Showing 1 - 10 of 145
Loans, guarantees part of ‘Ignite’ vision
Published on 11/06/2024
» The cabinet on Tuesday approved a low-interest loan programme worth 5 billion baht to support the government’s “Ignite Thailand” vision and a credit guarantee fund valued at 50 billion baht to help small and medium-sized enterprises (SMEs) access credit.
Finance Ministry wants rate cut at central bank meeting
Reuters, Published on 11/06/2024
» The government wants to see an interest rate cut at Wednesday's central bank policy review to help the economy as the current level is "too high", a deputy finance minister said on Tuesday.
Asian shares advance on rate-cut optimism
Business, Published on 08/06/2024
» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.
Index might keep trading sideways
Business, Published on 08/06/2024
» The downtrend on the Stock Exchange of Thailand persisted in May, despite a temporary rebound when the SET index briefly surpassed 1,370 points early in the month. The index peaked at 1,389 points before pulling back below 1,370. Among the key factors expected to influence trading going forward:
Strong US jobs growth dents hopes for rate cut
Published on 07/06/2024
» Global stocks retreated from all-time highs on Friday and US government debt yields jumped after unexpectedly strong US jobs data doused hopes the Federal Reserve would soon follow the euro zone and Canada in cutting interest rates.
KKP wary on baht outlook despite uptick
Business, Published on 07/06/2024
» The baht has posted a short-term gain, rising to a two-week high of stronger than 36.5 to the dollar on Thursday, but Kiatnakin Phatra Financial Group (KKP) warns the Thai currency could depreciate because of Thailand's structural problems.
Stocks hit records as ECB cuts rates
Published on 06/06/2024
» World stocks hit an all-time high and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years, but also signalled that further moves could take a while.
Political risks stifle Thai bonds
Published on 06/06/2024
» Rising political risk in Thailand is keeping foreign investors cautious about the country’s bonds, even as they tiptoed back into the market in May for the first time in six months.
Credit access problems need urgent fix, says central bank
Reuters, Published on 04/06/2024
» Thailand needs to urgently resolve problems of credit access for small- and medium-sized businesses, which are key for the economy, a deputy central bank governor said on Tuesday.
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.