Showing 1-10 of 465 results
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Keeping rate steady creates policy optionality - central bank
Reuters, Published on 24/04/2024
» Thailand's current policy interest rate settings were robust and can handle future risks to the economy, the central bank said on Wednesday, amid continued pressure from the government to lower borrowing costs and help jumpstart sluggish growth.
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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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Central bank's independence must not overlook people's suffering: PM
Reuters, Published on 11/04/2024
» Prime Minister Srettha Thavisin said on Thursday that an interest rate cut by the Bank of Thailand (BoT) would have been good for the Thai economy, in response to the bank’s decision to hold interest rates steady.
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Bank of Thailand holds key rate at 2.50%
Reuters, Published on 10/04/2024
» Thailand's central bank left its key interest rate unchanged for a third straight meeting on Wednesday, as widely expected, resisting government pressure to lower borrowing costs to help revive Southeast Asia's second-largest economy.
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Digital wallet scheme coming in Q4, says Srettha
Reuters, Published on 10/04/2024
» The government's 500 billion baht (US$13.75 billion) digital wallet handout scheme will be rolled out in the fourth quarter of this year, Prime Minister Srettha Thavisin said on Wednesday.
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Dollar firm after Fed comments; yen under close watch
Reuters, Published on 28/03/2024
» TOKYO: The U.S. dollar received a boost against major currency peers on Thursday, as a Federal Reserve official said he wasn't in a hurry to cut rates amid sticky inflation, and as traders braced for key economic data.
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Inflation slowing, seen at 1% this year
Reuters, Published on 22/03/2024
» The Finance Ministry hopes to see monetary policy easing soon, a senior official said on Friday, adding that inflation was slowing and was expected to be at 1% for the year, bottom of the 1% to 3% target range.
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Govt forges ahead with 'digital wallet' handout scheme
Reuters, Published on 20/03/2024
» The government is forging ahead with a 500-billion-baht (US$13.8-billion) handout scheme and may still need to borrow to finance it, a deputy finance minister said on Wednesday.
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Vietnam seeks death for tycoon in $12bn fraud case
Reuters, Published on 19/03/2024
» HANOI - Vietnamese prosecutors called on Tuesday for the death penalty to be handed to Truong My Lan, the mastermind of the Southeast Asian nation's largest financial fraud on record, state media said.
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Michelin plans to invest 300 million euros in Thailand
Reuters, Published on 08/03/2024
» The government said on Friday French tyre maker Michelin planned to invest 300 million euros (11.63 billion baht) in Thailand over the next three years to increase production capacity.
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