Showing 1 - 10 of 293
Central bank rate decision puts spat with PM in spotlight
Bloomberg News, Published on 09/04/2024
» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.
Thai stock exodus deepens amid corporate woes
Bloomberg News, Published on 27/03/2024
» A market revival for Thailand just is not coming.
Move Forward slams Srettha for public feud with central bank
Bloomberg News, Published on 23/02/2024
» The public sparring between Prime Minister Srettha Thavisin and Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on monetary policy risks undermining the institution's independence and poses a threat to credit ratings, according to the opposition Move Forward Party (MFP).
Central bank 'open' to easing if economic weakness drags
Bloomberg News, Published on 09/02/2024
» A top Thai monetary policymaker said the Bank of Thailand (BoT) is willing to lower borrowing costs if it is convinced that the weakness in the economy is persistent and not transitory.
Central bank seen resisting rate-cut pressure
Bloomberg News, Published on 07/02/2024
» The Bank of Thailand (BoT) will probably keep its benchmark rate steady at more than a decade-high on Wednesday, resisting political pressure for a cut as the monetary authority is wary of lowering borrowing costs too soon.
Central banks buying more gold than previously thought
Bloomberg News, Published on 31/10/2023
» NEW YORK - Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that have faced pressure from global monetary tightening.
Thailand needs tighter fiscal stance - central banker
Bloomberg News, Published on 25/08/2023
» The Bank of Thailand (BoT) wants the new government led by Srettha Thavisin of the Pheu Thai Party to pursue fiscal consolidation in tandem with monetary policy to avoid fuelling inflation in the economy.
Thailand pushes yuan, ringgit use to curb baht volatility
Bloomberg News, Published on 08/08/2023
» Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb wild swings in the baht against the United States dollar, according to a central bank official.
JPMorgan expects more IPOs, takeovers as baht gains
Bloomberg News, Published on 24/01/2023
» The Thai baht rally will help reverse a slump in its market for initial public offerings and provide fire-power for overseas acquisitions by Thai companies, according to JPMorgan Chase & Co.
Food inflation fears send rice exports to 4-year high
Bloomberg News, Published on 21/12/2022
» Thailand, the world’s biggest rice exporter after India, is on track to ship the highest volume in four years as importing countries boost purchases to replenish stockpiles and keep a lid on food inflation.