Tags : Interest

News

Thailand’s Central Bank Cuts Policy Interest Rate to 1.5 %

BANGKOK, Aug 7 (TNA) – The Bank of Thailand (BOT) cuts its policy interest rate for the first time in more than four years, down from 1.75 to 1.5 percent. Members of the central bank’s Monetary Policy Committee (MPC) voted 5 to 2 to lower the interest rate at its meeting on Wednesday. Full story: […]Read More

Bangkok

Loan Shark Gang Apprehended in Nonthaburi

Thai police have apprehended a gang of loan sharks believed to have loaned a total of 10 million baht. The Consumer Protection Police Division arrested Witsanuwat Sitthiyuth and 12 accomplices are believed to be a part of an illegal loan-shark gang. Read more: TAN NetworkRead More

News

Thai central bank cuts key interest rate first time in

BANGKOK, Nov 30 – The Bank of Thailand on Wednesday cut policy interest rate by 0.25 per cent for the first time in two years to support economic restoration and investment after an impact of flooding on the Thai economy has widened and become more severe. At Wednesday’s meeting, the BoT’s Monetary Policy Committee (MPC) […]Read More

News

Bank of Thailand: Cutting key interest rate possible to stimulate

BANGKOK, Nov 18 – The Bank of Thailand (BoT) may consider cutting the key interest rate at its next meeting on Nov 30 to stimulate the post-flood economy if flood impacts on the economy worsen than expected, Dr Prasarn Trairatvorakul, the BoT governor said. The Nov 30 meeting will be this year’s last for the […]Read More

News

Bank of Thailand signaling interest rates hike

BANGKOK, 29 March 2011 (NNT) – The Bank of Thailand (BoT) would gradually increase interest rates in a bid to control the current inflation within the kingdom, according to BoT Governor Dr Prasarn Trairatvorakul. Dr Prasarn stated that the government in the last 1-2 years was very concerned over national economic recovery due to the […]Read More

News

Thai central bank raises policy interest rate 0.25% to curb

BANGKOK, March 9 – The Bank of Thailand (BoT) on Wednesday raised the policy interest rate by 0.25 per cent from 2.25 to 2.50 per cent, effective immediately, Paiboon Kittisrikangwan, BoT assistant governor said. The surge in oil and commodity prices has resulted in increased inflationary pressure, so the monetary policy committee (MPC) acted to […]Read More

News

Bank of Thailand Keeps Interest Rate at Five-Year Low

March 10 (Bloomberg) — Thailand kept its benchmark interest rate unchanged for a seventh meeting, refraining from following neighbor Malaysia in raising borrowing costs as political protests threaten the nation’s economic recovery. The government plans to invoke the Internal Security Act to control anti-government protests this weekend, amid concerns political unrest will hurt an economy […]Read More