Showing 31 - 40 of 5,407
SCB expects rate cut later this year
Business, Somruedi Banchongduang, Published on 04/09/2024
» Siam Commercial Bank (SCB) expects the Bank of Thailand will begin cutting its policy rate later this year, with additional reductions likely continuing into early next year.
Small firms feel the pinch amid an array of challenges
Business, Wichit Chantanusornsiri, Published on 31/08/2024
» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.
Thailand economy improved in July, supported by global demand
Published on 30/08/2024
» Thailand's economy improved in July after slowing down in the previous month, as stronger global demand supported exports, tourism and manufacturing, the central bank said on Friday.
BoT governor, finance minister to discuss inflation
Reuters, Published on 30/08/2024
» Thailand's central bank chief and finance minister will meet in early September to open negotiations on an inflation target for 2025, a senior official said, as the government seeks a new goal with an eye on a rate cut that it has pushed for months.
Confidence still low among homebuyers
Business, Kanana Katharangsiporn, Published on 30/08/2024
» The housing purchase confidence index (HPCI) in Greater Bangkok improved slightly in the second quarter from the first quarter, thanks to property measures, but remained low because of persistent negative factors.
A closer inspection of negative income tax
Business, Wichit Chantanusornsiri, Published on 29/08/2024
» The first vision statement by former premier Thaksin Shinawatra, after 17 years away from Thailand, has garnered interest on several points, including the proposal of a negative income tax (NIT).
Central bank keeping tabs on baht movements
Published on 28/08/2024
» The Bank of Thailand is monitoring the movement of the baht as it strengthens against the US dollar, in line with several major regional currencies, influenced by both internal and external factors.
Economy performing below potential, says minister
Published on 28/08/2024
» Thailand’s economic growth has not reached its full potential, though there are some signs of recovery, according to Paopoom Rojanasakul, a caretaker deputy finance minister.
Digital handout delay could spark rate cut
Business, Published on 28/08/2024
» The Bank of Thailand could be prompted to cut the policy rate sooner than expected if the new government decides to delay the implementation of the digital wallet policy from the fourth quarter of this year, causing a severe drag on the Thai economy, say analysts.
Baht set to rise against the dollar
Business, Somruedi Banchongduang, Published on 27/08/2024
» The baht is expected to strengthen against the greenback this week, potentially reaching 33.50-33.75 baht per dollar, following its rise to the highest level in 13 months. This appreciation is largely driven by the weakening dollar, which has been impacted by the US Federal Reserve's signal of a potential rate cut next month.