Rate Cut Aims to Enhance Foreign Investment in Thai Stocks
Photo Credit: Stock Photo Equity analysts expect the recent 25 basis point rate cut in Thailand to boost fund inflows and support the SET index, targeting 1,300 points by year-end.…
Bank of Thailand Reduces Interest Rates to Stimulate Struggling Economy
The Bank of Thailand announced a rate cut on Wednesday, aligning with widespread expectations, to bolster an economy facing multiple challenges, including political instability, a strengthening baht, and US trade…
Uncertainty Over Interest Rates Hits Asian Markets
Asian shares fell on Friday amid uncertainty over US interest rates, with investors selling risk assets despite Nvidia’s strong earnings. The Thai stock market declined 2.14% to its lowest since…
Experts anticipate additional interest rate reductions later this year
The Bank of Thailand (BoT) may have multiple opportunities to cut interest rates this year to support the economy, particularly if US tariffs on Thai goods remain less competitive compared…
Bank of Thailand Expected to Keep Interest Rates Unchanged
The Monetary Policy Committee (MPC) of the Bank of Thailand is expected to maintain the policy interest rate at 2.5% during its upcoming meeting, as reported on Wednesday. This decision…
SCB EIC predicts key interest rates cut for 2024
The Economic Intelligence Center (EIC) at Siam Commercial Bank (SCB) has predicted that the Bank of Thailand (BOT) will implement two interest rate cuts in the first half of this…
PM urges BOT to cut the interest rates
Thailand’s Prime Minister Srettha Thavisin has called on the central bank to consider reducing borrowing costs in order to support the country’s economy. This signal of disagreement between fiscal and…
US raises interest rates despite financial crisis
Despite worries that the move could worsen financial unrest following a succession of bank collapses, the US central bank has increased interest rates once again.
The Bank of Thailand will deliver another 25 basis-point rate hike on Wednesday
Modest rate hike comes even as inflation is at 14-year high. The Bank of Thailand will deliver another 25 basis-point rate hike on Wednesday, its second in a row, even…