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Search Result for “policy interest rate”

Showing 1 - 10 of 79

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GENERAL

Central bank urged to reduce interest rates

Business, Phusadee Arunmas, Published on 17/09/2024

» The Commerce Minister has urged the Bank of Thailand (BoT) to cut interest rates and maintain the value of the baht, hoping to increase exports and increase GDP.

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GENERAL

Council anticipates 1-2% export growth

Business, Phusadee Arunmas, Published on 08/05/2024

» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.

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GENERAL

Inflation rises after 7 months of falling prices

Business, Phusadee Arunmas, Published on 04/05/2024

» Inflation in Thailand last month was positive for the first time in seven months after the government permitted retailers to raise the price of diesel, while the prices of fresh food and vegetables increased thanks to the recent heatwave.

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GENERAL

Thai business registrations rise, including burgeoning spiritual belief sector

Business, Phusadee Arunmas, Published on 03/04/2024

» The number of newly registered businesses grew in the first quarter of this year, with enterprises in the burgeoning spiritual belief sector generating economic value of 15 billion baht.

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GENERAL

PM wants rate cuts sped up

News, Phusadee Arunmas, Published on 21/02/2024

» Prime Minister Srettha Thavisin has urged the Bank of Thailand's (BoT) Monetary Policy Committee (MPC) to call a special session to consider cutting interest rates without having to wait until April.

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GENERAL

Thai Chamber of Commerce calls for rate cut at next meeting

Business, Phusadee Arunmas, Published on 09/02/2024

» The Thai Chamber of Commerce (TCC) hopes the Bank of Thailand will reduce interest rates at its next meeting, noting that the economy is recovering but remains fragile.

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THAILAND

PM piles pressure on BoT

News, Phusadee Arunmas, Published on 07/02/2024

» The Bank of Thailand's (BoT) monetary policy committee (MPC) has come under pressure today following Prime Minister Srettha Thavisin's public call for a 25 basis point rate cut.

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GENERAL

Call for loans to help firms upgrade to meet EU standards

Business, Phusadee Arunmas, Published on 18/01/2024

» The government is being advised to initiate a low-interest loan programme to assist businesses in upgrading their machinery and equipment in alignment with the EU's Carbon Border Adjustment Mechanism (CBAM).

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GENERAL

Consumer confidence continues uptick

Business, Phusadee Arunmas, Published on 12/01/2024

» Consumer confidence rose for a fifth consecutive month in December, reaching the highest level in 46 months since March 2020, propped up by government measures to reduce electricity and fuel prices.

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GENERAL

Exports on course for 1% dip last year

Business, Phusadee Arunmas, Published on 10/01/2024

» The Thai National Shippers' Council (TNSC) is maintaining its export forecast at -1% for 2023, despite the sector showing signs of recovery and expansion in the final quarter.