Maintaining Interest Rates at 2.50%: MPC’s Stance on Boosting Tourism Consumption and Addressing Budget Delay Impact
The MPC reiterates its stance on maintaining interest rates at 2.50% per annum, appropriately and not dragging the economy down. After estimating GDP in 2024 to expand at 2.6%, tourism consumption continues to grow, declaring the budget delay an “air hole” in the fiscal sector, with 140 billion baht being lost. Date: 10 April 2024 […]
Bank of Thailand Prepares 29,000 Million Baht for Chinese New Year Spending
Photo by Roslan RAHMAN / AFP The BoT is preparing to hold paper money of all types and prices to support spending during the Chinese New Year, with a total of 29,000 million baht. On February 2, 2024, reporters reported that the Bank of Thailand (BoT) has announced that it has prepared to keep banknotes […]
Bank of Thailand’s MPC Explains 4 Reasons for “Negative Inflation” and Interest Rate Decisions
The Bank of Thailand answers the burning question, explains 4 reasons for “negative inflation” and why they haven’t cut interest rates yet. On January 16, 2024, journalists reported that After being heavily criticized for the performance of the Monetary Policy Committee (MPC), the Bank of Thailand (BoT) raised the official interest rate 8 consecutive times […]
BoT Deputy Governor Piti Disayathat Discusses Monetary Policy in 2024
Piti Disayathat The BoT confirms that monetary policy is moving “not in the wrong direction”, seeking to support the economic recovery without being an obstacle. Ready to plot multidimensional data Highlight the challenge of monetary policy If it is not 100% accurate, there will be beneficiaries and losers. But ready to listen to opinions from […]
US Dollar Strengthens After Stronger Than Expected Employment Numbers Released
FILE PHOTO: REUTERS/Dado Ruvic/ The US dollar strengthens Receive employment numbers that are stronger than expected. After the US Department of Labor released figures for non-agricultural employment in December. increased to 216,000 jobs, while domestic factors Prime Minister Settha will meet with the Governor of the Bank of Thailand. to talk about interest January 8, […]
SEC Warns Public of Risks With Unauthorized Digital Asset Operators and Overseas Investigations
The SEC warns the public and investors Be careful when using services with unauthorized digital asset business operators. From overseas, pull “BoT-AMLO” to investigate On December 16, 2023, a report from the Securities and Exchange Commission (SEC) warned the public and investors to be careful about using services with foreign digital asset trading service providers […]
SEC Warns Public to Beware of Unauthorized Digital Asset Business Operators
The SEC warns the public and investors Be careful when using services with unauthorized digital asset business operators. From overseas, pull “BoT-AMLO” to investigate On December 16, 2023, a report from the Securities and Exchange Commission (SEC) warned the public and investors to be careful about using services with foreign digital asset trading service providers […]
Thai Stocks Close Higher as Broker Reveals Buying Inflows to Major Stocks and Speculation on Political Benefits
Thai Stocks Close with Positive Momentum on Major Buying Inflows In an impressive display of market movement, Thai stocks closed on a high note, gaining +12.79 points. Broker reports indicate a significant influx of investment into major stocks, particularly DELTA, energy, banking, and communications sectors, driving the index into positive territory. Moreover, there is strong […]
SEC adjusts criteria for “ready-to-use utility token” expected to begin Q2/23
The Securities and Exchange Commission (SEC) is open to public hearings on the draft announcement regarding the regulation of digital tokens for utility tokens in the primary and secondary markets. By improving the regulatory principles according to the risks of each type of “utility token available”, there is an appropriate trader protection mechanism. and support […]
Revenue Growth-El HMPRO Strong cash base – many factors support
Many factors support the performance of “Home Product Center”, including increased spending at the end of the year. And flood support has sped up the process of buying building materials. Overall revenue profit continued to grow strong financial position Attractive increase in gross profit Expected to have an opportunity to win throughout the year, profit […]
