Showing 1 - 10 of 308
China seen as keeping Thai inflation low
Business, Wichit Chantanusornsiri, Published on 24/09/2024
» Thailand's rate of inflation is not a major concern as China is currently "exporting deflation" globally, according to the chairman of the state planning agency.
Trio of consortiums tipped as 'favourites' in hunt for licences
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» The KTB-GULF-ADVANC-OR, SEA-BBL-VGI-Thailand Post and SCB-WeBank-KakaoBank consortiums are the applicants most likely to win one of the Bank of Thailand's virtual bank (VB) licences given their strengths in terms of capital, technology and a large customer base, says Yuanta Securities.
Private sector calls on BoT to cut rates
Business, Phusadee Arunmas, Published on 24/09/2024
» The private sector is urging the Bank of Thailand to reduce interest rates and maintain the value of the baht.
Analysts raise year-end target for SET
Business, Nuntawun Polkuamdee, Published on 24/09/2024
» Stock market analysts project that the Stock Exchange of Thailand (SET) index will rise by year-end, along with gold prices due to economic weakness in the US and the US Federal Reserve (Fed) interest rate cut.
Virtual bank race: 5 in the running
Somruedi Banchongduang, Published on 23/09/2024
» The Bank of Thailand has received five applications for three virtual bank licences, with two of the bidders set to drop out of the race over the following year.
All eyes on Thai baht
Business, Published on 23/09/2024
» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
US can't rely on inflation shamanism
News, Published on 23/09/2024
» Google "shamanism" and you will find that it is "a tradition of part-time religious specialists who establish and maintain personalistic relations with specific spirit beings through the use of controlled and culturally scripted altered states of consciousness." Every element of that definition applies to monetary policymaking today, as illustrated by the reaction to the US Federal Reserve's Sept 18 decision to cut the short-term interest rate by 50 basis points.
Who's in charge?
Published on 23/09/2024
» Re: "Central bank legacy", (PostBag, Sept 19) & "BoT urged to reduce interest rates", (Business, Sept 17).
Thai govt to expedite aid for tourism sites hit by floods
News, Post Reporters, Published on 22/09/2024
» The government will expedite its compensation plan, including soft loans and tax measures, for tourism businesses hit by the recent inundation, according to an official.