Showing 1 - 7 of 7
Thailand bets on B500bn cash handout to revive economy
Bloomberg News, Published on 24/07/2024
» The government expects the rollout of a long-delayed cash handout to most adult citizens to help reverse a slump in economic activity and tackle the highest household debt in Southeast Asia.
Central bank renews case to limit digital wallet scheme
Bloomberg News, Published on 19/06/2024
» The Bank of Thailand (BoT) remains firm in its opposition to a government plan to give 500 billion baht in cash to almost all its adult citizens to revitalise consumption activity, saying the prudent thing would be to limit assistance to the needy.
Paris loses crown as Europe’s biggest stock market to London
Bloomberg News, Published on 17/06/2024
» LONDON - France’s political upheaval has led the country to lose its spot as Europe’s biggest equity market, less than two years after stealing that crown from the UK.
Central bank seen resisting rate-cut pressure
Bloomberg News, Published on 07/02/2024
» The Bank of Thailand (BoT) will probably keep its benchmark rate steady at more than a decade-high on Wednesday, resisting political pressure for a cut as the monetary authority is wary of lowering borrowing costs too soon.
Economic growth slows, boosts stimulus case
Bloomberg News, Published on 21/11/2023
» Thailand’s economic growth unexpectedly slowed in the third quarter as manufacturing slumped on weak exports, supporting the case for the government to proceed with its planned US$14 billion cash handout program.
Asia factories cope with high costs amid war
Bloomberg News, Published on 01/11/2023
» JAKARTA - Manufacturing activity in Asia slumped again in October as conflict in the Middle East drove oil prices higher, costs rose and global demand remained under pressure.
Central bank lifts key rate to 9-year high
Bloomberg News, Published on 02/08/2023
» The Bank of Thailand raised its key interest rate to a nine-year high on Wednesday, amid concerns about upside risks to prices.