Showing 51 - 60 of 1,526
Bangkok Bank cuts retail loan rates by 25 bps
Reuters, Published on 26/04/2024
» Bangkok Bank said on Friday it will cut its retail loan rates by 25 basis points for a period of six months, effective on April 29, to help vulnerable borrowers reduce their interest burden.
Analysts: Rate cut unlikely before Q2 of 2025
Business, Nareerat Wiriyapong, Published on 26/04/2024
» The Bank of Thailand is unlikely to lower interest rates until the second quarter of 2025, when the economy could hit a fiscal cliff after the impact of the 10,000-baht digital handout diminishes, as expectations grow that the Federal Reserve will keep US rates elevated for longer, say analysts.
Banks to cut rates by 25 bps for 'vulnerable groups'
Reuters, Published on 25/04/2024
» Banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, the Thai Bankers Association (TBA) said on Thursday, responding to a government request to help small businesses.
Indonesia hikes rate to arrest rupiah slide
Published on 24/04/2024
» The Indonesian central bank on Wednesday raised its benchmark interest rate to a record high, in what is seen as a one-and-done move to support the rupiah that has hit pandemic-era lows.
Central bank intervenes to steady baht
Reuters, Published on 24/04/2024
» The Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery.
A tale of two havens
Business, Published on 24/04/2024
» The substantial outperformance of US equities versus US Treasuries over the first quarter of 2024 has left many multi-asset managers and investors asking: what’s next?
Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.
War worries put pressure on baht
Business, Nareerat Wiriyapong, Published on 23/04/2024
» The baht could weaken to around 37.20 baht to the US dollar later this week from its six-month low of 36.9 baht on Monday due to continuing concerns over the conflict in the Middle East, while US economic figures due this week are likely to support dollar strength, says Kasikorn Research Centre (K-Research).
All eyes on first-quarter earnings
Business, Published on 23/04/2024
» We are entering the seventh month in which the Thai stock market is in limbo and stuck in sideways mode. Sentiment for global risk assets in general continues to be influenced by external macro factors such as:
SET strives to get above 1,400 hurdle
Business, Published on 20/04/2024
» The Stock Exchange of Thailand (SET) in March followed in February's footsteps with a slight gain of 0.5% or 7.27 points to close the month at 1,377.94, with average daily turnover of 41.2 billion baht, down 8.4% from the month before.