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Search Result for “interest rate cuts”

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BUSINESS

Centara expands into budget hotels

Business, Molpasorn Shoowong, Published on 27/02/2026

» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).

BUSINESS

Analysts see buoyant SET following rate cut

Nuntawun Polkuamdee, Published on 27/02/2026

» Analysts are lifting Stock Exchange of Thailand (SET) index estimates for 2026 after the Monetary Policy Committee (MPC) cut the policy rate by 25 basis points (bps) to 1.00%, the lowest level in nearly four years, triggering expectations of a market re-rating.

BUSINESS

Pundits upbeat on monetary-fiscal fusing

Business, Nareerat Wiriyapong, Published on 27/02/2026

» The Bank of Thailand's rate cut this week, earlier than analysts expected, is a "positive surprise" sending a signal that monetary and fiscal policies should work more coherently from now on to prop up a subdued economy, note analysts.

BUSINESS

Tomorrowland tickets on sale Feb 28

Business, Narumon Kasemsuk, Published on 27/02/2026

» The first full-scale Tomorrowland in Thailand is slated to launch ticket sales on Saturday including hotel packages after recording strong pre‑registration interest from more than 110 countries.

THAILAND

Businesses along border call for aid

News, Jakkrit Waewkraihong, Published on 27/02/2026

» TRAT: Businesses along the border are calling for urgent government intervention as they struggle to survive in the face of prolonged closures of key checkpoints as a result of ongoing tensions between Thailand and Cambodia.

BUSINESS

SCB predicts gradual baht decline

Business, Somruedi Banchongduang, Published on 27/02/2026

» Siam Commercial Bank (SCB) expects the baht to gradually weaken against the US dollar, reaching 33 baht per dollar in the fourth quarter of this year, driven by a combination of domestic and external factors.

BUSINESS

Two banks cut lending interest rates

Business, Somruedi Banchongduang, Published on 27/02/2026

» In response to the Bank of Thailand's policy rate cut on Wednesday, Bangkok Bank (BBL) and the Bank for Agriculture and Agricultural Cooperatives (BAAC) yesterday announced a reduction to their lending interest rates of 0.1 percentage points per year.

BUSINESS

E-commerce giants form Thai trade group

Published on 26/02/2026

» Thailand needs a sustainable digital infrastructure to guarantee continued health of the industry, according to the Thai Digital Platform Trade Association (TDPA), a new trade group founded by major operators Grab, Lazada, Line Man Wongnai and Shopee.

BUSINESS

Thai manufacturing index rises on election activity

Lamonphet Apisitniran, Published on 26/02/2026

» Factory activity in Thailand picked up in January, driven by heightened political activity during the election campaign and strong demand in the automotive sector, according to the Office of Industrial Economics (OIE).

WORLD

US women's ice hockey captain responds to 'distasteful' Trump remark

AFP, Published on 26/02/2026

» LOS ANGELES (UNITED STATES) - Hilary Knight, captain of the victorious US women's Olympic ice hockey team, said Wednesday it was unfortunate that a "distasteful joke" by President Donald Trump had overshadowed the achievements of US athletes at the Milan-Cortina Games.