cash

Thailand to Allocate $4.2 Billion in Cash Handouts to Boost Economy

3 months ago

The Thai government has announced plans to allocate $4.2 billion for cash handouts to citizens in an effort to stimulate the country’s economy. This initiative aims to address the economic consequences stemming from the COVID-19 pandemic and the effects of global inflation, which necessitate active intervention from the country's leadership.

New Thai Prime Minister Launches Cash Stimulus Program to Revive Economy

3 months ago

The newly appointed Prime Minister of Thailand, Prasokit Yaosing, is aiming to restore economic stability in the country by launching a comprehensive cash stimulus program. Amidst global instability and internal challenges that have weighed down the economy, the government is considering allocating 500 billion baht (approximately 14 billion USD) to support the population and businesses.

Australian Central Bank Keeps Cash Rate at 4.35%

3 months ago

The Reserve Bank of Australia (RBA) has confirmed that the cash rate will remain at 4.35% for an extended period. This decision is based on the belief that the current rate is sufficiently high to bring down inflation while maintaining the health of the nation’s economy.