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Banks to cut rates by 25 bps for 'vulnerable groups'
Reuters, Published on 25/04/2024
» Banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, the Thai bankers' association said on Thursday, responding to a government request to help small businesses.
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Car production down 23.1% y/y in March
Reuters, Published on 25/04/2024
» Car production in Thailand dropped 23.08% in March from a year earlier to 138,331 units, the Federation of Thai Industries said on Thursday.
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Central bank intervenes to steady baht
Reuters, Published on 24/04/2024
» The Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery.
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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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Asia is most climate disaster-impacted region
Reuters, Published on 23/04/2024
» GENEVA - Asia was the world's most disaster-hit region by climate related hazards last year, the United Nations' (UN) World Meteorological Organization (WMO) said, with floods and storms causing the highest number of casualties.
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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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China's Chery Automobile to set up Thai assembly plant
Reuters, Published on 22/04/2024
» China's Chery Automobile will set up a plant in Thailand that will make vehicles for both the domestic and export markets, with production slated to begin in 2025, the Board of Investment (BoI) said on Monday.
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Divers take on 'ghost gear' threatening marine life
Reuters, Published on 20/04/2024
» PHUKET - Beneath the surface of the turquoise waters off a beach on this southern resort island, divers laboriously collect abandoned fishing gear, much of it made from plastic, that is tangled on coral and trapping sea life.
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Fragile unity pushes Myanmar junta to the brink
Reuters, Published on 18/04/2024
» MYAWADDY - Myawaddy, a critical trading post in Myanmar that rebel forces seized from the ruling junta last week, offers a glimpse of dynamics playing out across the Southeast Asian country as its vaunted military reels from battlefield losses.
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Myanmar rebels 'repel' junta push to take back Myawaddy on Thai border
Reuters, Published on 15/04/2024
» TAK: A resistance group fighting Myanmar's military rule said on Sunday its fighters had repelled an attempt by junta troops to advance on the key town of Myawaddy along the Thai border that was seized by the rebels last week.
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