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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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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.
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Hana picked to benefit from government's chip push
Business, Published on 01/04/2024
» Hana Microelectronics Plc and national oil and gas conglomerate PTT Plc stand to gain from the Thai government's attempt to attract more foreign investment to produce advanced semiconductors, which could prove to be a milestone for Thailand, says a local brokerage.
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Bank of Thailand to weigh recalibrating neutral stance in April
Published on 22/03/2024
» Thailand’s monetary policymakers will weigh the need to adjust the central bank’s neutral interest-rate stance at its meeting next month after reviewing any structural drags on economic growth, Bank of Thailand Assistant Governor Piti Disyatat said.
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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.
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Looking for a place to hang your hat
Business, Kanana Katharangsiporn, Published on 09/12/2023
» Rental residential developer Homa is planning to spend 10 billion baht to build or acquire 5,000 rental units in Thailand, Indonesia, Vietnam and the Philippines over the next five years to capitalise on the trend among younger generations of consumers who prefer renting to owning a property.
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Beer demand suffering as price hikes take toll - brewer
Bloomberg News, Published on 25/10/2023
» AMSTERDAM - Heineken NV said it is on track to hit its profit target this year, even as higher prices and economic uncertainty led drinkers in many parts of the world to pull back on premium beverage purchases.
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Ad spending in 2023 to grow by only 2.5%
Business, Suchit Leesa-nguansuk, Published on 30/08/2023
» Media spending in 2023 is expected to grow by only 2.5%, lower than the previous forecast of 5% growth, as advertisers tighten their budgets amid lower consumer purchasing power, according to leading creative agency Media Intelligence.
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Thailand feels the force of cyber-attacks
Business, Suchit Leesa-nguansuk, Published on 01/08/2023
» The average number of cyber-attacks on organisations in Thailand was almost double the average rate globally and slightly higher than the average within Southeast Asia over the past six months, according to Check Point Research.
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