Email

info@propertypartners.pro

TH: +66 (0) 91 821 5557

Compare Listings

Bank of Thailand cuts policy rate, to 1.5%

Bank of Thailand cuts policy rate, to 1.5%

The Bank of Thailand’s Monetary Policy Committee has made a surprise decision today to cut the policy interest rate amid pressure to avert an economic slowdown and hedge the heightened trade war between the US and China.

The MPC cut the interest rate by only 25 basis points to 1.5 %. But the cut is significant. Of the seven-member committee, five voted for the cut while two voted to maintain the rate at 1.75%.

The Thai baht has been one of the strongest currencies in the region while the Chinese yuan has been weakening. The baht and Thai government bonds are considered by foreign investors as a safe-haven. The baht ranks 18th among the world’s strongest currencies.

via@thethaigernews

Continue Reading

img

Sivana Dee

Whether you are a first time buyer or looking to expand your investment portfolio, we are here to service your every need. Allow LS-Invest.ASIA to assist you in creating your new “LifeStyle”. The right time is now to look no further than LS-Invest.ASIA Based in Phuket, our mission is to introduce a fresh outlook on luxury property investment in Thailand with a uniquely international perspective

Related posts

APEC adopts Regenerative Tourism to revive travel

Following over two years of restricted travel and closed borders due to the COVID-19 pandemic, a...

Continue reading about APEC adopts Regenerative Tourism to revive travel
Sivana Dee
by Sivana Dee

Establishing a Representative Office in Thailand

A representative office is the ideal business entity for foreign investors who are exploring the...

Continue reading about Establishing a Representative Office in Thailand
Sivana Dee
by Sivana Dee

BOT says no threat to foreign reserve from strengthening dollar

On Saturday, BOT deputy governor Mathee Supapongse said the central bank had diversified...

Continue reading about BOT says no threat to foreign reserve from strengthening dollar
Sivana Dee
by Sivana Dee

Join The Discussion

×

Hello,

thank you for visiting Pro Property Partners! My name is Sanne, how may I help you today?

× How can I help you?