The Bank of Thailand kept its policy rate at 1.00%, in line with market expectations, and said it is reassessing economic risks from the Middle East conflict. While war-related risks have eased, uncertainty remains elevated. Several central banks, including the Fed, have taken a wait-and-see stance; Japan, Indonesia and the Philippines raised rates last week to offset conflict-related shocks. The BOT said pre-ceasefire cost shocks had squeezed firms, weakened household purchasing power and hit t

2026-06-24

The Bank of Thailand kept its policy rate at 1.00%, in line with market expectations, and said it is reassessing economic risks from the Middle East conflict. While war-related risks have eased, uncertainty remains elevated. Several central banks, including the Fed, have taken a wait-and-see stance; Japan, Indonesia and the Philippines raised rates last week to offset conflict-related shocks. The BOT said pre-ceasefire cost shocks had squeezed firms, weakened household purchasing power and hit tourism through higher costs and travel constraints, and that lagged effects will continue to weigh on growth. It also flagged El Nifio-driven food supply risks and ongoing uncertainty from US tariff policy. Many economists expect the BOT to remain on hold for the rest of the year, maintaining an accommodative stance to support a still-fragile economy.

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2026-06-24

Sources said on the 24th Israel is considering withdrawing IDF forces from limited areas of southern Lebanon as US-hosted Israel-Lebanon talks enter a fifth round. The talks, which began on the 23rd and are expected to run through the 25th, are discussing vacating sections south of the UN Blue Line that IDF now holds; an Israeli official told Channel 13 the pullback would cover only a “small slice” — a few percent — of the relevant area. The proposed package, pushed by the US, would see US force

2026-06-24

Alibaba’s Qianwen said more than 14.0 mln users have used its AI college-application agent since gaokao results began this year for university/major searches, application advising and fill-out strategy. With score releases concentrated in over 20 provinces on June 25, Qianwen expects usage to rise and says it has pre-provisioned compute capacity to handle the peak consultation load.