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BUSINESS

SCB expects panel to cut policy rate to 1%

Business, Wichit Chantanusornsiri, Published on 22/12/2025

» Siam Commercial Bank (SCB) expects the Monetary Policy Committee (MPC) to cut the policy rate to 1% by the first half of next year to support inflation and mitigate debt deflation risks.

BUSINESS

Government Savings Bank president likely to be next central bank governor

Business, Wichit Chantanusornsiri, Published on 26/06/2025

» Vitai Ratanakorn, president of Government Savings Bank, is highly likely to be nominated as the new governor of the Bank of Thailand, with political leaders eager to shift the regulator's policy direction towards stronger monetary policies that they believe would support the economy.

BUSINESS

Bank of Thailand chief selection on course

Business, Wichit Chantanusornsiri, Published on 25/06/2025

» The top qualifications for the new governor of the Bank of Thailand must include the ability to work smoothly and effectively with the Finance Ministry, says Finance Minister Pichai Chunhavajira.

BUSINESS

Ministry preps extra funds for Q4

Business, Wichit Chantanusornsiri, Published on 21/09/2021

» The Finance Ministry will pump additional money into the economic system in the fourth quarter to further improve the flagging economy amid the prolonged Covid-19 pandemic, said director-general of the Fiscal Policy Office (FPO), Kulaya Tantitemit.

BUSINESS

Capacity to repay to normalise by 2024

Business, Wichit Chantanusornsiri, Published on 21/09/2021

» The debt repayment capacity of retail customers at Government Savings Bank (GSB) will gradually return to normal levels in three years once the pandemic is controlled, said bank president Vitai Ratanakorn.