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BoT: No NPLs in auto leasing

BANGKOK, 9 September 2013- The Bank of Thailand (BoT) remarks that car loans are still up to standards despite fierce competition among financial institutions...

Thai Central Bank: 4% GDP suitable, more stimulus unnecessary

BANGKOK, July 30 – The Thai economy will successively expand and the forecast gross domestic product of 4 per cent for this year is...

Competition intensifies among Thai commercial banks

BANGKOK, July 23 – Tough competition in the money market has compelled Thai commercial banks to maintain their interest rates despite the central bank’s...

BoT: Rising household debt won’t affect economy

BANGKOK, 22 July 2013 The Bank of Thailand (BoT) has reported that household debt in Thailand has increased but is confident that it will...

Bank of Thailand cuts 2013 growth forecast to 4.2%

BANGKOK, July 7 – The Bank of Thailand (BoT) has lowered its 2013 Gross Domestic Product (GDP) growth projection by 0.9 per cent to...

BoT reports more careful spending as debt worries worsen

BANGKOK, 8 July 2013 The Bank of Thailand (BoT) has indicated that Thai people are now more careful with their spending, deeming it a...

IMF warns of rising risks to Thai economy

BANGKOK, June 18 – The International Monetary Fund (IMF) warned Thailand to be prepared for inflation and vulnerability from capital flows which may add...

BoT warns Thais to prepare for future fluctuation of baht

BANGKOK, 5 June 2013 The Bank of Thailand (BoT) has warned the country regarding the fluctuation of the Thai currency, reasoning that the...

Bank of Thailand cuts policy interest rate 0.25%

BANGKOK, May 29 – The Bank of Thailand (BoT) Monetary Policy Committee (MPC) voted unanimously to reduce the policy rate by 0.25 per cent...

New financial rule to control capital inflow, outflow

BANGKOK, May 29 – Thailand's Finance Ministry has announced a move to write a new regulation to control inflows and outflows of foreign capital,...

Latest Stories

Polish national arrested in Pattaya for alleged theft from Chiang Mai cannabis farm

PATTAYA, Thailand - A Polish national was arrested in Pattaya on charges of stealing 22 LED Grow Light panels from a cannabis farm in...

Kratom vendor seriously injured in drive-by shooting in Sri Racha

SRI RACHA, Thailand - A woman was critically injured after being shot by an unknown assailant at her kratom drink stall near Rajamangala University...

Engineer injured in fall through ceiling at a mall in Pattaya

PATTAYA, Thailand - An engineer sustained back injuries on July 25 after falling through the ceiling of a shopping mall in Central Pattaya during...

Motorcyclist nearly strangled by low-hanging cable on Chonburi bypass road

CHONBURI, Thailand - A motorcyclist narrowly escaped death on July 25 when a low-hanging cable wrapped around his neck on the Bypass Road heading...

Two Chinese tourists injured in collision with drunken Thai biker in Jomtien

PATTAYA, Thailand - Two Chinese tourists were injured on the night of July 25 when the motorcycle they were riding was struck by a...