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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Passengers attempt to observe social distancing as a preventive measure against the spread of the COVID-19 novel coronavirus as they ride in a BTS commuter train during rush hour in Bangkok (Photo by Mladen ANTONOV / AFP)

Thailand tourism to contract by 1.69 trillion baht this year – Kasikorn Research

The Thai tourism sector is forecast to suffer a revenue reduction, estimated at 1.69 trillion baht this year, due to the COVID-10 pandemic and the weak purchasing power of tourists,…

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