KBank sees weaker baht on Fed rate hikes Kasikornbank (KBank) forecasts the baht will weaken more than previously projected because of the US Federal Reserve's hawkish rate hikes. Bangkok Post · Jul 21, 2022
Easier terms eyed for loan guarantees The Finance Ministry and the Bank of Thailand are considering looser terms for loan guarantees for the central bank's soft loan scheme, aiming for easier access for small and medium-sized enterprises (SMEs), says a ministry source who requested anonymity. Bangkok Post · Jul 17, 2022
China slump and Fed on investors' minds Recap: Asian shares were mixed yesterday as investors grew more concerned over the economic downturn after data showed a sharp second-quarter slowdown in China. However, some investors welcomed comments from two US Federal Reserve governors who said an overly aggressive interest-rate increase was probably not needed. Bangkok Post · Jul 15, 2022
Central bank: No plan for urgent rate meeting The Bank of Thailand said on Thursday it had no need to hold an urgent interest rate meeting, despite surprise tightening moves by other central banks. Bangkok Post · Jul 14, 2022
BoT can't afford to hold interest rates Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions. Bangkok Post · Jul 13, 2022
Baht in spotlight after hitting 7-year low The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year. Bangkok Post · Jul 12, 2022
BoT: Tourist arrivals may rise to 8m Foreign tourist arrivals could reach 8 million this year after recording higher numbers over the past few months, says the governor of the Bank of Thailand. Bangkok Post · Jul 11, 2022
Motion to extend property support measures Finance Minister Arkhom Termpittayapaisith has signalled the possible extension of the property support measures to help spur the recovery of the sector. Bangkok Post · Jul 11, 2022
BoT chief: Rate hikes to be gradual, baht to move with markets Thailand will only gradually increase interest rates to tackle rising inflation and ensure an uninterrupted economic recovery, while the central bank will let the baht move in line with market forces, Bank of Thailand Governor Sethaput Suthiwartnarueput said on Monday. Bangkok Post · Jul 11, 2022
Ministry upbeat on baht rebound The Finance Ministry expects the baht's value to rebound in the second half this year, in line with the anticipated narrowing of the current account deficit, says a ministry source who requested anonymity. Bangkok Post · Jul 9, 2022
Central bank to let baht move with market forces The Bank of Thailand (BoT) said on Friday it would let the baht move in line with market forces, but would take action if there was excessive volatility in the currency. Bangkok Post · Jul 8, 2022
Industry cowers as baht dips again The Federation of Thai Industries (FTI) has warned against further currency depreciation to 37 baht against the US dollar, claiming it would make life more miserable for businesses and households because of higher oil prices. Bangkok Post · Jul 7, 2022
Illuminating Khon Kaen Thanks to the network of roads connecting the city's transit system, the illustrious neighbourhood of Srichan has remained Khon Kaen's vibrant commercial district and entertainment hub serving mouth-watering street food destination for more than five decades. It is linked with Na Muang and Klang Muang roads, home to the historical… Bangkok Post · Jul 6, 2022
Inflation close to hitting 14-year high Price pressures will persist into the third quarter, the Commerce Ministry has admitted, after the country's headline inflation rate hit a near-14-year high in June. Bangkok Post · Jul 5, 2022
Bangkok Post · Jul 4, 2022 GH Bank promises only small increases in mortgage rates Interest rates on mortgages are expected to rise this year but will not surge to the levels they reached during the 1990s real estate boom, said Government Housing Bank (GH Bank) president Chatchai Sirilai.
Bangkok Post · Jun 30, 2022 BoT demonstrates economic gains despite inflation spike Thailand's economy has continued to rebound, reflected by better signals in the May economic data, despite a sharp spike in the inflation rate, according to the Bank of Thailand.
Bangkok Post · Jun 27, 2022 BoT predicts global recession evaded The Bank of Thailand estimates the global economy will slow down next year, but not dip into recession amid attempts by central banks worldwide to contain higher inflation rates.
Bangkok Post · Jun 26, 2022 SME D Bank aims to boost small firms' access to loans The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) has teamed up with partners to help SMEs access loans, says bank president Nartnaree Rathapat.
Bangkok Post · Jun 24, 2022 KBank foresees weaker baht over next 2 months Kasikornbank (KBank) expects the baht to bottom out in the next two months, depending mainly on the US Federal Reserve's benchmark interest rate hike.
Bangkok Post · Jun 21, 2022 Arkhom recommends gradual rate hikes Finance Minister Arkhom Termpittayapaisith asked the Bank of Thailand to discuss with commercial banks whether they can raise their interest rates on a gradual basis in the event the central bank decides to raise its policy rate.
Bangkok Post · Jun 17, 2022 BoT: No need for special rate meeting The Bank of Thailand says six annual interest rate meetings are sufficient for obtaining information for considering monetary policy, in a response to market speculation about an urgent meeting about an interest-rate increase.
Bangkok Post · Jun 16, 2022 SET plunges as Fed hikes rates hard The Thai stock market fell on Thursday, after the United States Nasdaq futures market tumbled more than 2% on concerns over the economic impacts of aggressive rate hikes from the Federal Reserve.
Bangkok Post · Jun 15, 2022 How far should interest rate hikes go? No doubt remains as to whether the Bank of Thailand will raise interest rates. The bank's governor has made it clear they must be raised to deter rising inflation, and that this must be done in a timely manner. Analysts have taken his speech as indicating a 25bp hike will…
Bangkok Post · Jun 15, 2022 Govt at odds with Bank of Thailand over raising rates Government leaders are publicly making a case for keeping interest rates lower for longer, a call that is putting them at odds with the nation’s monetary policy makers who are keen to raise borrowing costs sooner to keep inflation from overheating.
Bangkok Post · Jun 13, 2022 BoT hints at rate hike Increasing the policy interest rate should not happen too late because inflation continues to rise, says Bank of Thailand governor Sethaput Suthiwartnarueput.