Thai central bank raises policy rate by 25 basis points

The Bank of Thailand’s monetary policy committee unanimously voted to raise the policy rate by 25 basis points, to 2.5%, with immediate effect today (Wednesday). According to Piti Disyatat, secretary…

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Thai central bank increases key interest rate to 1.50%

The Bank of Thailand’s Monetary Policy Committee agreed unanimously on Wednesday to raise the key interest rate by 25 basis points, to 1.50%, with immediate effect. The central bank said…

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Central bank raises key interest rate to 1.25% with immediate effect

The Bank of Thailand’s Monetary Policy Committee decided unanimously today (Wednesday) to raise the key interest rate, with immediate effect, by 0.25% to 1.25%. Piti Disyatat, spokesman for the committee,…

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Central bank increases key interest rate to 1.00 percent effective Wednesday

The Bank of Thailand’s Monetary Policy Committee (MPC) has unanimously voted to increase the key interest rate by 0.25%, to 1.00%, with immediate effect. The central bank said, in a…

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How the US rate hike impacts the baht and Thailand’s economy

The US is the world’s largest economy and the US dollar is widely used worldwide, as a result, the actions and decisions of the US Federal Reserve (Fed) have a…

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Thailand’s trade deficit for June amounts to 40 billion baht as currency weakens

Thailand’s trade deficit for the month of June was over 40 billion baht, partly due to a 19% increase in the value of imports, especially energy. The figure includes a…

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Bangkok City Hall halves market rents, cuts pawn shop interest rates

The Bangkok Metropolitan Administration (BMA) has decided to halve the rental fees charged to vendors who rent space in its 12 markets from July to the end of September, according…

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Education ministry takes steps to address teacher debt problem

The Ministry of Education has been working with teacher’s savings cooperatives and other officials across the country to resolve hefty debts, totalling about 1.4 trillion baht, incurred by about 900,000…

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