Bank of Thailand Governor Veerathai Santiprabhob said that Covid-19 had caused widespread impacts on businesses and the general public. The Bank of Thailand has ordered commercial...
Stocks at Thailand SET surged boosted by rising optimism about a waning COVID-19 coronavirus outbreak and the new economic stimulus. The benchmark SET Index rose 6.7%...
The Bank of Thailand and other financial institutions said on Wednesday they would keep as many branches open as possible to ensure business can continue during...
The Bank of Thailand has announced it has cut its policy rate to 1 percent to cope with economic woes, including the new coronavirus outbreak. The...
Thailand’s central bank has reported that is ready to take additional steps to rein in the skyrocketing Thai baht. The Bank of Thailand and the government...
Thailand’s Prime Minister Prayut Chan-o-cha has ordered authorities to immediately stabilize the baht value and control its rise. He also ordered the Finance Ministry to form...
Thailand is on track for its slowest economic growth since 2014, facing headwinds including the U.S.-China trade dispute and political uncertainty. Inflation remains well below the...
“The Bank of Thailand rate cut is as expected to provide a short-term positive sentiment to rein in the baht appreciation,” said ASP.
The central bank, he said, will also decide at the year-end whether it needs to impose a debt-service ratio limit, something that has been mooted as...
The economy expanded 6.98% in the nine months through September from a year earlier, data from the statistics office showed.
"The Bank of Thailand reported, almost 16%, or 3 million Thais, have debt payments which are 90-days past due"
The baht has shown to be the second least responsive to shock yuan moves among eight Asian currencies, a Bloomberg reports.
Thailand is now a top-ten highest household debt country among 89 countries worldwide and third highest among 29 Asian countries.
BANGKOK – The Bank of Thailand knocked the Thai baht from its perch, but the weakness could be short-lived, according to currency’s forecasters. The BoT took...
BANGKOK – The Bank of Thailand has stepped up its efforts to curb short-term speculative inflows by lowering the cap on the outstanding balance of a...
BANGKOK – Efforts by The Bank of Thailand to talk down a spike in auto loans amid wider concerns about household debt have sent a chill...
BANGKOK – Thailand’s baht’s value hit a six-year high in mid-June of 31.05 against the US dollar as rate-cut signals by the US Federal Reserve prompted...
BANGKOK – The Bank of Thailand’s think tank the Puey Ungphakorn Institute for Economic Research (Pier) has released a survey showing how state subsidies have distorted...
BANGKOK – The Bank of Thailand is facing more reasons to cut interest rates than to hike given a slowing economy and a strong currency. But...
BANGKOK – On the wake that Thailand may be added to the United States watch list on currency manipulation because of a high current account surplus,...
