Showing 1 - 10 of 107
Household debt rises to 91.3% of GDP
Reuters, Published on 29/03/2024
» The ratio of household debt to gross domestic product in Thailand rose slightly to 91.3% at the end of 2023 from 91% in September, the Bank of Thailand said on Friday, as the economy slowed.
Oil prices gain after OPEC+ maintains output cuts
Reuters, Published on 02/02/2024
» SINGAPORE - Oil prices rose in early trade on Friday following a decision by OPEC+ to keep its oil output policy unchanged, clawing back some losses from the previous trading session triggered by unsubstantiated ceasefire reports between Israel and Hamas.
Finance Ministry plans to issue bonds overseas
Reuters, Published on 24/10/2023
» The Ministry of Finance plans to issue bonds overseas to create a benchmark for the private sector and to draw foreign investors' attention, a deputy minister of finance said on Tuesday.
Baht depreciates further; other Asian FX steady
Reuters, Published on 28/09/2023
» BENGALURU - Thailand's baht slumped to its lowest in more than 10 months on Thursday, hit by persistent worries over the country's fiscal outlook, while other Asian currencies steadied after recent losses against a rallying United States dollar.
Baht tumbles to 10-month low, hurt by high oil prices
Reuters, Published on 20/09/2023
» The baht fell to a 10-month low on Wednesday, while stocks and bonds also slid under foreign selling pressure, with investors worried that high oil prices and government spending plans would widen the country’s current account deficit.
Inflation up 0.88% in August
Reuters, Published on 05/09/2023
» The country’s headline consumer price index (CPI) rose 0.88% in August from a year earlier, quickening from a 0.38% year-on-year increase in the previous month, the Ministry of Commerce said on Tuesday.
Asian stocks hit 9-month lows
Reuters, Published on 17/08/2023
» SINGAPORE - Asian shares slid to nine-month lows on Thursday, while the dollar was at two-month peak as fears over China's sluggish economic recovery and concerns that the Federal Reserve may still raise interest rates rattled investors.
Bank of Thailand to hike rates by 25 bps on Aug 2
Reuters, Published on 27/07/2023
» BENGALURU: The Bank of Thailand (BoT) will deliver a final 25-basis-point interest rate increase on Aug 2 and then hold rates steady until 2025 as the inflation outlook remains high and uncertain, a poll found.
Central bank to continue gradual monetary tightening
Reuters, Published on 12/04/2023
» The Bank of Thailand's (BoT) Monetary Policy Committee (MPC) said it would continue its approach of gradual and measured policy normalisation as it hiked the key interest rate last month, minutes of the meeting showed 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.