Showing 1 - 10 of 105
Thai economy 'nearly in crisis'
Reuters, Published on 21/08/2024
» Thailand's economy is nearly in crisis due to declining exports and uncompetitive manufacturing, caretaker Finance Minister Pichai Chunhavajira said on Wednesday.
Government Savings Bank in joint venture to tackle household debt
Reuters, Published on 29/05/2024
» The Government Savings Bank (GSB) has formed a joint venture with Bangkok Commercial Asset Management to tackle household debt, the state-owned lender said on Wednesday.
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.
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.
Investment bank Credit Suisse sacking most Hong Kong staff
Reuters, Published on 07/08/2023
» HONG KONG - Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be made redundant starting this week, two people with knowledge of the matter said, as part of the bank's integration with UBS Group.
Food exports seen at record high this year
Reuters, Published on 10/05/2023
» Thailand's food exports are expected to rise by 2.1% to a record of 1.5 trillion baht (US$44.31 billion) this year, helped by a recovery in global demand and China's reopening, a leading industry group said on Wednesday.
Mahathir: Jailed Najib 'highly likely' to get royal pardon
Reuters, Published on 25/08/2022
» KUALA LUMPUR: Malaysia's veteran politician Mahathir Mohamad said on Thursday that the disgraced former premier Najib Razak, who he helped bring down, was likely to receive a royal pardon and be released from a 12-year jail sentence for graft that he began this week.
Bank of Thailand relaxes foreign exchange rules
Reuters, Published on 18/04/2022
» The Bank of Thailand (BoT) said on Monday it had further relaxed foreign exchange regulations to allow for easier capital movement and risk management amid volatility as the baht hit a two-week low against the dollar.
Bank of Thailand chief says growth a bigger worry than inflation for now
Reuters, Published on 11/04/2022
» The Bank of Thailand (BoT) will focus monetary policy efforts on shoring up sluggish growth in Southeast Asia'a second-largest economy, its chief said on Monday, even as surging global price pressures force its peers to raise interest rates.
Thailand approves relaxed tax rules for digital assets
Reuters, Published on 08/03/2022
» The cabinet on Tuesday relaxed tax rules for investments in digital assets to help promote and develop the industry following a surge in cryptocurrency trading in Southeast Asia's second-largest economy.