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Search Result for “Interest rates”

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GENERAL

Bank of Thailand stresses independence

Bloomberg News, Published on 20/09/2024

» Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on Friday stressed the need for central bank independence in setting monetary policy amid a lengthy disagreement with the government over whether or not interest rates should be cut to support the economy.

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PROPERTY

Thai scion bets US-China feud will ease Bangkok property glut

Bloomberg News, Published on 19/09/2024

» Frasers Property Limited, controlled by Thailand's richest man, is banking on US-China tensions to help reduce an oversupply of office space that has plagued the country's capital.

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GENERAL

Sports and music tourism will soon represent a 53 trillion baht economy

Bloomberg News, Published on 02/08/2024

» If you have lost track of how many people in your orbit have recently posted pictures of themselves at a Formula One race or Taylor Swift concert, chances are you are not alone.

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INVESTMENT

World-lagging Thai stocks see investors moving money into regional rivals

Bloomberg News, Published on 27/07/2024

» For years, Thai equities stood tall as one of Southeast Asia’s largest stock markets. That bullish story is fast unravelling, and not even cheap valuations can save the day.

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PROPERTY

Singapore home sales decline for second month

Bloomberg News, Published on 18/06/2024

» SINGAPORE - New-home sales in Singapore fell for a second month, as weak demand and a lack of major launches continued to weigh on the market.

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GENERAL

Government seeks tighter grip on central bank after clash

Bloomberg News, Published on 05/06/2024

» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.

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GENERAL

Central bank says current inflation goal 'appropriate'

Bloomberg News, Published on 30/05/2024

» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.

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INVESTMENT

Bitcoin’s longest losing streak of 2024 casts cloud over crypto

Bloomberg News, Published on 09/05/2024

» MUMBAI - Bitcoin is grinding lower as part of a US$500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.

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PROPERTY

Singapore home price rises slow, rents fall

Bloomberg News, Published on 26/04/2024

» SINGAPORE - Home prices in Singapore grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam.

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PROPERTY

New measures to boost 'sagging' property sector approved

Bloomberg News, Published on 09/04/2024

» The government has unveiled a slew of new measures including reduction in property registration and transfer fees to revive Thailand's residential real estate market.