Three 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…
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Three 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…
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Thailand’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…
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More 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…
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The 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…
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The Bank of Thailand (BOT) has come under high pressure to react as domestic inflation has been climbing fast and other central banks, especially the US Federal Reserve (Fed), have…
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Investors who trade cryptocurrencies or digital tokens through properly registered exchanges will be entitled to a 7% VAT exemption on the transfer of the digital assets, retroactively from April 1st…
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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…
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The 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…
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The Finance Ministry, Bank of Thailand and Securities and Exchange Commission (SEC) have agreed to a plan to regulate and limit the use of cryptocurrencies as a means of paying for…
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The Bank of Thailand (BoT) has issued new 20-baht banknotes, made of polymer rather than paper, for distribution from March 24th. BOT Governor Sethaput Suthiwartnarueput, explained that they chose to…
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Volatility and security risks mean that Thailand’s Central Bank remains unconvinced about the use of digital assets to purchase goods and services, as many shops have started allowing payment using…
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Commercial 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…
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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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Thailand’s household debt, for the first quarter of this year, soared to 14.1 trillion baht, accounting for 90.5% of gross domestic product (GDP), and is increasing due to a fall…
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The Bank of Thailand has instructed commercial banks to extend, until the end of the year, debt repayment periods for small and medium-sized enterprises, to help them cope with the…
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It may have surprised many when M.R. Chatu Mongol Sonakul, a former governor of the Bank of Thailand, was picked as the leader of the Action Coalition for Thailand Party (ACT), a…
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