Central Bank Chief Signals Interest Rates Likely to Remain Unchanged
The Bank of Thailand is expected to keep its policy interest rate unchanged at 1.00%, as economic growth this year is projected at between 1.3% and 1.7%, Governor Vitai Ratanakorn…
Oil prices tumble as stocks rally following Trump’s agreement on a two-week ceasefire
Photo Credit: Reuters Oil prices plunged, bonds rallied and global equities surged on Wednesday after a two-week ceasefire in the Middle East triggered a wave of relief across financial markets,…
Government targets B40bn through infrastructure fund initiatives
Photo Credit: Bangkok Post Several state-owned enterprises (SOEs) are expected to raise a combined 40 billion baht through infrastructure funds, easing pressure on government finances as these liabilities are not…
Finance Minister Signals Imminent Fuel Price Relief
Photo Credit: Thai Oil The Thai government is preparing to reduce domestic fuel prices by reassessing what it considers “unnecessary” cost components within the national pricing structure. Finance Minister Ekniti…
Banks boost reserves to cushion impact of war
Thai banks are stepping up loan-loss provisions as they brace for the potential fallout from a prolonged conflict in the Middle East, while also preparing to assist a growing number…
SME Loan Access Set to Improve
The government has introduced a new scheme to improve access to financing for small and medium-sized enterprises (SMEs) seeking to purchase commercial pickup trucks, targeting transport operators, farmers and freelancers.…
Bangchak, OR Restart B20 Sales to Cut Fuel Costs
Photo credit: Bangkok Post Two SET-listed energy companies, Bangchak Corporation and PTT Oil and Retail Business (OR), have resumed commercial sales of B20 biodiesel after nearly four years, supporting Thailand’s…
Thai Fuel Prices Surge by Six Baht per Litre
Retail petrol and diesel prices in Thailand jumped by six baht per litre on Thursday morning after the government ended its costly subsidy programme. The decision, announced late Wednesday by…
Baht Expected to Weaken Further as Middle East Conflict Intensifies
The Thai baht is projected to weaken further this week, potentially reaching 33.50 per US dollar, after touching a nine-month low of 33 earlier on Monday amid escalating tensions in…
Oil climbs as Trump’s Hormuz ultimatum and Iran threats rattle markets
Photo Credit: Getty Images Oil prices climbed in volatile trading on Monday as markets reacted to escalating tensions after President Donald Trump issued an ultimatum demanding Iran reopen the Strait…