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[Update] MPC hikes the country’s benchmark lending rate by 0.25%
The Bank of Thailand (BoT)'s Monetary Policy Committee (MPC) on Wednesday voted 6-1 to hike the policy interest rate by 25 basis points from a record low of 0.5% to 0.75% to tackle inflation.The rise in the 1-day repurchase...
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Indorama Ventures reports 243% rise in Q2 profits, margins remain ‘good’ into Q3 while volumes set to rise
Indorama Ventures Plc (IVL), the world’s leading producer of Polyethylene Terephthalate (PET), has just reported a net profit of 20.28 billion Baht for its operations during Q2 2022, a record setting number that is likely to see further improvement...
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[Update] Documents suggest issue of Prayut’s 8-years was discussed by charter drafting committee
The contentious issue of Prime Minister Prayut Chan-ocha's 8-year term limit continues to be the talk of the town with the latest information suggesting that the term could be counted from when the general became premier after the coup...
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Norwegian Ambassador accepts letter from group opposing planned TRUE-DTAC merger
The Group of Citizens for Freedom in Telecoms submitted a document to Norwegian Ambassador to Thailand - Kjersti Rodsmoen, on the issue to put on hold the planned merger of True Corporation Plc (TRUE) and Total Access communication Plc...