Edition:
United Kingdom

Orathai Sriring

UPDATE 1-Thai c.bank eases housing loan rules to help home buyers

20 Jan 2020

* Allows buyers of 1st homes to borrow more, make less downpayment

World Bank cuts Thailand 2020 GDP growth outlook to 2.7%

17 Jan 2020

BANGKOK The World Bank on Friday cut its estimate for Thailand's economic growth to 2.7% this year, but that is faster than last year's pace as private consumption recovers and investment increases due to the launch of large infrastructure projects.

Thai central bank says ready to curb resilient baht if needed

14 Jan 2020

BANGKOK Thailand's central bank is still concerned about the strength of the baht <THB=TH> and is ready to take further action if necessary, a deputy central bank governor said on Tuesday.

Thai parliament passes delayed 2020 budget bill to revive economy

11 Jan 2020

BANGKOK Thailand's parliament on Saturday passed a delayed draft budget bill for the 2020 fiscal year aimed at boosting Southeast Asia's second-largest economy, which is growing at its slowest pace in years.

UPDATE 1-Thai central bank says monitoring baht gains closely

02 Jan 2020

* C.bank worried about baht, to consider steps as needed - minutes

Thailand holds key rate, cuts economic forecasts as exports stumble

18 Dec 2019

BANGKOK Thailand's central bank left its benchmark interest rate unchanged at a record low on Wednesday, while it cut its growth forecasts for this year and next as exports take a hit from the Sino-U.S. trade war and a strong baht.

Thai third-quarter GDP growth to slow further as export downturn deepens: Reuters Poll

15 Nov 2019

BANGKOK Thailand's economic growth likely slowed in July-September from the previous quarter, a Reuters poll showed on Friday, as exports and manufacturing remained weak amid global trade tensions while domestic demand was sluggish.

Thai central bank to lower growth outlook, still has scope to support economy

13 Nov 2019

BANGKOK Thailand's central bank will lower its economic growth forecasts for this year and next, a deputy governor said on Wednesday, and still has monetary policy space for action to support the economy despite cutting its key interest rate to a record low.

Gold a new headache for Thai central bank as baht surges

11 Oct 2019

BANGKOK After surging gold shipments helped push Thailand's baht to a 6-year-high, dealers in the yellow metal voiced doubt on Friday at the central bank's hopes of getting them to bring back their export proceeds more slowly.

Thai central bank says not in recession, plans steps to curb strong baht

10 Oct 2019

BANGKOK Thailand is not in recession but growing below potential and the central bank is ready to take action if needed, while there are also plans for further measures to curb the baht's strength, central bank and government officials said on Thursday.

World News