Anuchit Nguyen

1 day ago | news.bloomberglaw.com | Pathom Sangwongwanich |Anuchit Nguyen

Thailand’s Finance Ministry plans to issue 5 billion baht (about $150 million) worth of a new digital investment token within two months, Finance Minister Pichai Chunhavajira said at a Tuesday briefing after the initiative was endorsed by the cabinet. The so-called G-Token is a digital token used to raise funds from the public under the current budget borrowing plan, although it isn’t a debt instrument, Public Debt Management Office Director-General Patchara Anuntasilpa said at the briefing.

1 day ago | bloomberg.com | Pathom Sangwongwanich |Anuchit Nguyen

Pichai Chunhavajira(Bloomberg) -- Thailand’s Finance Ministry plans to issue 5 billion baht (about $150 million) worth of a new digital investment token within two months, Finance Minister Pichai Chunhavajira said at a Tuesday briefing after the initiative was endorsed by the cabinet.

1 week ago | news.bloombergtax.com | Pathom Sangwongwanich |Anuchit Nguyen

Thailand’s inflation turned negative for the first time in more than a year on cheaper fuel prices and increased fresh food supplies, creating more room for the central bank to cut rates further to deal with the impact of the trade war. The consumer price index fell 0.22% in April, the first negative print since March last year, according to data released by the Commerce Ministry on Tuesday. That was more than analysts’ expectation for a 0.1% decline.

1 week ago | bloomberg.com | Pathom Sangwongwanich |Anuchit Nguyen

The central bank’s official inflation target for this year is set at a range of 1%-3%. (Bloomberg) -- Thailand’s inflation turned negative for the first time in more than a year on cheaper fuel prices and increased fresh food supplies, creating more room for the central bank to cut rates further to deal with the impact of the trade war. The consumer price index fell 0.22% in April, the first negative print since March last year, according to data released by the Commerce Ministry on Tuesday.

2 weeks ago | bloomberg.com | Catherine Bosley |Masaki Kondo |Anuchit Nguyen

(Bloomberg) -- Thailand’s bond market is on course for its best monthly inflows in more than three years, helped by interest-rate-cut bets and a stronger baht due to surging gold prices. Global funds have poured about $2 billion into the local debt so far this month, the highest since February 2022, according to data from the Thai Bond Market Association. In contrast, Indian and Indonesian debt saw outflows during the period.