key to future growth are the digital economy and sustainability, Bank of Thailand Governor Sethaput

— Reuters....

BANGKOK: Thailand's interest rate levels are appropriate for the current situation and are neutral, the World Bank said on Wednesday at an event in Bangkok. The Southeast Asian country faces temporary disinflation, but no deflation, World Bank Senior Economist for Thailand Kiatipong Ariyapruchya told reporters, adding it was normal for the central bank to have different views from the government. His comments come as Prime Minister Srettha Thavisin has for months repeatedly urged the Bank of Tha

BANGKOK: Thailand's headline consumer price index dropped for the fifth straight month in February, and the commerce ministry said prices could fall through April due mainly to energy subsidies. The headline consumer price index( CPI) in February fell 0.77% from a year earlier, compared with a forecast drop of 0.8% in a Reuters poll, and against the central bank's target range of 1% to 3%. The decline was driven by government energy subsidies and lower food prices, Director of Trade Policy and S

BANGKOK: Thailand's central bank raised its key interest rate for a seventh straight meeting on Wednesday as inflationary risks linger and the economy continues to grow despite rising global risks and post-election political uncertainty at home. The Bank of Thailand's( BOT) monetary policy committee voted unanimously to raise the one-day repurchase rate by 25 basis points( bps) to 2.25%, as expected by 18 of 22 economists polled by Reuters.In a statement, the BOT said headline inflation is expec

BANGKOK: Thailand's central bank raised its key interest rate for a seventh straight meeting on Wednesday as inflationary risks linger and the economy continues to grow despite rising global risks and post-election political uncertainty at home. The Bank of Thailand's( BOT) monetary policy committee voted unanimously to raise the one-day repurchase rate by 25 basis points( bps) to 2.25%, as expected by 18 of 22 economists polled by Reuters.In a statement, the BOT said headline inflation is expec

BANGKOK: Thailand's central bank raised its key interest rate for a seventh straight meeting on Wednesday as inflationary risks linger and the economy continues to grow despite rising global risks and post-election political uncertainty at home. The Bank of Thailand's( BOT) monetary policy committee voted unanimously to raise the one-day repurchase rate by 25 basis points( bps) to 2.25%, as expected by 18 of 22 economists polled by Reuters.In a statement, the BOT said headline inflation is expec

BANGKOK: Thailand's central bank raised its key interest rate for a seventh straight meeting on Wednesday as inflationary risks linger and the economy continues to grow despite rising global risks and post-election political uncertainty at home. The Bank of Thailand's( BOT) monetary policy committee voted unanimously to raise the one-day repurchase rate by 25 basis points( bps) to 2.25%, as expected by 18 of 22 economists polled by Reuters.In a statement, the BOT said headline inflation is expec

It’s already helped prompt interest-rate hikes in Mexico, Brazil and Hungary in June.To be sure, the Fed has tried to be more transparent and signal its plans clearly.... In contrast, declines in Asian emerging currencies range from 0.7% in the Taiwan dollar to 3% in the Thai baht.“ Any flow that is happening right now is still chasing the recovery, ” said Paul Sandhu, head of multi-asset quant solutions Asia Pacific at BNP Paribas Asset Management.... Many of the continent’s economies – not j