economy

Thailand's central bank on Wednesday decided to maintain its policy interest rate and signaled it would consider adjusting it to normal levels during the next meeting on April 21, if no incident affects the economy.

Thailand has proposed "Policy Five" to enhance bilateral cooperation and develop an economic corridor between the five northern Malaysian states of the Thai-Malay Peninsula and five southern provinces of Thailand.

Stimulus measures will remain in place over the next one to two years, Finance Minister Korn Chatikavanij said yesterday, adding that his ministry was assessing how long Thailand could support budget deficits as a result of fiscal injections.

Thai exports could come under pressure later this year if the global economy suffers a new downturn, warns Exim Bank president Apichai Boontherawara.

The government is planning to withdraw its debt-funded stimulus package, Prime Minister Abhisit Vejjajiva says. But he added his administration is working on plans to improve infrastructure to support economic development.