Tags Posts tagged with "Bank of Thailand"

Bank of Thailand

Thai Economy Grows Better Than Expected, But Election Looms

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Thailand's economy grew fastest in six years in 2018, with fourth-quarter beating expectations on higher domestic demand and record tourism arrivals. GDP rose 3.7...
Thailand raises interest rates after long hiatus

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Thailand’s central bank raised its benchmark interest rate for the first time since 2011, joining peers in the region in tightening monetary policy this...
Reports says Thailand has worst wealth distribution globally

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Thailand has overtaken Russia and India as the most unequal country in the latest survey by Credit Suisse. Two years ago, Thailand ranked third...
Thailand’s central bank seeks to prevent property bubble

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The Bank of Thailand imposed an 80-per cent loan-to-value limit on mortgages for homes worth more than ten million baht and for all second...
Thai central bank to issue state-backed digital money

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The central Bank of Thailand (BoT) revealed on August 22 plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the...
Trump’s trade war antics start worrying Thailand

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Moves of the US administration to impose new tariffs and duties on a variety of imported products leaves Thailand worrying about its potential to...
Thailand’s first cryptocurrency offering underway

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Thailand's first initial coin offering (ICO) of a cryptocurrency issued by a listed company was launched on February 14 despite unclear regulations with regards...
Thailand bans banks from dealing with Bitcoin & Co.

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The Bank of Thailand on February 12 sent a circular to banks and financial institutions and warned them not to get involved in cryptocurrency...
Thai street vendors adopt digital payment system

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Bangkok’s street hawkers, including cloth and food sellers, are joining the digital revolution as some of them started adopting new digital payment systems based...
Thai baht tumbles to six-year low versus US dollar

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Good news for Thai exporters and for those who want to buy property in Thailand, but bad news for the Thai economy as such:...
Thailand seeks direct trades in ringgit, kyat

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The Bank of Thailand is currently negotiating with Malaysia's central banking authorities on a direct exchange of both countries' currencies - the baht and...
Thailand’s GDP growth forecast cut to 1%

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Thailand's National Economic and Social Development Board (NESDB) says economic growth in 2014 will be a mere one percentage point against 2.9 per cent...
Thai economy struggles as manufacturing output declines

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Thailand's economy continued to struggle in the second quarter of 2014 amid declining growth and manufacturing activity - underscoring concerns over the junta's ability...
Thailand car sales seen plunging 31% in 2014

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Auto sales in Thailand are expected to fall 31 per cent in 2014 after months of political unrest, but sales could recover in 2015...
Measures attempted to boost Thailand’s growth to 2% in 2014

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Attempts are being made through several policies to boost Thailand’s GDP to grow by 2 per cent in 2014, said National Council for Peace...
Thai economy struggles to recover from political turmoil

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Thailand's economy continued to struggle in the second quarter of the year but appeared to grow from the first, a top central bank official...
Thailand’s GDP growth at 1.5%, central bank says

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Thailand’s gross domestic product GDP growth this year is expected to rise to 1.5 per cent, according to the Bank of Thailand (BOT) latest...
Ruling Thai general to chair country’s Board of Investment

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The ruling general of Thailand's junta which took over power on May 22, Gen Prayuth Chan-ocha, will chair a new 18-person Board of Investment...