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Search Result for “FINANCE”

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WORLD

Rishi Sunak calls UK national election for July 4

Reuters, Published on 23/05/2024

» LONDON: British Prime Minister Rishi Sunak called a national election on Wednesday, naming July 4 as the date for a vote his governing Conservatives are widely expected to lose to the opposition Labour Party after 14 years in power.

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GENERAL

Cabinet approves plan to raise 2024 budget

Reuters, Published on 21/05/2024

» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.

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GENERAL

Govt plans to increase budget by B122bn to fund handout scheme

Reuters, Published on 20/05/2024

» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.

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GENERAL

Exports expected to rise 1%-2% - shippers

Reuters, Published on 07/05/2024

» Thailand's exports are expected to rise 1% to 2% this year, unchanged from a previous forecast, the Thai National Shippers' Council said on Tuesday.

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GENERAL

Keeping rate steady creates policy optionality - central bank

Reuters, Published on 24/04/2024

» Thailand's current policy interest rate settings were robust and can handle future risks to the economy, the central bank said on Wednesday, amid continued pressure from the government to lower borrowing costs and help jumpstart sluggish growth.

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GENERAL

Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

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GENERAL

Central bank's independence must not overlook people's suffering: PM

Reuters, Published on 11/04/2024

» Prime Minister Srettha Thavisin said on Thursday that an interest rate cut by the Bank of Thailand (BoT) would have been good for the Thai economy, in response to the bank’s decision to hold interest rates steady.

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GENERAL

Bank of Thailand holds key rate at 2.50%

Reuters, Published on 10/04/2024

» Thailand's central bank left its key interest rate unchanged for a third straight meeting on Wednesday, as widely expected, resisting government pressure to lower borrowing costs to help revive Southeast Asia's second-largest economy.

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GENERAL

Digital wallet scheme coming in Q4, says Srettha

Reuters, Published on 10/04/2024

» The government's 500 billion baht (US$13.75 billion) digital wallet handout scheme will be rolled out in the fourth quarter of this year, Prime Minister Srettha Thavisin said on Wednesday.

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GENERAL

Dollar firm after Fed comments; yen under close watch

Reuters, Published on 28/03/2024

» TOKYO: The U.S. dollar received a boost against major currency peers on Thursday, as a Federal Reserve official said he wasn't in a hurry to cut rates amid sticky inflation, and as traders braced for key economic data.