"MPC"

The Bank of Thailand’s Monetary Policy Committee (MPC) has identified three issues of concern for the country – the rapidly rising baht, a bleak outlook for the financial system, and rising household debt.

The central bank on Thursday appointed new members to its Monetary Policy Committee (MPC) and Financial Institutions Policy Committee (FIPC).

Financial experts predict the Monetary Policy Committee (MPC) will decide to freeze Thailand’s key interest rate at 0.5 per cent when it meets on Wednesday (September 23).

The Bank of Thailand is leaving the key policy rate unchanged at 0.5 per cent, but has warned that the recent appreciation of the Thai currency is posing a threat to economic recovery.

The National Federation of Motion Pictures and Contents Association (MPC), in partnership with Netflix, on Thursday (May 28) announced the creation of the “MPC Covid-19 Relief Fund for Film and TV Freelance Production Personnel” to support the hardest-hit freelance workers in the television and film industry.

The Bank of Thailand’s Monetary Policy Committee (MPC) has cut the policy rate to shore up the sharply dropping economy, and is demanding that commercial banks accelerate their debt restructuring for consumers and SMEs. It has also advised the government to come up with well-targeted and timely fiscal spending.

The Bank of Thailand has decided to leave the benchmark policy rate unchanged at 0.75 per cent, saying it’s the government’s turn to take the lead role after the central bank in recent days cut the rate and introduced credit facilities for the bond market.

There are no plans for the Bank of Thailand (BOT)'s Monetary Policy Committee (MPC) to hold an emergency meeting despite the US Federal Reserve cutting its benchmark rate to almost zero.

Kasikorn Research Centre expects the Monetary Policy Committee (MPC) to possibly maintain the policy interest rate at 1.25 per cent at its last meeting of 2019 on December 18, the reasons being the state of the economy, the US-China trade agreement, and a thumping election win by the Conservative Party in Britain.

The Monetary Policy Committee voted unanimously on Wednesday (September 25) to maintain the policy rate at 1.5 per cent, its secretary said.

The Monetary Policy Committee (MPC) might decide to keep the policy rate unchanged at 1.5 per cent at its meeting on September 25 (Wednesday), pending an assessment on the impact of the previous cut, Krungthai Bank’s Chief Markets Strategist Jitipol Puksamatanan said.

The central bank's Monetary Policy Committee on Wednesday (August 7) voted by 5 to 2 to cut the policy rate by 0.25 of a percentage point from 1.75 to 1.50 per cent, effective immediately.