Prime Minister Srettha Thavisin has expressed his disagreement with the decision of the Bank of Thailand to raise its policy rate, arguing that it is excessively high in comparison to…
Read MorePrime Minister Srettha Thavisin has expressed his disagreement with the decision of the Bank of Thailand to raise its policy rate, arguing that it is excessively high in comparison to…
Read MoreThe Bank of Thailand’s monetary policy committee unanimously voted to raise the policy rate by 25 basis points, to 2.5%, with immediate effect today (Wednesday). According to Piti Disyatat, secretary…
Read MoreBank of Thailand Governor Sethaput Suthiwartnarueput has suggested that the “digital wallet” scheme should target certain people, instead of all Thais who are 16 and older, while debt a moratorium…
Read MoreThe Pheu Thai-led government will consult the Bank of Thailand over the proposed use of the Utility Token Type 1 as a means of payment for the Pheu Thai party’s…
Read MoreSeveral of Thailand’s business leaders are expressing concern over political instability. A new government has still not been formed since the general election in May. The business community is asking…
Read MoreDelay in the formation of the new government will impact the disbursement of the 2024 national budget, especially investment in new mega projects, which may not be launched, according to…
Read MoreThree of Thailand’s business, banking and capital market gurus are optimistic about the country’s improved economic performance this year, with a tourism boom, increased foreign investment and exports, which will…
Read MoreThailand’s gross domestic product (GDP) will expand by around 3-4 percent this year, only slightly higher than last year’s 3.2 percent, the National Economic and Social Development Council, a state…
Read MoreMore than 62,000 people have applied to restructure their debts since September 26th, at the Online Debt Restructuring Fair, organised by the Bank of Thailand. Suwannee Jatsadasak, senior director of…
Read MoreThe Bank of Thailand (BOT) has been facing the delicate task of navigating the baht and the economy through turbulent waters. As the government has apparently almost run out of…
Read MoreThe Bank of Thailand is open to feedback from all stakeholders, until the end of this month, about its plan to set up virtual banks in Thailand, Governor Sethaput Suthiwartnarueput…
Read MoreCommercial banks in Thailand have put in place measures to protect their credit and debit card holders from cyber fraudsters who, between October 1st and 17th, stole about 130 million…
Read MoreAs 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…
Read MoreThe 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…
Read MoreThailand’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…
Read MoreThe 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…
Read MoreThailand’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…
Read MoreThe 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…
Read MoreSmog 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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