Finance Ministry hopes for another cut in key interest rate

15 Sept 05:06 Key points summarised by AI

Finance Minister Pichai Chunhavajira welcomed the Bank of Thailand's (BoT) 25 basis point interest rate cut to 2.25% and anticipates another 25 basis point reduction at the next meeting to ease borrowing costs and boost bond yield confidence.
The minister plans to meet with commercial banks to encourage looser lending restrictions for businesses and suggested the central bank review its rate calculation process by considering global economic trends.

Lamphun in a New Light

Today 15:02 Key points summarised by AI

Lamphun illuminates its ancient city with two concurrent light festivals: the high-tech VIJIT Thailand @ LAMPHUN and the traditional Hundred Thousand Lantern Festival.
VIJIT Thailand @ LAMPHUN transforms historic landmarks into an outdoor gallery, using projections and multimedia to animate Lamphun's history, including Queen Chamadevi's story.
The Hundred Thousand Lantern Festival, part of Yi Peng, fills temples and streets with countless traditional lanterns, symbolizing Buddhist devotion and personal wishes.
These festivals offer a unique after-dark experience, blending contemporary light art with centuries-old Lanna traditions, connecting visitors to Lamphun's past and faith.