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Advanced search
Showing 1-10 of 3,590 results
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BoT estimates first-quarter growth at just 1%
Published on 30/04/2024
» The Bank of Thailand estimates that the country’s economy grew by just 1% in the first quarter on both a quarterly and annualised basis.
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Tepid exports recovery add to Thailand, Vietnam’s currency woes
Published on 29/04/2024
» An unexpectedly weak exports performance in Asia’s emerging economies risks adding pressure to their currencies already hammered by a strong dollar and the Federal Reserve’s hawkish pivot.
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Calculating the cost of war
Business, Published on 29/04/2024
» Currency depreciation, a surge in oil prices and a decline in purchasing power often result from geopolitical conflicts.
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Asian shares get lift from US tech results
Business, Published on 27/04/2024
» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.
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Handout funding to diminish spending on other projects
Business, Wichit Chantanusornsiri, Published on 27/04/2024
» Once the government allocates substantial funds for its flagship digital wallet handout, spending on other projects will be reduced, says finance permanent secretary Lavaron Sangsnit.
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Global and Thai economies face rising risk
Business, Published on 27/04/2024
» Three recent events have changed the world economic picture and monetary policy outlook.
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Analysts: Rate cut unlikely before Q2 of 2025
Business, Nareerat Wiriyapong, Published on 26/04/2024
» The Bank of Thailand is unlikely to lower interest rates until the second quarter of 2025, when the economy could hit a fiscal cliff after the impact of the 10,000-baht digital handout diminishes, as expectations grow that the Federal Reserve will keep US rates elevated for longer, say analysts.
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Indonesia hikes rate to arrest rupiah slide
Published on 24/04/2024
» The Indonesian central bank on Wednesday raised its benchmark interest rate to a record high, in what is seen as a one-and-done move to support the rupiah that has hit pandemic-era lows.
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Central bank intervenes to steady baht
Reuters, Published on 24/04/2024
» The Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery.
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Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.
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