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Search Result for “Somchai Jitsuchon and Sumet Ongkittikul”

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BUSINESS

BoT slashes rate in surprise move to support economy

Business, Somruedi Banchongduang and Nareerat Wiriyapong, Published on 26/02/2026

» The Bank of Thailand believes the cycle of policy rate cuts has ended, with Wednesday's reduction deemed sufficient to support the Thai economy.

BUSINESS

Retailers call for more help than just spending stimulus

Business, Kuakul Mornkum, Published on 24/02/2026

» As the Bhumjaithai Party prepares to lead the next government, one significant campaign pledge was to revive the "Khon La Khrueng Plus" co-payment scheme. However, people in the wholesale and retail sectors view this initiative as a temporary fix rather than a long-term solution to the country's sluggish economy.

BUSINESS

Dead man walking

Business, Lamonphet Apisitniran, Somhatai Mosika and Nuntawun Polkuamdee, Published on 23/02/2026

» Being labelled the "sick man of Asia" has forced Thailand to reassess the long‑standing problems causing its "chronic economic illness".

BUSINESS

Trump's new Iran threats rattle markets

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 21/02/2026

» RECAP: Most Asian equities fell and oil prices rose yesterday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a "meaningful deal" in nuclear talks. The remarks put the brakes on a rebound in markets following an AI-fuelled sell-off earlier.

BUSINESS

Bank of Thailand to monitor KBank after Gulf purchase

Business, Somruedi Banchongduang, Published on 18/02/2026

» The Bank of Thailand is monitoring the increased shareholding in Kasikornbank (KBank) of 10% by Gulf Development Plc, saying KBank will be placed under intensified supervisory oversight.

BUSINESS

Economy has 'left ICU', says finance chief

Business, Wichit Chantanusornsiri, Nareerat Wiriyapong and Somhatai Mosika, Published on 17/02/2026

» Thailand's economy has now "left the intensive care unit [ICU]", reflected in fourth-quarter growth of 2.5%, which surpassed the earlier projection of 1.8% and lifted full-year 2025 growth to 2.4%, above the 2% forecast, said caretaker finance minister Ekniti Nitithanprapas.

BUSINESS

Rethinking the central bank's role

Business, Wichit Chantanusornsiri, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 16/02/2026

» With Thai economic growth this year expected to sink to its weakest level in a decade, excluding the pandemic shock, Bank of Thailand governor Vitai Ratanakorn recently signalled a possible shift in the central bank's role, seeking more active engagement with problems in the real economy.

BUSINESS

Asian shares retreat ahead of Lunar New Year break

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 14/02/2026

» RECAP: Asian equities pulled back from record highs on Friday as traders locked in gains and pared positions ahead of a week-long holiday in Chinese markets. Wall Street risk appetite ebbed as traders started to look at AI-related impacts on the broader economy.

BUSINESS

Election result to keep foreign funds flowing

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 13/02/2026

» Stock market analysts expect foreign funds to keep flowing into Thailand as the decisive general election outcome signals stronger political stability and reduces the risk of extreme populist policies, keeping fiscal discipline intact.

BUSINESS

$100m loan to help cut emissions at Thai industrial estates

Business, Lamonphet Apisitniran, Published on 12/02/2026

» The Industrial Estate Authority of Thailand (IEAT) has secured a $100-million loan from the World Bank to support projects to cut carbon dioxide emissions at industrial parks as well as trade carbon credits.