Showing 1 - 10 of 16,299
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.
Baht’s biggest rally since 1998 threatens tourism, exports
Bloomberg News, Published on 20/09/2024
» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.
Call for looser real estate lending rules
Business, Published on 20/09/2024
» The government is advised to ease lending restrictions and reduce interest rates as newly completed condo units worth more than 86 billion baht are awaiting transfer in the fourth quarter, which could lift both the property sector and the entire economy, says the Thai Condominium Association.
Asian markets cheer big US rate cut
Published on 19/09/2024
» Asian stocks surged on Thursday after the Federal Reserve made its first interest rate cut in four years a big one, creating what analysts say should be a path to a soft landing for the US economy.
Extra budget to fix deficits
News, Mongkol Bangprapa, Published on 19/09/2024
» The cabinet has approved an additional budget of nearly 6 billion baht to compensate healthcare units under the universal healthcare scheme that have suffered significant losses due to rising costs.
Consumer spending to finally recover this year
Business, Nareerat Wiriyapong, Published on 19/09/2024
» The Bank of Thailand's expected interest rate cuts, prompted by the strong baht, and growth in the tourism sector will both increase the country's consumer spending, which is expected to exceed the 2019 level for the first time this year, say analysts.
The best of Koh Samui
Life, Published on 19/09/2024
» In the late morning on Koh Samui, it began to sprinkle and strong gusts were driving away the nimbus clouds as we reached Bang Makham beach for breakfast. For a mere 59 baht per person, the Po Lay beachfront eatery offers a full buffet line-up with tempting options of authentic southern-style fare such as yellow fish curry (nam ya pla), thick fish curry (gaeng tai pla) and peanut sauce (nam prik), which can be paired with a range of fresh or pickled vegetables.
Uttaradit in spotlight at CU Centenary Park
Life, Published on 19/09/2024
» To satisfy wanderlust without having to leave the capital, people will get an opportunity to experience sustainable living and the beautiful culture of the northern town of Uttaradit at "Along Uttaradit Festival", which takes place in Bangkok's CU Centenary Park from tomorrow until Sunday.
ASPS: Big rate cut raises recession odds
Business, Nuntawun Polkuamdee, Published on 19/09/2024
» A large Federal Reserve interest rate cut this week may be followed by a US recession in the next six months, according to Asia Plus Securities (ASPS), which advised investor caution as the central bank is expected to start a programme of easing this month.
Fiscal 2025 public debt estimated at 66% of GDP
Business, Wichit Chantanusornsiri, Published on 19/09/2024
» The level of public debt for fiscal 2025 is projected at 66% of GDP, which is below the fiscal sustainability threshold of 70%.