Rate hike depends on economic factors and inflation, says Bank of Thailand (BoT) Bank of Thailand (BoT) Governor Tarisa Watanagase on Wednesday announced a central bank decision by the Monetary Policy Committee on April 21 to raise the policy interest rate will be made based mainly on domestic economic factors and the inflation rate.

SET up by 2.05% to 21 month high on Asian surge Thai stocks jumped by 2.05% yesterday to push the index to its highest level in 21 months as most Asian markets gained ground on continued optimism about the global economic recovery. The Stock Exchange of Thailand index closed at 774.59 points, up 15.57, in heavy trade worth 33.99 billion baht, its highest close since June 2008. Banks gained 3.92%, energy stocks rose 1.5% and petrochemicals rose 4.97%.

Bank of Thailand to monitor foreign exchange market closely With the baht closing in on a two-year high and investors clamouring for relief, the central bank yesterday promised to keep a closer eye on the foreign-exchange market. However, it ...

The United Arab Emirates says door closed for Thaksin now The United Arab Emirates has promised not to allow fugitive ex-premier Thaksin Shinawatra back into the country because he had been using the UAE as a base for his campaign ...

DTAC aims at top spot with 100,000 iPhone sales target Total Access Communication (DTAC) plans to become the top iPhone seller in 12 months after its kick-off event this past weekend at Siam Paragon saw sales of 1,897 units, almost double the target.

It’s business as usual for offices in Bangkok Private and public workplaces would open for business as usual while the Metropolitan Police would ensure a smooth commute as the red shirts press on with their anti-government protest today.

Red-shirt protesters set up camp in Rajdamnoen Red-shirt protesters, at least 100,000 strong, occupied Rajdamnoen Avenue Saturday and more kept flowing into the capital from all over the Kingdom Saturday night.

Some Events cancelled in Bangkok, but normal bank operations continue The Stock Exchange of Thailand has cancelled all activities to take place during March 12-14, on concerns over inconvience of visitors and their safety.

Robinson Department Store to expand with four new outlets Robinson Department Store is investing Bt2.4 billion this year on four new stores as part of its plan to expand in the country by three to four outlets annually over five years.

Cabinet approves plan to invoke security law in Bangkok Thailand's Cabinet on Tuesday resolved to enforce the Internal Security Act (ISA) in the capital and seven surrounding provinces beginning Thursday to maintain law and order during the upcoming mass protest of the United Front for Democracy against Dictatorship (UDD).