The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Thailand rate cut would boost economy, finance minister says

Summarise
Published Mon, Feb 24, 2025 · 12:18 PM
    • Thailand's finance minister Pichai Chunhavajira said low inflation meant there was room for an interest rate cut.
    • Thailand's finance minister Pichai Chunhavajira said low inflation meant there was room for an interest rate cut. PHOTO: THE NATION

    AN INTEREST rate cut will boost Thailand’s economy and help weaken the baht currency and banks should lend more to boost growth, its finance minister said on Monday.

    Pichai Chunhavajira said low inflation meant there was room for an interest rate cut. He was speaking ahead of a Bank of Thailand’s monetary policy review this week. He also pledged more measures to help address the country’s stubborn household debt problem. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Interest ratesPichai ChunhavajiraThailand

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Analysts have flagged that the Q3 earnings of Singapore’s three banks might miss market forecasts.

    DBS remains analysts’ pick ahead of Q3 earnings after Singapore banks’ share slump

    Acting Minister for Manpower Jasmin Lau has reminded employers of their legal obligations to protect workers from the haze.

    Singapore identifies 7 firms responsible for haze fires, notices issued urging action: Grace Fu

    A house in White House Park that is currently on the market. Bungalows in GCB Areas are subject to strict planning conditions.

    Good Class Bungalow market activity picks up pace on ‘realistic’ pricing

    The court has struck down a clause giving the trust’s protectors the final say on resolving conflicts, which could have wider ramifications for the trust industry.

    High Court rules against Julius Baer’s Singapore trust arm in US$50 million family trust dispute

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More