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Thailand: Inflation and market uncertainty

The recent rapid rise in inflation rates worldwide has been a hot topic with huge impacts on the real economy as well as financial markets. The surging cost of living has hit all households, especially those with sluggish wage growth, mostly lower-income groups. Recent financial market corrections in response to inflation concerns and the way […]

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Thailand: No need to raise interest rates, says BoT chief

Thailand has no need to raise interest rates following the Federal Reserve’s hikes in US rates, as domestic factors and the economic recovery will be the main issues determining policy, the central bank chief said. The country’s external position remains strong with low foreign debt and high international reserves, Bank of Thailand governor Sethaput Suthiwartnarueput […]

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Thailand: UK, India, Germany top source markets

The Covid situation in China, which has some 40 cities under full or partial lockdown, bodes ill for the return of Chinese visitors to Thailand this year. As a result, the UK, India and Germany are the top source markets in 2022 and Thailand is being urged to focus more on domestic and high-spending tourists. “Before […]

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BoT chief: Thailand has no need to follow Fed’s tightening

Thailand has no need to raise interest rates following the United States Federal Reserve’s hikes as domestic factors and its economic recovery will be the key issues when deciding policy, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Thursday. The country’s external position remains strong and it has not had a problem of capital […]

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Thailand: Bars push reopening

Operators of night entertainment venues will reiterate their demand for the reopening of their businesses on Thursday, as the Public Health Ministry proposes to designate certain provinces as “green zones” where nightlife activities can resume. Khathawut Thongthai, president of the Association of Entertainment Professionals, said operators of night entertainment venues and related businesses will meet […]

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