Showing 1 - 10 of 60
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.
Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
Central bank 'open' to easing if economic weakness drags
Bloomberg News, Published on 09/02/2024
» A top Thai monetary policymaker said the Bank of Thailand (BoT) is willing to lower borrowing costs if it is convinced that the weakness in the economy is persistent and not transitory.
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.
Thai banks, KB vying for $700m Home Credit Vietnam
Bloomberg News, Published on 07/11/2023
» Thailand’s biggest banks Kasikornbank Pcl and SCB X Pcl are among the final bidders for consumer lender Home Credit’s business in Vietnam, according to people familiar with the matter.
Billionaires muscle in on convenience store king’s domain
Bloomberg News, Published on 05/10/2023
» Some of Thailand’s wealthiest tycoons are looking to muscle in on the convenience-store sector, betting that a shift in consumer preferences for buying less but shopping more often will fuel demand for years to come.
Advanced Info Service to buy Triple T Broadband
Bloomberg News, Published on 04/07/2022
» Advanced Info Service Plc (AIS), Thailand’s biggest mobile phone operator, plans to expand its network by acquiring Triple T Broadband Plc and an infrastructure fund for a total of 32.4 billion baht.
Singapore aims to clear foreign labour crunch in ‘few months’
Bloomberg News, Published on 02/03/2022
» Singapore aims to fill a shortage of overseas workers within the next few months as it progressively eases border restrictions, according to Finance Minister Lawrence Wong.
Singapore core CPI accelerates 7th month to most since 2012
Bloomberg News, Published on 23/02/2022
» Core inflation in Singapore accelerated for a seventh month to the fastest in almost a decade amid expectations that its central bank will act again in April to tighten policy.
Cabinet approves B140bn stimulus package amid new outbreak
Bloomberg News, Published on 01/06/2021
» The cabinet approved a set of economic stimulus measures worth 140 billion baht to counter the impact from the nation’s biggest coronavirus outbreak yet.