State seeks premium restructure : Insurance to benefit from price controls . The government is looking for ways to lower life and health insurance premiums after the prices of medicines, medical supplies and medical services are brought under control. Bangkok Post
200m contribution set for ACMECS fund : The Cabinet yesterday decided to set aside a budget of US$200 million (Bt6.4 billion) as contribution for the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) fund within five years. The Nation
Myanmar needs ‘wise’ investments : Continuous reform urged to sustain growth momentum amid positive outlook: WB . Despite the ongoing Rakhine crisis and intensification of conflicts that may impact on the performance of the tourism sector and investor sentiment, Myanmar’s economy is slowly picking up speed and regaining stability after a volatile 2018, and that could continue if the country invests wisely and inclusively, says a new report by the World Bank. The Nation
Policy rate change ‘unlikely’ this year : TMB analytics expects bank of Thailand to maintain its key interest rate at 1.75 per cent until at least the end of 2019 . The Bank of Thailand (BOT) is expected to maintain its policy interest rate at 1.75 per cent until at least the end of 2019, according to TMB Analytics. The Nation
LNG being arranged for South in view of natural gas field shutdown : The Energy Ministry has teamed up with PTT Plc and the Electricity Generating Authority of Thailand (Egat) to come up with measures to supply users of power and natural gas vehicles (NGVs) in the South during a 14-day shutdown of a natural gas field in the Malaysia-Thailand Joint Development Area (JDA). The Nation
Nissan, PEA sign agreement for electric vehicle charging facilities : Nissan Leaf customers worried about getting their next recharge had some good news yesterday, as Thailand’s Provincial Electricity Authority (PEA) inked an agreement with Nissan Thailand to ensure that home-charging options and correct electrical infrastructure is in place in upcountry areas. The Nation
Oil palm farmers ask for retailer help : Supermarket promotions hurt prices down the line. Oil palm growers have called for cooperation from retailers to abstain from launching any sale promotions for bottled cooking palm oil, as such programmes would push down farm prices for fresh palm nuts. Bangkok Post
Chuan warns MPs over ‘misbehaviour’ : House speaker rips air ticket debts . House Speaker Chuan Leekpai has warned the 500 newly elected MPs to behave themselves and not to repeat the misbehaviour of lawmakers of the past. Bangkok Post
BoT to tighten foreign exchange monitoring : Move aims to prevent currency speculation . The Bank of Thailand is set to tighten foreign exchange monitoring to prevent short-term baht speculation after the local currency surged to its highest level in more than six years yesterday. Bangkok Post
Fed pushes baht to 6-year high : Signals for rate cuts in us underpin currency’s climb to 31.05 to the dollar . The baht has hit a six-year high, propelled to 31.05 to the US dollar yesterday after the US Federal Reserve signalled possible interest rates cuts of as much as half a percentage point over the rest of this year. The Nation
