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Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions.That belief is hard to fathom in today’s liquid international capital market where money can move from one ...

The Federation of Thai SMEs is asking the government to delay an increase in the fuel tariff (Ft) scheduled for September as they struggle to stay afloat amid mounting economic problems.The Ft, which is determined by fuel costs, is expected to rise as the Russia-Ukraine ...

Thailand has moved into the top 10 among the best countries for expatriates, rising to 8th place from 14th last year in the Expat Insider 2022 survey by InterNations.The world’s largest expat community with more than 4 million members, Berlin-based InterNations surveyed expat life in ...

The Thai Commerce Ministry has called for continued cooperation from manufacturers to maintain product prices as long as possible in order to curb the negative impact on consumers.This move came after manufacturers proposed to increase the prices of their products to cope with higher production ...

The Cabinet has approved a two-month extension of the reduced excise duty for diesel to help mitigate the impact of the fuel price crisis.Continue watching ...

The Omicron BA.5 subvariant can spread faster than any other subvariants before it and can cause reinfections, Vichaiyut Hospital respiratory specialist Dr Manoon Leechawengongs warned on Wednesday.In a Facebook post, Manoon posted a screenshot of an article headline from the Fortune website titled “Move over, ...

Thailand’s economic recovery from the Covid-19 fallout should become visible in third quarter of this year thanks to the influx of tourists sparked by the lifting of entry restrictions.“We estimate the gross domestic product [GDP] expansion for the year to be in the scope of ...

The government is forging cooperation with more than 10 embassies to boost foreign investments in the Eastern Economic Corridor (EEC), with a focus on high-tech and eco-friendly businesses.Ambassadors from countries such as Japan, Germany, France and the Netherlands as well as executives from foreign chambers ...

The Finance Ministry expects the baht’s value to rebound in the second half this year, in line with the anticipated narrowing of the current account deficit, says a ministry source who requested anonymity.According to Reuters, Bank of Thailand officials said yesterday the bank will let ...

The Thailand Industry Sentiment Index (TISI) fell to a seven-month low of 84.3 points in May amid economic uncertainties ranging from rising inflation to political conflicts overseas, says the Federation of Thai Industries (FTI).The inflation rate hike and prolonged global oil price surge, driven by ...