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The Monetary Policy Committee (MPC) has decided to keep the policy interest rate at 0.50 per cent per year.MPC secretary Piti Disyatat said on Wednesday after the meeting that four members voted to maintain the policy rate at 0.50 per cent while three members voted ...

Prime Minister Prayut Chan-o-cha called on the central bank to maintain its policy interest rate on Tuesday to curb a capital flight and support the domestic economy.Gen Prayut also vented his growing concern over a surge in the inflation rate after headline inflation, gauged by ...

Thailand’s inflation rate is expected to stand at 4-5% throughout this year, prompting the need for the government to maintain its diesel price subsidy programme, says the Federation of Thai Industries (FTI).The estimate is based on the latest survey of 200 executives across 45 industries ...

China’s zero-Covid policy, agricultural import restrictions, and shift away from global dependence will hit Thailand’s economy, warned a government agency on Sunday.The National Economic and Social Development Council (NESDC) said it was monitoring China closely after the country imposed Covid-19 lockdown measures on Shanghai and ...

Thailand’s inflation rate saw a continuous increase in April, due to the rising fuel prices driven by the armed conflict in Ukraine. The Thai government’s trade policy office now expects the average inflation rate for the entire year to fall within the expected 4-5% margin.Continue ...

The Finance Ministry plans to revise its 2022 forecast for Thai economic growth next month, focusing on the impact of rising inflation and spiking energy prices, says a ministry source who requested anonymity.The ministry is worried the Russia-Ukraine war will affect its target for foreign ...

Thailand’s central bank will not raise interest rates from a record low for more than a year in a bid to support an economy still struggling to recover from the pandemic despite a jump in inflation, a Reuters poll found.While inflation in the tourism-dependent economy ...

Thailand expects the economy to grow no less than 3per cent this year, helped by a raft of support measures to mitigate the impact of soaring oil prices, a government spokesman said on Wednesday.The measures, approved on Tuesday, would be worth at least 50 billion ...

The economy improved in February after a moderate slowdown the previous month, owing to an easing of coronavirus curbs and a resumption of a quarantine waiver for foreign tourists, the central bank said on Monday.The Russia-Ukraine crisis is likely to push up inflation and cause ...

Bringing the economy back on track for normal growth is necessary, but may be insufficient if the government does not direct growth in a cleaner manner.Power generation and industries that play a major role in driving the Thai economy need to be seriously adjusted to ...