Sethaput Suthiwartnarueput, Governor of the Bank of Thailand
Asia House will welcome Thailand’s Central Bank Governor, Sethaput Suthiwartnarueput, on Friday 16 September for an in-person briefing with Corporate Members. Governor Sethaput will discuss how the Bank of Thailand is responding to global economic headwinds, including rising inflation, and provide an update on the country’s broader economic outlook.
Driven by robust exports and a rebounding tourism sector, Thailand’s economy grew 2.5 per cent year-on-year in the second quarter of 2022, continuing its post-COVID recovery trend. This recovery is, however, threatened by high inflation, which reached 7.86 per cent in August. Governor Sethaput was appointed in October 2020, and is tasked with fighting this growing inflation without derailing Thailand’s economic recovery from the COVID crisis. In response to inflationary pressures and global monetary tightening, the Bank of Thailand raised interest rates by 25 basis points to 0.75 per cent in August this year – the Bank’s first hike in nearly four years.
During this private event, convened in-person at Asia House, London, Governor Sethaput will brief Corporate Members on how Thailand aims to grow the economy. The role of green finance and sustainable banking in helping Thailand achieve its net-zero ambitions will also be on the agenda.
This briefing is convened exclusively for Asia House Corporate Members and moderated by Asia House Chief Executive Michael Lawrence. To register interest, please email Edward Danks, Programme Associate: email@example.com
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