Showing 81 - 90 of 492
Pace of rate rises will be gradual - Bank of Thailand
Reuters, Published on 24/08/2022
» The Bank of Thailand (BoT) will raise interest rates gradually to ensure a smooth take-off as it fights inflation, its governor said on Wednesday.
Bank of Thailand sees no surge in bad loans after policy rate hike
Reuters, Published on 16/08/2022
» The Bank of Thailand (BoT) on Tuesday it expected no surge in bad loans despite a hike in the benchmark interest rate and urged banks to gradually adjust their rates to help vulnerable groups.
GDP notches fastest growth in a year on eased pandemic curbs
Reuters, Published on 15/08/2022
» Thailand's economy expanded at the fastest pace in a year in the second quarter as eased Covid-19 restrictions boosted activity and tourism, but multi-year high inflation and China's slowdown remain a drag on the nascent recovery.
Thai consumer mood at 5-month high in July
Reuters, Published on 11/08/2022
» Consumer confidence rose for a second straight month in July, reaching a five-month high, boosted by improved economic activity following an easing of Covid-19 curbs, but high cost of living remained a concern, a survey showed on Thursday.
Banks asked to freeze rates - finance minister
Reuters, Published on 10/08/2022
» Commercial banks should not rush to raise their interest rates even though the Bank of Thailand (BOT) will tighten monetary policy, Finance Minister Arkhom Termpittayapaisith said on Wednesday.
Finance Ministry keeps 2022 growth outlook at 3.5%, sees 4% in 2023
Reuters, Published on 26/07/2022
» The Finance Ministry on Tuesday said it sees economic growth of 4% next year, and maintained its 2022 growth forecast at 3.5%, underpinned by increased domestic consumption, tourism and exports, despite higher inflation.
Baht falls as BoT remains dovish, Asian stocks rise
Reuters, Published on 22/07/2022
» The baht extended losses on Friday after the country's central bank said inflation was under control and that future rate hikes would be strictly data-driven, bucking a firmer trend among regional currencies.
Thai stock investor mood at 11-month low on Fed, inflation
Reuters, Published on 14/07/2022
» Investor confidence in the Thai stock market has hit an 11-month low on concerns about the US Federal Reserve's fast monetary tightening policy, global inflation and Covid-19 infections, a capital markets group said on Thursday.
Crypto lender Celsius files for bankruptcy
Reuters, Published on 14/07/2022
» NEW YORK: US crypto lender Celsius Network said on Wednesday it has filed for bankruptcy, becoming the latest victim in the cryptocurrency sector to wilt under a dramatic plunge in prices.
Garuda Indonesia halves debt, on track for profit
Reuters, Published on 28/06/2022
» JAKARTA: Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations that have set the airline up for profitability, the Indonesian government said on Tuesday.