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Tag: The Bank of Thailand (BoT)

Thai central bank to adjust GDP growth below 5.1%

BANGKOK, June 29 – The Bank of Thailand (BoT) will review the country’s economic growth, earlier forecast at 5.1 per cent, due to several...

Bank of Thailand maintains policy interest rate at 2.75%

BANGKOK, Nov 28 - The Bank of Thailand (BoT) maintained its policy interest rate at 2.75 per cent, saying the current policy rate remained...

BoT: High competition among banks benefit people

BANGKOK, 17 July 2011  - The Bank of Thailand (BoT) admitted high competition among commercial banks to give loans and seek more savings...

BoT to diversify away from US dollars

BANGKOK, 14 May 2011  – The Bank of Thailand (BoT) is diversifying its risks by holding various types of foreign currencies instead of...

BoT unconcerned over Baht fluctuation

BANGKOK, 10 May 2011  – The Bank of Thailand (BoT) is unconcerned over the current Thai baht fluctuation although the volatility is increasing...

BoT holding more gold, less US dollars

BANGKOK, 9 May 2011  – The Bank of Thailand (BoT) is one of the central banks which have been purchasing more gold and...

BoT: Populist policies could put country in debt

  BANGKOK, 26 April 2011  – The Bank of Thailand (BoT) has expressed concerns over populist policies being adopted by political parties ahead of...

BoT: Diesel subsidy policy helps tame inflation

BANGKOK, 21 April 2011 – The Bank of Thailand (BoT) has voiced its belief that the recent decision of the government to peg...

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Fire rekindles at Rayong chemical storage facility

Following a fire at a chemical storage warehouse in Rayong province which erupted two days ago, the firefighting team has revised their fire suppression...

Hot weather covering Pattaya and upper part of Thailand

The Thai Meteorological Department has revealed that there are thunderstorms in the northern, northeastern, and southern regions of Thailand. In the northern and northeastern...

Improved situation at Myanmar border, states Foreign Ministry

The Foreign Ministry discloses that the situation at the Thai-Myanmar border has improved, with no shootings in Myanmar reported within 48 hours but continuous...

Cabinet approves in principle new digital wallet scheme designed to boost economy

The Cabinet, during a meeting on Tuesday (Apr 23) approved in principle a new digital wallet scheme designed to boost the economy, as announced...

Thailand sets framework for handling border crisis

A newly formed Thai government committee convened for the first time on Tuesday (Apr 23) to outline a strategy for managing refugee inflows and...