Showing 1 - 5 of 5
Bank of Thailand holds key rate at 2.50%
Bloomberg, Reuters and Post Reporters, Published on 21/08/2024
» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.
Villa Market remains upbeat
Business, Kuakul Mornkum, Published on 21/08/2024
» The high level of household debt won't significantly impact Villa Market, according to Villa Market JP Co, the operator of the supermarket chain, as the company targets the high-income segment.
Five groups seek to establish virtual banks
Business, Somruedi Banchongduang, Published on 21/08/2024
» Five business groups are expected to apply for the Bank of Thailand's virtual bank licences, including both Thai and regional operators.
Analysts expect steady policy rate
Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 21/08/2024
» The Bank of Thailand is expected to keep the policy rate at a decade-high level of 2.5% at its meeting on Wednesday, though analysts see a higher likelihood of a rate cut this year given growing headwinds facing the Thai economy.
Hilton to expand in SE Asia
Business, Molpasorn Shoowong, Published on 21/08/2024
» Thailand and Vietnam are crucial destinations for Hilton hotels in Southeast Asia, as the company plans to double its size in the region over five years based on robust tourism and growing economies.