Thai central bank unexpectedly cuts policy rate amid tariff uncertainty
By Reuters and published by CNA THAILAND’S central bank unexpectedly cut its policy interest rate at a review on Wednesday (Feb. 25), as it seeks to further support an economy pressured by US tariff uncertainty and a strong baht. The Bank of Thailand’s monetary policy committee voted 4-2 to cut the one-day repurchase rate […]
Read MoreCyber Police cut illegal Internet links to foreign investors at Mae Sot
UPON being alerted by AIS 3BB FIBRE3 of likely illegal Internet use at Mae Sot, Tak province, with Myanmar’s Myawaddy border town just across Moei river, Cyber Police raided three suspicious commercial buildings where a criminal network was found and was immediately cut with investigation underway to catch those who set it up, Naewna […]
Read MoreDivided Fed lowers rates, signals pause and one 2026 cut as growth rebounds
By Reuters and published by CNA New York – The Federal Reserve cut interest rates on Wednesday (Dec. 10) in another divided vote, but signalled it will likely pause further reductions in borrowing costs as the US central bank looks for clearer signals about the direction of the job market and inflation that “remains […]
Read MoreUS Fed starts easing path, other major central banks on hold
By Reuters and published by Yahoo!Finance London –The US Federal Reserve has delivered its first rate cut since December, diverging from most other major central banks that have kept interest rates unchanged. The Bank of England kept rates steady on Thursday (Sep. 18) and the Bank of Japan is expected to follow on Friday, […]
Read MoreThai central bank cuts key rate by 25 bps, as expected
By Reuters and published by CNA THAILAND’S central bank lowered its key interest rate by a quarter point on Wednesday (Aug. 13), its fourth cut in 10 months as it looks to support a sluggish economy grappling with negative inflation and the impact of US tariffs. The Bank of Thailand’s monetary policy committee unanimously […]
Read MoreKK Park scam hub dark on 4th night of power cut
ON THE fourth night of Thailand cutting electricity, Internet and fuel supply from five points to Myanmar aimed at suppressing scammers holed up along the border the notorious scam centre KK Park in Myawaddy township, just across from Mae Sot town, is dark with only 20 to 30% of the lights switched on, TV […]
Read MoreAs Payathonzu people struggle in the dark, Chinese gangs enjoy all-night karaoke session
AS PEOPLE in Myanmar’s Payathonzu township, opposite Sangkhlaburi district of Kanchanaburi, struggle to live without electricity after Thailand cut off supply on Wednesday morning (Feb. 5) the Chinese gangs there used generators to run a karaoke at an entertainment venue singing happily all night long, Naewna newspaper and Amarin TV said today. Aside from […]
Read MorePayathonzu border town cloaked in darkness after power cut
AFTER Thailand shut off electricity, Internet and fuel supplies from five points to Myanmar yesterday (Feb. 5) the neighbouring country’s Payathonzu border town, opposite Sangkhla Buri district in Kanchanaburi, plunged into darkness , Naewna newspaper said today. This action was taken by the National Security Council because call centre scammers entrenched along the Myanmar […]
Read MoreTachiliek still brightly lit but scam centre dimmer
MYANMAR’S Tachileik town, opposite Mae Sai town in Chiang Rai province, remained brightly lit tonight (Feb. 5) having got electricity from Laos after Thailand cut off this supply plus Internet service and fuel deliveries from five points this morning (Feb. 5) in targeting scam centres that have proliferated along Myanmar side of the border, […]
Read MoreMyawaddy scammers conning victims as usual having prepared in advance
DESPITE Thailand having this morning (Feb. 5) cut electricity, Internet and fuel supply to Myanmar’s Myawaddy township, just across the border from Mae Sot district, workers at a flourishing scam hub are continuing to con their victims as usual because their criminal bosses have stocked up fuel and installed backup generators in advance, Naewna […]
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