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Thai election: stocks rise, baht strengthens as opposition parties make gains

It remains to be seen which parties will eventually form the new Thai government as a coalition is needed since both opposition parties don't have enough votes to form a new government.

Bangkok
Krung-thep-mahanakhon
Thailand
Thai
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Paetongtarn-shinawatra
Prayut-chano-cha
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Reuters
Election-commission

BSP may lower RRR in 2nd half

American banking giant Citi now expects the Bangko Sentral ng Pilipinas to lower the level of deposits banks are required to keep with the central bank in the second half so as not to add to inflationary pressures.

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Manila
Philippines
American
Bangko-sentral
Nalin-chutchotitham
Felipe-medalla
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Bsp
Economist

BSP adjusts inflation forecast to below 6%

The Bangko Sentral ng Pilipinas (BSP) is further revising downward its inflation forecast to below six percent this year after it cooled to a six-month low of 7.6 percent in March.

Washington
United-states
Philippine
Benguet
Philippines
Manila
Felipe-medalla
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Bangko-sentral
Philippine-economic-briefing
Monetary-board

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