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Search Result for “interest rates”

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GENERAL

Candidates vie for post of governor

Business, Published on 17/06/2025

» The Bank of Thailand is preparing to welcome a new governor as the incumbent, Sethaput Suthiwartnarueput, is scheduled to complete his term on Sept 30, 2025. The selection process for this crucial role is highly anticipated, given the significant economic challenges facing Thailand and the importance of central bank leadership in shaping monetary policy and financial stability.

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GENERAL

SET faces pressure from tariff developments

Business, Published on 17/06/2025

» The Stock Exchange of Thailand performed well in early May after the Bank of Thailand cut its benchmark interest rate by another quarter-point in late April to 1.75%, the second reduction this year. First-quarter results that exceeded market expectations also helped sentiment.

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GENERAL

Ministry rebuffs reports of returned pico-finance licences

Business, Wichit Chantanusornsiri, Published on 16/06/2025

» The Finance Ministry has dismissed reports suggesting a growing number of business operators are returning their pico-finance licences due to an increase in non-performing loans (NPLs).

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OPINION

Why US Treasury yields are rising

Oped, Published on 16/06/2025

» Sovereign bond yields have been rising sharply around the world, driven by growing concerns over US President Donald Trump's economic policies and an increasingly uncertain global outlook. In less than a month, the yield on 10-year Treasuries jumped by 50 basis points to 4.6%. And in May alone, the 30-year Treasury rate rose by 30 basis points, briefly topping 5%.

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GENERAL

Investor confidence makes headway in May

Business, Published on 13/06/2025

» The Investor Confidence Index, which is measured by the Federation of Thai Capital Market Organizations (Fetco), improved to the neutral zone in May from bearish sentiment a month earlier, reflecting hopes that government stimulus would revitalise a slowing economy.

GENERAL

Investment property sales remain active in Bangkok

Business, Published on 13/06/2025

» Market conditions are not slowing down transactions for investment properties across inner Bangkok, according to CBRE Thailand, the international property consultant.

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GENERAL

Bank of Thailand to supervise loans for hire purchase, leasing

Somruedi Banchongduang, Published on 12/06/2025

» The Bank of Thailand (BoT) may take over the regulation of fees and interest rates for auto hire-purchase and leasing loans, replacing the Office of the Consumer Protection Board (OCPB) under a new law.

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INVESTMENT

Foreign investors seeking clear policies amid volatility

Nuntawun Polkuamdee, Published on 10/06/2025

» Foreign investors would like to see clear and well-defined policies as they have continued to offload Thai equities for a third consecutive year, with cumulative net sales exceeding 400 billion baht, said the Stock Exchange of Thailand (SET).

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LIFE

Rising rents threaten the vibrant street food scene of the once-booming Banthat Thong Road

Life, Thana Boonlert, Published on 09/06/2025

» As night fell, neon signs gradually lit up Instagrammable restaurants and cafes. Despite pouring rain, tourists were taking photos of a dessert shop's logo of a boy holding a bun at an iconic intersection. Some eateries were teeming with customers, with a long queue of them spilling onto the sidewalk. Some, less popular, saw staff sitting idle. Others put up advertisement for lease.

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PROPERTY

Trump tariffs crush Thai housing demand

Business, Kanana Katharangsiporn, Published on 09/06/2025

» The "Trump effect" has had a far greater impact on housing demand than the recent earthquake, which only caused temporary delays in purchases and transfers, whereas the former led to buyers stopping purchases altogether, according to SET-listed developer Supalai.