Showing 1 - 6 of 6
Rate cuts to take priority next year
Business, Somruedi Banchongduang, Published on 18/12/2024
» Monetary policy should take a central role in driving economic growth next year, while fiscal policy diminishes as a tool to address the fiscal deficit, says Supavud Saichuea, chairman of the National Economic and Social Development Council.
Central bank head decries influx of Chinese goods
Business, Somruedi Banchongduang, Published on 04/12/2024
» The influx of Chinese goods has significantly affected Thailand's manufacturing growth and constrained loan expansion in the banking sector, says the Bank of Thailand's chief.
Banks slash lending rates after Bank of Thailand cut
Business, Somruedi Banchongduang, Published on 23/10/2024
» Large local banks have announced reductions across the board for their prime lending interest rates following the Bank of Thailand's policy rate cut, aiming to ease the financial burden for borrowers.
BoT says slowdown won't lead to loan contraction
Business, Somruedi Banchongduang, Published on 21/10/2024
» The Bank of Thailand expects lending in the banking sector will not contract this year despite a slowdown based on ongoing debt deleveraging.
BoT board boss pick delay
Somruedi Banchongduang, Published on 09/10/2024
» A committee organised to pick a new chairman of the board for the Bank of Thailand has postponed its selection until further notice amid concerns of possible political interference from several people, including former BoT governor Tarisa Watanagase.
Bank of Thailand keeping an eye on rising baht
Business, Somruedi Banchongduang, Published on 26/09/2024
» The Bank of Thailand insists it is committed to managing the baht's appreciation against the US dollar, with a view to easing its impact on the real economy.