Showing 1 - 10 of 286
Asian equities mixed despite gains in Japan
Business, Published on 15/06/2024
» RECAP: Asian equities were mixed on Friday, with Japanese shares surging following the Bank of Japan's decision to delay a reduction in bond buying. However, Chinese and Australian market weakness dragged down the overall MSCI Asia Pacific Index.
Warning over insufficient fossil fuel cuts
Business, Yuthana Praiwan, Published on 14/06/2024
» Gas and coal reduction targets in the revised version of the power development plan (PDP) may be insufficient for the government to achieve carbon neutrality by 2050, say energy firms.
Airlines urge excise tax cut
Business, Wichit Chantanusornsiri, Published on 14/06/2024
» Budget airlines are calling on the Finance Ministry to help reduce the excise tax on jet fuel to lower costs for airlines, which claim to be in a fragile state.
Analysts predict Thai rates likely to stay put
Business, Nareerat Wiriyapong, Published on 14/06/2024
» Analysts are ruling out the possibility the Bank of Thailand will cut interest rates this year after the US Federal Reserve sent clear signals it would trim the US rate only once in 2024, followed by four more cuts next year.
PM: New inflation target should increase rate-cut odds
Published on 13/06/2024
» An upcoming review of the country’s inflation target range by the Bank of Thailand and the Ministry of Finance should increase the chance of an interest-rate cut, Prime Minister Srettha Thavisin said on Thursday.
MPC votes 6-1 to keep policy rate
Business, Somruedi Banchongduang, Published on 13/06/2024
» Thailand's GDP growth rate could potentially reach 3% this year, contingent on the disbursement of the fiscal budget and the implementation of the digital wallet scheme this year, according to the central bank.
Central bank leaves key rate unchanged again
Published on 12/06/2024
» The Bank of Thailand left its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected, despite repeated calls by the government to lower borrowing costs to help revive the economy.
Finance Ministry wants rate cut at central bank meeting
Reuters, Published on 11/06/2024
» The government wants to see an interest rate cut at Wednesday's central bank policy review to help the economy as the current level is "too high", a deputy finance minister said on Tuesday.
Bank of Thailand likely to maintain interest rates
Business, Nareerat Wiriyapong, Published on 11/06/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) is likely to keep the policy interest rate unchanged at 2.5% at its meeting on Wednesday as May inflation rose sharply, coupled with the expectation of a similar move by the US Federal Reserve this week.
Asian shares advance on rate-cut optimism
Business, Published on 08/06/2024
» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.