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Search Result for “Ranong”

Showing 1 - 9 of 9

BUSINESS

Thai central bank governor candidate defends his independence

Bloomberg News, Published on 09/07/2025

» One of two finalists to run the Bank of Thailand (BoT) defended himself against accusations by a former governor that he would not be able to make independent decisions because of his ties to a state-run lender.

BUSINESS

Trump tariffs won’t yet force rate cut, says Bank of Thailand

Bloomberg News, Published on 04/03/2025

» Thailand's central bank defended its monetary policy stance as "robust" enough to withstand volatility from United States President Donald Trump's latest tariffs on trading partners, signalling that it may refrain from further easing after last week’s surprise cut.

BUSINESS

Thailand readies more fiscal support to sustain growth momentum

Bloomberg News, Published on 15/11/2024

» The government is working on a raft of fresh fiscal measures to sustain an economic recovery, foster new foreign investment and lower the near-record household debt, Prime Minister Paetongtarn Shinawatra's top aide said on Friday.

BUSINESS

Baht lags behind peers on concerns over central bank autonomy

Bloomberg News, Published on 12/11/2024

» Thailand's currency fell by the most among Asian peers on investor concerns that the independence of the nation's central bank is being further eroded.

BUSINESS

Inflation stays below central bank target for fifth month

Bloomberg News, Published on 06/11/2024

» Thailand's inflation stayed below the central bank’s target for a fifth straight month, building pressure on the monetary authority to continue with rate cuts to boost price gains and the economy.

BUSINESS

Finance Ministry calls for weaker baht, wants 2024 rate cut

Bloomberg News, Published on 09/10/2024

» The Ministry of Finance ratcheted up pressure on the Bank of Thailand (BoT) to cut interest rates to boost the economy and weaken the baht, just a day after an influential former governor warned against government meddling in the central bank.

BUSINESS

Ex-banker warns against central bank meddling

Bloomberg News, Published on 08/10/2024

» The government's attempts to influence the appointment of a new central bank chairman could lead to "disastrous consequences" for Southeast Asia's second-largest economy, according to a former Bank of Thailand (BoT) governor.

BUSINESS

Bank of Thailand stresses independence

Bloomberg News, Published on 20/09/2024

» Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on Friday stressed the need for central bank independence in setting monetary policy amid a lengthy disagreement with the government over whether or not interest rates should be cut to support the economy.

BUSINESS

Government seeks tighter grip on central bank after clash

Bloomberg News, Published on 05/06/2024

» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.