KBank Remains Committed to Its Customers
Despite facing numerous challenges, Kasikornbank (KBank), the third-largest financial institution in Thailand by total assets, is dedicated to helping vulnerable customers manage their debt throughout the duration of their loans.…
BoT Monitoring the Strengthening Baht
The Bank of Thailand (BoT) has reaffirmed its commitment to managing the appreciation of the baht against the US dollar to mitigate its effects on the real economy. Pimpan Charoenkwan,…
Thai Exports Surge 7% in August, Surpassing Expectations.
Thailand’s exports increased for the second consecutive month in August, the Ministry of Commerce reported on Wednesday, while maintaining its forecast of 1-2% growth for the year, despite the baht…
As Baht Strengthens, Thai Interest Rates Set for Potential Cut.
The rapid rise of the baht may lead the Bank of Thailand to reduce interest rates as soon as its meeting in mid-October, according to analysts, who believe that continued…
OPEC+ Postpones Production Increase After Oil Prices Decline.
The average price of ICE Brent crude oil during the third quarter of 2024 (from July 1 to September 9) was $80.4 per barrel, a decrease from $84.9 per barrel…
China seen as keeping Thai inflation low
Thailand’s inflation rate is currently not a significant concern, as the country is being affected by what the chairman of the state planning agency describes as “exported deflation” from China.…
Baht Reaches 19-Month Peak Against the US Dollar
The baht has surged to a 19-month high against the US dollar, boosted by a weakening dollar and profit-taking in gold. On Monday, the baht opened at 32.92 per dollar,…
Attention Fixated on the Baht
The future trajectory of the Thai baht for the remainder of the year is crucial for local industries, especially following the Federal Reserve’s anticipated interest rate cut last Wednesday, which…
Domestic Factors Influencing Policy Rate Decisions
The Bank of Thailand is primarily concentrating on domestic factors when contemplating changes to its policy rate, rather than reacting to the recent rate cut by the US Federal Reserve,…
Factors Within the Country Influencing Policy Rate Decisions
The Bank of Thailand is prioritizing domestic factors in its considerations for policy rate adjustments, rather than reacting to the recent rate cut by the US Federal Reserve, as stated…