By Reuters and published by CNA THAILAND’S central bank unexpectedly cut its policy interest rate at a review on Wednesday (Feb. 25), as it seeks to further support an economy pressured by US tariff uncertainty and a strong baht. The Bank of Thailand’s monetary policy committee voted 4-2 to cut the one-day repurchase rate
Tag: cut
Cyber Police cut illegal Internet links to foreign investors at Mae Sot
UPON being alerted by AIS 3BB FIBRE3 of likely illegal Internet use at Mae Sot, Tak province, with Myanmar’s Myawaddy border town just across Moei river, Cyber Police raided three suspicious commercial buildings where a criminal network was found and was immediately cut with investigation underway to catch those who set it up, Naewna
Read moreDivided Fed lowers rates, signals pause and one 2026 cut as growth rebounds
By Reuters and published by CNA New York – The Federal Reserve cut interest rates on Wednesday (Dec. 10) in another divided vote, but signalled it will likely pause further reductions in borrowing costs as the US central bank looks for clearer signals about the direction of the job market and inflation that “remains
Read moreUS Fed starts easing path, other major central banks on hold
By Reuters and published by Yahoo!Finance London –The US Federal Reserve has delivered its first rate cut since December, diverging from most other major central banks that have kept interest rates unchanged. The Bank of England kept rates steady on Thursday (Sep. 18) and the Bank of Japan is expected to follow on Friday,
Read moreThai central bank cuts key rate by 25 bps, as expected
By Reuters and published by CNA THAILAND’S central bank lowered its key interest rate by a quarter point on Wednesday (Aug. 13), its fourth cut in 10 months as it looks to support a sluggish economy grappling with negative inflation and the impact of US tariffs. The Bank of Thailand’s monetary policy committee unanimously
Read moreKK Park scam hub dark on 4th night of power cut
ON THE fourth night of Thailand cutting electricity, Internet and fuel supply from five points to Myanmar aimed at suppressing scammers holed up along the border the notorious scam centre KK Park in Myawaddy township, just across from Mae Sot town, is dark with only 20 to 30% of the lights switched on, TV
Read moreAs Payathonzu people struggle in the dark, Chinese gangs enjoy all-night karaoke session
AS PEOPLE in Myanmar’s Payathonzu township, opposite Sangkhlaburi district of Kanchanaburi, struggle to live without electricity after Thailand cut off supply on Wednesday morning (Feb. 5) the Chinese gangs there used generators to run a karaoke at an entertainment venue singing happily all night long, Naewna newspaper and Amarin TV said today. Aside from
Read morePayathonzu border town cloaked in darkness after power cut
AFTER Thailand shut off electricity, Internet and fuel supplies from five points to Myanmar yesterday (Feb. 5) the neighbouring country’s Payathonzu border town, opposite Sangkhla Buri district in Kanchanaburi, plunged into darkness , Naewna newspaper said today. This action was taken by the National Security Council because call centre scammers entrenched along the Myanmar
Read moreTachiliek still brightly lit but scam centre dimmer
MYANMAR’S Tachileik town, opposite Mae Sai town in Chiang Rai province, remained brightly lit tonight (Feb. 5) having got electricity from Laos after Thailand cut off this supply plus Internet service and fuel deliveries from five points this morning (Feb. 5) in targeting scam centres that have proliferated along Myanmar side of the border,
Read moreMyawaddy scammers conning victims as usual having prepared in advance
DESPITE Thailand having this morning (Feb. 5) cut electricity, Internet and fuel supply to Myanmar’s Myawaddy township, just across the border from Mae Sot district, workers at a flourishing scam hub are continuing to con their victims as usual because their criminal bosses have stocked up fuel and installed backup generators in advance, Naewna
Read moreChaos in Tachileik as Myanmar people rush to buy fuel after supply cut
CHAOS erupted in Myanmar’s Tachileik border town, opposite Mae Sai town in Chiang Rai province, after Thailand cut off electricity, Internet and fuel supply from five points to Myanmar border areas at 9 a.m. this morning (Feb. 5) with two being to Tachileik, Amarin TV said. This action was taken to resolve the problem
Read moreThailand zeros in on scam gangs by cutting power, Internet and fuel supply from tomorrow morning
THAILAND is taking aim at call centre scammers ensconced along the border in Myanmar by cutting off electricity, Internet and fuel delivery to five areas from 9 a.m. tomorrow morning (Feb. 5), TV Channel 7 and Amarin TV said this evening. Deputy Prime Minister/Defence Minister Phumtham Wechayachai called an urgent meeting of the National
Read moreAnutin awaiting order for PEA power shutoff to Myanmar townships
By Thai Newsroom Reporters DEPUTY PRIME MINISTER-cum-Interior Minister Anutin Charnvirakul confirmed today (Jan.29) he could immediately stop supplying power to Myanmar across the shared border only if ordered to do so by a government agency in charge of national security. The Provincial Electricity Authority under care of the Ministry of Interior could immediately terminate
Read moreCentral bank unexpectedly cuts key rate by 25 bps
By Reuters and published by CNA THAILAND’S central bank unexpectedly cut its key interest rate at a policy review today (Oct. 16), a move long called for by the government as needed to revive a sluggish economy with inflation below target. The central bank’s move follows five consecutive meetings where it held rates steady
Read moreGovt funding for digital wallet project to be cut by 10%
By Thai Newsroom Reporters THE TOTAL FUNDING FOR the Pheu Thai-initiated digital wallet project may be cut by 10% to better cope with the government’s budget constraints, said Deputy Finance Minister Julapun Amornvivat today (July 10). The total amount of funding for the populist handout campaign may be slashed from 500 billion baht as
Read morePower supply to Koh Larn island resumes after hours of cut
ELECTRICITY supply to Koh Larn island off Pattaya resumed at 4.30 p.m. today (June 14) after an outage since 10.30 a.m. in the morning led to some tourists asking hotels on the island to refund of their room rent, TV Channel 7 and Naewna newspaper said this evening. The power supply to the whole
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