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Search Result for “low pressure”

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THAILAND

Critics warn Thai ex-PM Thaksin off politics

Aekarach Sattaburuth, Published on 25/08/2024

» Prime Minister Paetongtarn Shinawatra and the new government could be in trouble if they allow themselves to be controlled by former prime minister Thaksin Shinawatra, according to political observers.

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GENERAL

Bank of Thailand holds key rate at 2.50%

Published on 21/08/2024

» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.

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GENERAL

Analysts expect steady policy rate

Business, Published on 21/08/2024

» The Bank of Thailand is expected to keep the policy rate at a decade-high level of 2.5% at its meeting on Wednesday, though analysts see a higher likelihood of a rate cut this year given growing headwinds facing the Thai economy.

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OPINION

Let's think smart

Oped, Postbag, Published on 13/07/2024

» Re: "Do subsidies affect consumption?", (Business, July 1).

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LIFE

Reforming Thai cinema

Life, Suwitcha Chaiyong, Published on 03/06/2024

» It has been eight months since the National Soft Power Strategy Committee was established under the government of Prime Minister Srettha Thavisin. Meanwhile, the Thai film industry, supported by the Thailand Creative Culture Agency, has not seen any significant changes.

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GENERAL

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.

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GENERAL

K-Research expects central bank to stay the course on rates

Business, Nareerat Wiriyapong, Published on 04/04/2024

» Despite growing market anticipation of monetary policy easing, Kasikorn Research Center (K-Research) is ruling out the possibility of a Bank of Thailand (BoT) policy rate cut at its April 10 meeting amid growing concerns about a weakening baht.

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GENERAL

More baht depreciation

Business, Nareerat Wiriyapong, Published on 20/03/2024

» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.

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GENERAL

Baht dips on US inflation figures

Business, Published on 15/02/2024

» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.

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TRAVEL

The year travellers came back

Life, Published on 21/12/2023

» Upon the arrival of the Year of the Rabbit, Covid-19 became a seasonal virus and the world was full of hope again as borders reopened and travellers longed to indulge their wanderlust. This lit the torch for tourism to bounce back.