Thailand’s Bank of Ayudhya reports the baht’s value is anticipated to surge past the 30-per-dollar mark next year driven by Thailand’s huge current account surplus and...
Thailand relaxed rules on capital outflows and will increase scrutiny of fund flows into bonds to help cool a rally of the Thai Baht that threatens...
The Bank of Thailand has intervened in a bid to stem a rise in the Thai baht because the currency has appreciated too fast and impacted...
The government of Thailand has ordered the Bank of Thailand (BoT) to slow down a resent rally in the Thai Baht. The resent rally of the...
Police in Northeastern Thailand have arrested a former bank clerk on a charge of cheating bank customers out of more than 10 million baht through a...
The Bank of Thailand has issued digital personal loan regulations, paving a path for consumers with no financial statements to better access financial services. The Bank...
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...
