TH

Thai central bank to deliver third straight 25bps hike on Nov. 30

17 of 19 economists expect rates to rise to 1.25% on Nov. 30 Two expect no hike BENGALURU, Nov 28 (Reuters) – The Bank of Thailand will raise interest rates by a modest quarter-point on Wednesday for a third straight meeting amid fragile tourism-reliant growth and signs inflation has started to ease, a Reuters poll …

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Saudi crown prince meets Thai PM after diplomatic ties restored

BANGKOK, Nov 18 (Reuters) – Thailand’s prime minister met with Saudi Crown Prince Mohammed bin Salman on Friday in Bangkok, signing agreements to expand diplomatic relations restored this year more than three decades after Saudi Arabia downgraded ties over a jewelery theft. The two leaders presiding over the signing of five agreements pledging to increase …

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Thai c.bank to go for another modest 25 bps hike on Wednesday

Register now for FREE unlimited access to Reuters.com Register 22 of 25 economists expect rates to rise to 1.00% on Sept. 28 Three of 25 economists expect 50 bps hike Modest rate hike comes even as inflation at 14-year high BENGALURU, Sept 26 (Reuters) – The Bank of Thailand will deliver another 25 basis-point rate …

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Russian tourists in Indonesia without cash as sanctions bite

KUTA, Indonesia, March 9 (Reuters) – When Russian tourist Konstantin Ivanov tried to withdraw money from his home bank account at a cash machine on the Indonesian resort island of Bali, the transaction was blocked. Unprecedented sanctions against Russia’s banks over its invasion of Ukraine are taking a toll on its citizens overseas, who have …

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JPM downgrades Thailand on fading tourism recovery and worsening macro conditions

A man rides a horse at Cha-Am Beach, amid the coranavirus disease (COVID-19) outbreak, in Phetchaburi province, Thailand, December 25, 2021. REUTERS/Athit Perawongmetha Register now for FREE unlimited access to Reuters.com Register May 2 (Reuters) – Analysts at JP Morgan downgraded Thailand’s equities rating on Monday, citing the slow pace of recovery in the tourism …

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