Showing 1 - 10 of 149
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
Bank of Thailand sticks to 3 virtual bank licences
Business, Published on 21/09/2024
» The Bank of Thailand is maintaining its policy of initially granting only three virtual bank licences, despite receiving a large number of applications from interested operators.
Asian shares extend rally sparked by Fed
Business, Published on 21/09/2024
» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
Big names chase virtual bank licences
Published on 19/09/2024
» Competition for new virtual bank licences has intensified, with five major business groups confirming their intentions prior to the deadline for submissions on Thursday.
Cabinet nod for VAT cut extension
Anucha Charoenpo, Published on 18/09/2024
» The cabinet has approved an extension of the 7% value-added tax (VAT) reduction for another year, aiming to alleviate the impact of the cost of living and boost consumer spending.
Asian shares advance on tech rally, rate optimism
Business, Published on 14/09/2024
» RECAP: Most Asian equity markets advanced on Friday, following a tech rally on Wall Street, while US economic data sustained expectations that the Federal Reserve would start cutting interest rates next week.
E-commerce platform review needed, says minister
Komsan Tortermvasana, Published on 12/09/2024
» The Ministry of Digital Economy and Society (DES) plans to seek cooperation from related agencies on supervision of foreign e-commerce platforms through a proper regulatory scheme, says minister Prasert Jantararuangthong.
Asian equities steady after turbulent week
Business, Published on 07/09/2024
» RECAP: Asian equities were poised to end a turbulent week on a steady note and Thai shares had their best week of the year, while currencies edged higher ahead of crucial US payrolls data that could set the stage for a larger interest rate cut.
Inflation up in August, below forecast
Reuters, Published on 05/09/2024
» Thailand's annual headline inflation rate slowed in August, as food prices rose and energy prices fell, the Commerce Ministry said on Thursday, and remained below the Bank of Thailand's (BoT) target range of 1% to 3%.
Co-op, nano-finance loans gain in Q2
Business, Published on 05/09/2024
» Co-operative (co-op) and nano-finance loans grew significantly in the second quarter of 2024, driven by retail borrowers seeking additional liquidity to cover expenses as access to bank loans became more challenging.