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Orathai Sriring

Thai central bank cuts key rate to record low to ease virus-led downturn

20 May 2020

BANGKOK Thailand's central bank cut its benchmark interest rate for the third time this year to a record low as it expects a bigger annual contraction in Southeast Asia's second largest economy due to the fallout from the coronavirus pandemic.

UPDATE 2-Thai c.bank cuts key rate to record low to ease virus-led downturn

20 May 2020

* Committee votes 4-3 to cut rate by 25 bps to record low 0.50%

Thai central bank seen cutting key rate to help economy in recession

18 May 2020

BANGKOK Thailand's central bank is widely expected to cut its benchmark interest rate to a new low at its policy review on Wednesday to cushion the economy from the impact of the coronavirus outbreak.

Thai economy slips into recession after worst quarter in eight years

18 May 2020

BANGKOK Thailand's economy contracted at its sharpest pace in eight years in the first quarter, pushing Southeast Asia's second largest economy into recession sooner than expected, as the coronavirius pandemic hit tourism and domestic activity.

Thai first-quarter GDP to post sharpest contraction in eight years: Reuters poll

15 May 2020

BANGKOK Thailand's economy probably contracted the most in eight years in January-March, a Reuters poll showed on Friday, as the coronavirus outbreak hit tourism and domestic consumption.

Thai market investor confidence improves, rate cut seen -associations

11 May 2020

BANGKOK, May 11 Thailand's market investor confidence for the three months to July rose for the first time in five months on optimism about government measures to cushion the fallout of the coronavirus pandemic, a capital market association said on Monday.

Thai business groups see GDP contracting 3%-5% this year

07 May 2020

BANGKOK Thailand's economy may shrink 3%-5% this year, sharply down from growth of 1.5%-2.0% projected in March, as the coronavirus pandemic hits global demand and domestic activity, a group of leading business associations in Thailand said on Thursday.

UPDATE 1-Thailand bond market more stable but not yet fully recovered -c.bank

29 Apr 2020

* About $6.2 bln bonds will mature in May-June (Adds bond support fund, maturing debt)

Public suicide bid as millions of Thais wait for virus aid

28 Apr 2020

BANGKOK A woman who took rat poison this week outside Thailand's finance ministry over the slow rollout of aid during the coronavirus lockdown was promised on Tuesday she would get her money soon. For millions of other Thais, the waiting continues.

Thailand sees GDP, investment boost if joins CPTPP trade pact

27 Apr 2020

BANGKOK Thailand could expect a boost to its economic growth, investment and exports to help offset the negative impact of the new coronavirus pandemic if it participates in an Asia-Pacific trade agreement, the commerce ministry said on Monday.

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