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 MoreCabinet nod for 1-3% headline inflation target for 2026
THE Cabinet today (Dec. 30) approved a monetary policy target setting headline inflation rate of 1-3 percent for 2026 as proposed by Finance Minister Ekniti Nitithanprapas, PPTVHD36 said. Mr. Siripong Angkasakulkiat, the Prime Minister’s spokesperson, said the inflation rate in the coming period could be highly uncertain due to global economic growth and energy […]
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 MoreThaksin: Govt opening door for using Bitcoin in Phuket
DE FACTO Pheu Thai boss Thaksin Shinawatra said at dinner talk last night (Jan. 13) that the government is moving to allow payment by Bitcoin in Phuket with recipients not at any risk at all as this is another currency in the world, Naewna newspaper said. At the dinner talk held at Dusit Thani […]
Read MoreCentral bank unexpectedly cuts key rate by 25 bps
By Reuters and published by CNA THAILAND’S central bank unexpectedly cut its key interest rate at a policy review today (Oct. 16), a move long called for by the government as needed to revive a sluggish economy with inflation below target. The central bank’s move follows five consecutive meetings where it held rates steady […]
Read MoreExclusive-Thai central bank chief, finance minister to meet over inflation target as govt eyes rate cut
By Reuters and published by CNA THAILAND’S central bank chief and finance minister will meet in early September to open negotiations on an inflation target for 2025, a senior official said, as the government seeks a new goal with an eye on a rate cut that it has pushed for months. The government has […]
Read MoreSrettha trying to set power rate at 4.10 baht a unit
PRIME MINISTER-cum-Finance Minister Srettha Thavisin said this afternoon (Dec. 7) that talks are being held to set electricity rate at 4.10 baht per unit during January-April 2024 after Energy Regulatory Commission (ERC) proposed hiking it to 4.68 baht a unit, Naewna newspaper said. Addressing this issue during a lecture on the “Future of Thai […]
Read MoreMinistry promotes childbearing as births plunge
PUBLIC Health Minister Chonlanan Srikaew said as the shrinking birth rate has reached a critical level promotion of childbirth is now a “national agenda” with the government to be the main investor in human resource development, Amarin TV said this evening (Oct. 30). The important issues in promoting childbearing are balancing work and taking […]
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