The photo, taken in January 2020, shows a physical imitation of a Bitcoin in Dortmund, western Germany. (Photo by INA FASSBENDER / AFP)

The rewards (and risks) of Thailand’s big bet on cryptocurrency

As more people and businesses invest in digital currencies, the Bank of Thailand (BOT) faces the delicate task of trying to balance financial stability and investor protection on the one…

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Central bank governor says Thai economy does not need bailout from IMF

The Thai economy is strong enough and the country does not need to seek a financial bailout from the International Monetary Fund (IMF), although its GDP this year may be…

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Thai commercial banks asked to suspend interim dividends and share buybacks

The Bank of Thailand has asked commercial banks to suspend interim dividend payments for this year and to delay share buybacks, in order to maintain strong capital reserves to help…

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Lending guidelines planned to reduce Thailand’s household debt

Thailand’s commercial banks have recently agreed, in principle, with the Bank of Thailand to set lending guidelines by limiting a borrower’s debt-to-service ratio (DSR) to 70%, for those earning up…

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BOT’s move to curb rapid Thai Baht surge

The Bank of Thailand (BOT) has scaled back the auction size of short-term bonds this month in what was seen as an attempt to curb the rapid surge of Thai…

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Strong baht sends jitters through Thai export sector

Thailand’s private sector has expressed serious concern over the strengthening baht, which has rallied to its highest level against the US dollar for six years and may badly affect the…

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Thailand’s Central bank considering reduction of export and GDP projections next month

The current growth forecast for Thailand’s GDP is 3.8%, with exports projected to grow by 3%, but global economic volatility, caused by the intensifying trade war between China and the…

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Smog from sugarcane burning is fading – just for now

Smog from sugarcane burning may have faded, after sugarcane harvest season this year is about over. However, it does not mean the black smoke will disappear from the sky forever….

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