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A service for banking industry professionals · Thursday, November 30, 2023 · 671,874,534 Articles · 3+ Million Readers
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Thailand Banking Industry Newswire

  • Published on Nov 29, 2023

    Thai central bank holds rate steady, cuts growth outlook

    Rate held at 2.50%, a 10-year high, after year-long tightening C.bank cuts 2023/2024 growth forecasts Current rate low, appropriate for economy, risks - BOT Most economists see no policy change for at least a year BANGKOK, Nov 29 (Reuters) - Thailand…

    Source: Reuters - Neutral
  • Published on Nov 29, 2023

    Thai central bank holds rate steady, cuts growth outlook

    BANGKOK :Thailand's central bank kept its key interest rate steady on Wednesday, as expected, saying the current level was suitable to support the country's economic recovery, while cutting its growth outlook. The Bank of Thailand (BOT) also said …

    Source: Channel News Asia - Public Broadcaster
  • Published on Nov 29, 2023

    Thai central bank holds key rate steady, trims growth outlook

    BANGKOK :Thailand's central bank left its key interest rate unchanged on Wednesday as expected, ending a year-long tightening cycle amid a slowing economy and below-target inflation, while cutting its growth outlook. The central bank said the current …

    Source: Channel News Asia - Public Broadcaster
  • Published on Nov 29, 2023

    Thai central bank holds key rate at 2.50%, cuts growth outlook

    BANGKOK : Thailand's central bank left its key interest rate unchanged on Wednesday, as expected, ending a year-long tightening cycle amid a slowing economy and below-target inflation, while lowering its growth outlook. The central bank said the …

    Source: Channel News Asia - Public Broadcaster
  • Published on Nov 29, 2023

    Thai crypto exchange Zipmex reportedly offers creditors nearly 30 cents on dollar

    Troubled cryptocurrency exchange Zipmex has proposed its creditors nearly 30 cents per dollar of claims as part of its restructuring plan. Embattled crypto exchange Zipmex has offered its creditors 29.35 cents per dollar as the firm is seeking new options …

    Source: crypto.news - Neutral
  • Published on Nov 29, 2023

    Thai Central Bank Stands Pat, Tempers Growth Forecasts

    Nov. 29, 2023 3:25 am ET | WSJ Pro Thailand’s central bank kept its benchmark policy rate at its highest point in a decade, saying that the economy is recovering, while forecasting “more balanced” growth in the years to come. The Bank of Thailand said …

    Source: Wall Street Journal - Center-right
  • Published on 02:07 GMT

    Thai Shares May Open In The Red

    The Thai stock market turned lower again on Wednesday, one day after ending the four-day slide in which it had slumped more than 30 points or 2.1 percent. The Stock Exchange of Thailand now sits just beneath the 1,390-point plateau and it may see mild …

    Source: RTTNews - Neutral
  • Published on Nov 29, 2023

    Accenture to Acquire Creative and Digital Experience Agency Rabbit’s Tale in Thailand

    Accenture announced that it will acquire a Bangkok-based creative and digital experience agency, Rabbit’s Tale. The company said the move will “significantly strengthen the regional creative, brand and data capabilities of Accenture Song” adding that it …

    Source: Branding in Asia - Neutral
  • Published on Nov 29, 2023

    Central bank holds key rate at 2.50%, as expected

    PUBLISHED : 29 Nov 2023 at 15:13 The Bank of Thailand left its key interest rate unchanged on Wednesday, as expected, ending a year-long tightening cycle, amid slowing economic growth and below-target inflation. The BoT's monetary policy committee …

    Source: Bangkok Post - Center-right
  • Published on 04:06 GMT

    Taiwan’s white-collar fraud infiltrating banks

    When Yeh Yi-fa (葉益發), chief prosecutor of the Taoyuan District Prosecutors Office, saw the words “Chenggong Branch” for the first time in an encrypted chat used by a fraud ring on messaging software Telegram, he was extremely skeptical.   “Was it really …

    Source: CommonWealth Magazine - Neutral
  • Published on Nov 29, 2023

    Will Cash Stimulus Jump-Start the Thai Economy?

    2023 has not been a stellar year for the Thai economy. The Bank of Thailand was projecting GDP to grow by 3.6 percent for the year, but that figure was later revised down to 2.8 percent. This is mostly because Thailand’s economy is built around exports of …

    Source: The Diplomat - Neutral
  • Published on 01:56 GMT

    Thai auto market anticipates price war as Chinese EVs flood in

    Picture courtesy of Pattarapong Chatpattarasil The Thai auto market is bracing for a potential price war as the influx of affordable electric vehicles (EVs), mainly from China, threatens the traditional dominance of internal combustion engine (ICE) …

    Source: Thaiger - Neutral
  • Published on Nov 29, 2023

    As global rates turn, banks in India and Indonesia set to win

    A general view of Mumbai's central financial district, India June 13, 2017. REUTERS/Danish Siddiqui/File Photo Acquire Licensing Rights SINGAPORE, Nov 29 (Reuters) - As Asia's banking sector navigates a peak in global interest rates and …

    Source: Reuters - Neutral
  • Published on Nov 29, 2023

    Binance faces Thai regulatory hurdles amid $4.3 billion settlement

    TLDR Binance is preparing to launch its cryptocurrency exchange in Thailand early next year, marking a significant expansion of its global operations. The company faces regulatory challenges in Thailand following a $4.3 billion settlement with US …

    Source: Cryptopolitan - Uncategorized
  • Published on Nov 29, 2023

    Accenture Song adds Thai digital agency Rabbit’s Tale to its family

    Accenture has agreed to acquire Rabbit’s Tale, a Bangkok-based creative and digital experience agency that employs approximately 120 people. Rabbit’s Tale, founded in 2010, focuses on brand strategies and digital content across various sectors, including …

    Source: Campaign Asia - Center-left
  • Published on Nov 29, 2023

    BofA Global Research Identifies 2024 As ‘The Year of the Landing’; Global Economic Growth Set To Slow In 2024; India and ...

    Global Economic Growth Set to Slow in 2024, Banks’ Warning Several leading banks are sounding the alarm that global economic growth is poised to decelerate even further in 2024; this outlook is attributed to a combination of factors, including high- …

    Source: Inventiva - Neutral
  • Published on Nov 29, 2023

    Thailand’s top 100 lawyers 2023

    Miran Lim and Yen Nguyen View the A-List Thailand’s economic performance for 2023 is poised for disappointment as the growth forecast has been revised downward from 3.5% to 2.7%. Weaker than expected exports and reduced tourism spending are the primary …

    Source: Law.asia - Neutral
  • Published on Nov 29, 2023

    Thailand holds key rate at 2.50%, cuts growth outlook

    THAILAND’S central bank left its key interest rate unchanged on Wednesday (Nov 29), as expected, ending a year-long tightening cycle amid a slowing economy and below-target inflation, while lowering its growth outlook.

    Source: The Business Times Singapore - Neutral
  • Published on Nov 29, 2023

    Thai c.bank holds key rate at 2.50%, as expected

    BANGKOK: Thailand's central bank left its key interest rate unchanged on Wednesday, as expected, ending a year-long tightening cycle, amid slowing economic growth and below-target inflation. The Bank of Thailand's (BOT) monetary policy committee …

    Source: The Star (Malaysia) - Right-wing

04 days 23:47:47

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