Thai PBS World

Central bank claims phone charging cables cannot be used to steal data

January 18, 2023
by jeerapas@thaipbs.or.th
Comments Off on Central bank claims phone charging cables cannot be used to steal data

The Bank of Thailand and the Thai Bankers Association (TBA) have dismissed a widespread suggestion on social media, claiming that a charging cable can be used to steal data stored…

A person uses a cell phone to pay with Bitcoins during the Latin Bitcoin conference (LABITCONF) in San Salvador, on November 18, 2021. (Photo by Sthanly ESTRADA / AFP)

Bank subsidiaries’ investments in digital assets to be capped at 3% of capital

March 24, 2022
by administrator
Comments Off on Bank subsidiaries’ investments in digital assets to be capped at 3% of capital

The Bank of Thailand (BoT) is to issue a new regulation to limit investment in digital assets by business units of commercial banks to no more than 3% of their…

Central bank assures Thai banking system remains resilient despite S&P downgrade

March 23, 2022
by administrator
Comments Off on Central bank assures Thai banking system remains resilient despite S&P downgrade

The Bank of Thailand (BoT) says that the Thai banking system has undergone regular stress tests and remains resilient, with a high level of capital buffers to help it to…

Central bank, TBA suspend credit, debit cards following suspicious deductions

October 18, 2021
by Nad Bunnag
Comments Off on Central bank, TBA suspend credit, debit cards following suspicious deductions

The Bank of Thailand and the Thai Bankers’ Association (TBA) have suspended the credit and debit cards of many customers who complained that money had been deducted from their accounts…

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Thai Central Bank instructed to review interest rate caps on personal loans

June 16, 2021
by jeerapas@thaipbs.or.th
Comments Off on Thai Central Bank instructed to review interest rate caps on personal loans

Prime Minister Prayut Chan-o-cha has instructed the Bank of Thailand (BoT) to review the caps on interest rates charged for personal loans, which include credit cards, ready cash cards, vehicle…

Cabinet approves asset warehousing scheme to help debt-ridden businesses

March 23, 2021
by Kitipat Chuensukjit
Comments Off on Cabinet approves asset warehousing scheme to help debt-ridden businesses

The cabinet approved financial measures today (Tuesday), worth 350 billion baht, to help financially-troubled businesses overcome the impacts of the COVID-19 pandemic. The financial package includes 250 billion baht in…

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 28, 2021. Asian shares skidded on Thursday as a reality check set in about longtime economic damage from the coronavirus pandemic, giving Wall Street its worst day since October. (AP Photo/Ahn Young-joon)

Asian markets a sea of red as virus woes add to correction fears

January 28, 2021
by Tulip Naksompop Blauw
Comments Off on Asian markets a sea of red as virus woes add to correction fears

Asian markets suffered further losses Thursday, tracking a rout in New York and Europe as markets were hit by a perfect storm of worries about the slow rollout of vaccines,…

Central bank keeps benchmark interest rate at 1.25 percent

December 19, 2019
by jeerapas@thaipbs.or.th
Comments Off on Central bank keeps benchmark interest rate at 1.25 percent

The Bank of Thailand’s Monetary Policy Committee (MPC) agreed unanimously on Wednesday to leave the benchmark interest rate unchanged at 1.25%, after its assessment that economic growth will be less…

Central bank cuts growth projection to 2.8 percent but retains policy rate at 1.5 percent

September 25, 2019
by Pasatorn Sangchai
Comments Off on Central bank cuts growth projection to 2.8 percent but retains policy rate at 1.5 percent

The Bank of Thailand has slashed the country’s economic growth projection for this year to 2.8% from 3.3% and the projection for next year from 3.7 % to 3.3%. The…

Central bank takes measures to deal with baht speculation

July 12, 2019
by administrator
Comments Off on Central bank takes measures to deal with baht speculation

The Bank of Thailand is concerned about the rapid appreciation of the baht currency and has taken measures to curb speculative hot-money inflows, Assistant Governor Vachira Arromdee said today (Friday)….

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