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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...

Prawit denies backroom dealing to scuttle tomorrow’s vote, adds Prayut to remain Premier into next election

Deputy Prime Minister and leader of the ruling Palang Pracharath Party (PPRP) Prawit Wongsuwan denied allegations that he ordered MPs from his party and junta-appointed senators to boycott parliament meeting tomorrow, while admitting that his party would continue to...

News In-depth – Property sector to report better Q2 revenues, cautious on H2 outlook

Thailand’s property sector is set to report better revenues for their performance for their 2nd quarter although they remain cautious about the prospects for the remainder of the year as many risk factors continue to haunt the industry.“Key sector...

Opinion – Flip-flopping politicians look at their own vested interests

With general elections slated to take place less than 8-months from today the deliberation on the methodology of what rules would be applied for the elections is yet to be decided by members of parliament (MPs) and the government...

Thailand’s methamphetamine drug supply pushes prices to as low as 10 Baht/tablet

Thailand’s drug problem has reached a new high as the supply of methamphetamine pills, or Yaba, has flooded the market and the price of each tablet has dropped to as low as 10-20 baht.The widespread supply that has flooded...

[Update] Exports set to shine in 2022 but outlook for 2023 looks bleak amid slowing demand and higher base

Exports, one of the only factors that drove the economy during the 1st half of this year, is set to continue to remain vibrant during the course of the 2nd half of the year as weaker Thai Baht and...

Analysis – Prayut’s fear of Pheu Thai’s landslide is an indirect admission of being the underdog

With the general elections right around the corner the ruling coalition parties are looking at every possible way of trying to scuttle the plans by the Pheu Thai party to be able to return to power, a desperate move...

Big Read – Economists warn to fasten seat belt as roller coaster ride of synchronized recession set to rock global economy

Thais hoping to see the country’s economy turnaround may have to possibly reconsider their views amid continued negative news from across the world and instead look at possibly tightening their belts.“Even though Thailand’s economy is on the path of...

Thailand is far from reaching the stage of Sri Lanka, but country cannot be complacent, warn economists

Every now and then there are questions being raised whether Thailand may be heading closer to what Sri Lanka is facing these days or not, but these questions are being brushed aside by all sides as Thailand continues to...

Analysis – PPRP’s move to bring back 2019 electoral system is an outcome of Prayut’s dip in popularity and collapsing economy

The ruling pro-military Palang Pracharath Party (PPRP) is changing its mind on the electoral system and calculation method of the Member of Parliament (MP) as the PPRP fears that the strategy by the Pheu Thai Party for a landslide...

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