Fiscal Policy Office cuts policy rate to 1.25% to boost declining economy

The Fiscal Policy Office of the Bank of Thailand voted 5:2 on Tuesday to slash the benchmark policy rate by 25 points to 1.25% with immediate effect in a bid…

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‘Tailor made’ welfare system may replace ‘one size fits all’

Thailand’s Finance Ministry is considering an overhaul of the current ‘one size fits all’ state welfare system, replacing it with a more tailor made version which is more efficient in…

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