Showing 1 - 10 of 72
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.
Central bank rate decision puts spat with PM in spotlight
Bloomberg News, Published on 09/04/2024
» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.
Gold jumps above $2,200 an ounce for first time on Dovish Powell
Bloomberg News, Published on 21/03/2024
» Gold jumped above $2,200 an ounce for the first time after the Federal Reserve maintained its outlook for three rate cuts this year, suggesting it isn’t alarmed by a recent uptick in inflation.
Move Forward slams Srettha for public feud with central bank
Bloomberg News, Published on 23/02/2024
» The public sparring between Prime Minister Srettha Thavisin and Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on monetary policy risks undermining the institution's independence and poses a threat to credit ratings, according to the opposition Move Forward Party (MFP).
‘Factory sandbox’ to protect B700bn sector
Bloomberg News, Published on 19/08/2021
» The government has launched a pilot program to test, vaccinate and isolate factory workers to limit Covid-related disruptions to its export-driven manufacturing industry, one of the few bright spots in an economy crushed by the virus.
Bank of Thailand holds rate, cuts GDP forecast on Covid spike
Bloomberg News, Published on 04/08/2021
» The Bank of Thailand (BoT) held its key interest rate unchanged and cut its economic forecast a day after lockdown-like measures were extended to more of the country, with two dissenting members saying rates should be lowered even further.
Rate hikes coming to emerging markets with debt at records
Bloomberg News, Published on 15/03/2021
» Alarm bells are starting to ring across emerging markets as countries brace for a new era of rising interest rates.
Thailand’s economic outlook ‘worst in Asia’: analysts
Bloomberg News, Published on 07/07/2020
» Thailand has been cited as a success story in containing the coronavirus outbreak, having gone more than 40 days without any local transmission of Covid-19. Yet its economic outlook is the darkest in Asia.
SE Asian currencies jump in June, peso leads
Bloomberg News, Published on 22/06/2020
» June is shaping up to be a good month for Southeast Asia’s currencies, with every one gaining.
Emerging-market rally seen as unstoppable
Bloomberg News, Published on 08/06/2020
» There’s so much positive momentum in risk assets, it’s difficult to see what could stand in the way of the emerging-market rally, at least in the coming days.