Bloomberg Thailand’s monetary policy should remain accommodative to nurture the economic recovery and as inflationary pressure remains weak, central bank Governor Veerathai Santiprabhob said. Thailand is still in the “early stage of a recovery of domestic demand,” Veerathai said in an interview with Bloomberg TV in Singapore. The most important factor in deciding policy is inflation pressure, followed by the …

Bloomberg Pakistan’s second-largest bank by assets aims to double its current-account deposits in five years as it extends its reach into the nation’s rising middle class through new technology and a branch revamp. United Bank Ltd. is seeking to increase its number of customers by about 40 percent to 10 million in three years, with domestic current-account deposits doubling to …

Reuters The Czech National Bank (CNB) may raise its main interest rate above 1 percent by the end of this year, sooner than its staff forecast predicts, as the economy is overheating, Vice-Governor Mojmir Hampl was quoted as saying. The central bank’s board kept the two-week repo rate at 0.75 percent at its last policy meeting on March 29 after …