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GENERAL

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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GENERAL

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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INVESTMENT

A tale of two havens

Business, Published on 24/04/2024

» The substantial outperformance of US equities versus US Treasuries over the first quarter of 2024 has left many multi-asset managers and investors asking: what’s next?

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GENERAL

ASPS sees interest rate cut in June

Business, Nareerat Wiriyapong, Published on 24/04/2024

» The Bank of Thailand is expected to cut interest rates only once this year, at its June meeting, propping up the Stock Exchange of Thailand (SET) index from a low of about 1,350 points at present to a high of 1,450 points this quarter, according to Asia Plus Securities (ASPS).

OPINION

It's getting too hot to vote in India

News, David Fickling, Published on 24/04/2024

» How do you run a democracy when the mercury rises above 40 degrees Celsius? That's the problem faced by voters in India. A swath of the country's east is sweltering under a heatwave. The city centre of Kolkata has emptied out, schools have cancelled classes, and one TV presenter collapsed on air with heat stroke.

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GENERAL

UiPath looks to AI automation

Business, Suchit Leesa-nguansuk, Published on 24/04/2024

» UiPath, a US-based enterprise automation and software company, is shifting from robotic process automation to become an artificial intelligence (AI) automation platform to help businesses innovate and be more productive.

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THAILAND

"FIREBRIGHT, the Front runner of Electric Vehicle Swapping, Shines at Bangkok International Motor Show

Published on 23/04/2024

» The highly anticipated 45th Bangkok International Motor Show (Motor Show 2024) was held with great success at the IMPACT Muang Thong Thani Exhibition Center in Bangkok from March 27 to April 7, 2024!

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GENERAL

Power demand hits record amid heat wave

Yuthana Praiwan, Published on 23/04/2024

» Electricity demand surged to a new high of 35,830 megawatts at 8.58pm on Monday when temperatures nationwide averaged 35-38C, with a peak temperature of 42C recorded the same day, say energy officials.

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THAILAND

Motiva® Debuts "JOY" Implant Innovation in Thailand

Published on 23/04/2024

» Motiva®, the global leader in silicone gel-filled implants for breast aesthetics and reconstruction, is delighted to announce the official launch of "JOY by Motiva®," the latest innovation in silicone breast augmentation now available in Thailand. This groundbreaking implant, known as "SuperSilicones®," offers an unparalleled combination of softness, flexibility, and natural adaptability, which closely resemble real breast tissue. It is designed to meet the evolving needs of modern women seeking an elevated breast augmentation experience to enhance their confidence and overall well-being.

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GENERAL

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.