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Grilling the corrupt: Pattaya vows to clean up squid scandal
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Food Deliver Apps - Best and Cheapest?
just order online with Food Panda ..... it's reliable and reasonable cheap. -
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Cramming College
The topic title has been edited. Grammar police posts and replies have been removed: Proofread your post first as poor grammar and spelling can make a post difficult to understand. Posts regarding spelling and grammar can derail a topic and can also appear intolerant and unhelpful. -
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Tourist Found Dead Near Koh Phangan’s Hin Song Kon Store
Why go half way round the world to get pissed and drugged out your skull What a sad sad life he must have led- 1
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Food Deliver Apps - Best and Cheapest?
Grab, When you talk about most expensive, we talking about what when everything is paid at the end? -
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Brits, hope may be on the way: Musk!
For Farage. And you decided Farage's winning wasn't about Farage--a speculation. Yup. Big disenchantment in the UK about immigration and preferences given migrants. Suppression of free speech and police raids can happen anywhere for the same reason. It turns out that Reform UK is distinguishing itself by promising a return to Brit culture, emphasized up front, and a fix for the immigration problem. You are worse off, both financially and culturally. Wages are stagnant, we have a housing crisis, our young people struggle to get on the property ladder, we have rising crime, energy bills are some of the highest in Europe, the NHS isn’t working, both legal and illegal immigration are at record levels and woke ideology has captured our public institutions and schools. Only Reform will stand up for British culture, identity and values. We will freeze immigration and stop the boats. Restore law and order. Repair our broken public services. Cut taxes to make work pay. End government waste. Slash energy bills. Unlock real economic growth. --https://www.reformparty.uk/ So it seems a more plausible speculation that St. Helens may have voted for Farage merely 'cause they like what they're hearing from Farage. They must be aware of what's happening throughout the UK. -
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THAILAND LIVE Thailand Live Tuesday 17 December 2024
Thai Central Bank Under Pressure to Cut Interest Rates Picture courtesy: Thai Rath In an effort to invigorate inflation and support the Thai economy, Finance Minister Pichai Chunhavachira has renewed his call for the Bank of Thailand to lower its policy interest rate. The appeal comes ahead of the Monetary Policy Committee's (MPC) meeting on Wednesday, where decisions about rate adjustments are expected to be made. Full story: https://aseannow.com/topic/1346443-bank-of-thailand-faces-pressure-to-cut-rates/ -
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Bank of Thailand Faces Pressure to Cut Rates
Picture courtesy: Thai Rath In an effort to invigorate inflation and support the Thai economy, Finance Minister Pichai Chunhavachira has renewed his call for the Bank of Thailand to lower its policy interest rate. The appeal comes ahead of the Monetary Policy Committee's (MPC) meeting on Wednesday, where decisions about rate adjustments are expected to be made. Despite the plea from the Finance Ministry, the authority to change the rate rests solely with the MPC. Minister Pichai has been in close dialogue with the bank, consistently supplying economic data to strengthen the case for a rate cut. As it stands, Thai interest rates are at 2.25%, a level deemed 'neutral' by many economists. Inflation management is a key concern, with the Finance Ministry set to put forward a 2025 target framework to the cabinet this month. The aim is to guide the central bank in maintaining inflation within a target range, somewhat higher than the current rate which hovers below expectations. In a related move, the minister is also progressing initiatives like the 10,000 baht (£215) cash handout programme for seniors, aiming for a rollout next month during Chinese New Year. This measure is one of several designed to stimulate the economy. Local research firms, including the Kasikorn Research Center (K-Research), largely predict that the MPC will maintain the existing rate. Their rationale is to preserve monetary policy space amidst rising uncertainties expected next year. This strategic patience may last until February 2025, when another rate cut could occur if economic conditions warrant it. The backdrop of these discussions includes potential international economic threats, such as the possibility of the US imposing higher import tariffs on countries including Thailand. There is also concern about increased competition from Chinese products, possibly impacting Thai manufacturers adversely. Such challenges could place additional strain on an economy that is currently buoyed by tourism and government spending. K-Research and others expect inflation in 2025 to linger below the bank's target of 1-3%. Thus, carefully calibrated rate cuts might become necessary to shield the economy from these external and internal pressures. Meanwhile, banks like Krungsri and Siam Commercial Bank's research arms echo the sentiment that maintaining the rate for now is prudent. They note that the MPC needs to gauge the impact of previous rate changes and government policy measures comprehensively. Ultimately, the MPC's future decisions will hinge on data, inflation trends, and overall economic stability, elements that remain enveloped in uncertainty amidst shifting global economic dynamics. As the situation evolves, both the timing and magnitude of potential interest rate adjustments will be critical in charting Thailand's economic course, reported Bangkok Post. -- 2024-12-17
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