Thai central bank holds its key rate at 2.50%

Bangkok: Following a court’s dismissal of the prime minister, the central bank of Thailand’s central bank left its key interest rate unchanged for a fifth straight meeting on Wednesday ( Aug 21 ), as was widely anticipated. The Bank of Thailand’s ( BOT ) monetary policy committee voted 6-1 toContinue Reading

Thai growth quickens in Q2 on higher consumption, tourism

BANGKOK: Thailand’s economic growth strengthened in the second quarter due to higher consumption, tourism and exports, official data showed on Monday ( Aug 19 ), and the government narrowed its full-year growth forecast range. Southeast Asia’s second-largest economy grew 2.3 per cent in the April-June quarter from a year earlier,Continue Reading