Showing 1 - 10 of 44
World Bank cuts Thai growth outlook
Reuters, Published on 14/12/2023
» Thailand's economic growth is expected at 2.5% this year before accelerating to 3.2% in 2024, supported by a recovery in tourism, exports and sustained private consumption, the World Bank said on Thursday.
Bank of Thailand to hike rates by 25 bps on Aug 2
Reuters, Published on 27/07/2023
» BENGALURU: The Bank of Thailand (BoT) will deliver a final 25-basis-point interest rate increase on Aug 2 and then hold rates steady until 2025 as the inflation outlook remains high and uncertain, a poll found.
Thai stocks flounder in absence of China spark
Reuters, Published on 16/06/2023
» SINGAPORE: Thailand's stock market has become the symbol of investor disenchantment with China's economic reopening, going from market darling in January to Asia's second-worst performing market by June, with little sign of a turnaround.
US Treasury's Adeyemo heads to Apec meeting with focus on trade, 'resilience'
Reuters, Published on 18/10/2022
» WASHINGTON: United States Deputy Treasury Secretary Wally Adeyemo will travel to Asia this week for a two-day meeting with finance ministers from the Asia-Pacific region and bilateral meetings in Thailand and Singapore, the US Treasury Department said on Tuesday.
Bank of Thailand sees no surge in bad loans after policy rate hike
Reuters, Published on 16/08/2022
» The Bank of Thailand (BoT) on Tuesday it expected no surge in bad loans despite a hike in the benchmark interest rate and urged banks to gradually adjust their rates to help vulnerable groups.
Tourism-reliant economy likely gathered pace in Q2
Reuters, Published on 12/08/2022
» BENGALURU: Thailand's economy likely grew at its fastest pace in a year last quarter, thanks to increased tourism as pandemic curbs eased, but the high cost of living and a slowdown in China pose threats to the outlook, a Reuters poll showed.
Motor racing-W Series shifts its Asian debut from Suzuka to Singapore
Reuters, Published on 27/07/2022
» LONDON: The all-female W Series motor racing championship has cancelled plans to race in Japan for the first time and will instead make its Asian debut in Singapore in October, organisers said on Wednesday.
Baht falls as BoT remains dovish, Asian stocks rise
Reuters, Published on 22/07/2022
» The baht extended losses on Friday after the country's central bank said inflation was under control and that future rate hikes would be strictly data-driven, bucking a firmer trend among regional currencies.
No need to raise interest rates, says BoT chief
Reuters, Published on 20/05/2022
» Thailand has no need to raise interest rates following the Federal Reserve's hikes in US rates, as domestic factors and the economic recovery will be the main issues determining policy, the central bank chief said.
BoT chief: Thailand has no need to follow Fed's tightening
Reuters, Published on 19/05/2022
» Thailand has no need to raise interest rates following the United States Federal Reserve's hikes as domestic factors and its economic recovery will be the key issues when deciding policy, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Thursday.