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Search Result for “25-basis-point rate cut”

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BUSINESS

Trump's Fed pick vows to safeguard independence

AFP, Published on 21/04/2026

» WASHINGTON - Kevin Warsh, Donald Trump’s choice to lead the US Federal Reserve, vowed on Tuesday to protect central bank independence at his confirmation hearing, despite intense pressure from the president.

BUSINESS

Long-stay visas for condo buyers in Phuket clarified

Achadthaya Chuenniran, Published on 21/04/2026

» PHUKET - Immigration authorities and real estate executives held a briefing on Tuesday to clarify the new long-stay visa programme for foreign real estate investors, which aims to attract high-potential buyers and support economic activity in Thailand’s property sector.

BUSINESS

Electric vehicles fuel Tisco auto loan growth in Q1

Business, Somruedi Banchongduang, Published on 21/04/2026

» Tisco Financial Group, the holding company of Tisco Bank, reported positive auto loan growth in Thailand in the first quarter of 2026, mainly driven by an increase in electric vehicle (EV) sales.

BUSINESS

Thai bond market under pressure as inflation fears increase

Business, Nuntawun Polkuamdee, Published on 21/04/2026

» Thailand's bond market is facing mounting pressure as surging oil prices fuel inflation fears, drive a sharp repricing of the yield curve, and accelerate foreign capital outflows, according to market participants.

BUSINESS

Sky ICT targets green transformation of airports

Business, Komsan Tortermvasana, Published on 21/04/2026

» SET-listed aviation tech company Sky ICT is pivoting to a green airport strategy, seizing aviation shifts amid global volatility.

BUSINESS

CP All's virtual banking restructuring under scrutiny

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 21/04/2026

» Thailand's retail giant CP All (CPALL) is facing intensifying scrutiny over its proposed restructuring plan to integrate three key subsidiaries into a virtual banking ecosystem, after independent directors formally opposed the move.

BUSINESS

Stimulus needed for regional tourism

Business, Molpasorn Shoowong, Published on 21/04/2026

» Regional tourism operators expect domestic tourism during this low season to perform worse than last year, due to higher living costs and debt levels, unless new stimulus measures are introduced to encourage travel and provide short-term debt relief.

BUSINESS

Vietnam plans to extend fuel tariff suspension, extend tax incentives for EVs

Reuters, Published on 20/04/2026

» HANOI - ⁠Vietnam ⁠plans to ​extend a suspension of import tariffs ​on fuels ‌by two months to the end of June, state media cited the Finance Ministry as saying ​over the ⁠weekend.

BUSINESS

BBL maintains loan growth target amid global volatility

Business, Somruedi Banchongduang, Published on 20/04/2026

» Bangkok Bank (BBL) expects crude oil prices to remain elevated despite an eventual end to the war in the Middle East, while encouraging local businesses to accelerate their transition to alternative energy.

BUSINESS

Natural gas key to growth

Business, Yuthana Praiwan, Published on 20/04/2026

» Natural gas continues to play a pivotal role in global energy systems even as the world accelerates its transition towards cleaner alternatives.