By Reuters and published by CNA THAILAND’S economy is expected to grow 3.8 percent this year, helped by a rebound in the vital tourism sector, while inflation should cool to its target range, the Finance Minister said on Saturday (Feb. 25). Domestic spending has increased and the government will accelerate large project investment to
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Fed wants ‘flexibility’ on rates as inflation remains key focus, minutes show
By Reuters and published by US News & World Report Washington – All officials at the Federal Reserve’s Dec. 13-14 policy meeting agreed the US central bank should slow the pace of its aggressive interest rate increases, allowing them to continue increasing the cost of credit to control inflation but in a gradual way
Read moreGovt readies 150 billion baht loan guarantee for oil fund
By Reuters and published by CNA THE cabinet today (August 16) approved a law to guarantee up to 150 billion baht in loans for the state oil fund to support energy prices as the government fights inflation, according to a government source and local media reports. The measure still has to be examined by
Read moreMarch inflation shrinks after gov’t financial aid
SEVERAL cost of living reduction measures by the government and lower fresh food pricing have resulted in a slight decrease in Thailand’s inflation rate in March, according to a report from the Ministry of Commerce. The Ministry of Commerce reported a 0.08% reduction in the inflation rate in March, which is the smallest decline recorded
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