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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...

Latest Stories

Pattaya’s ‘Smart’ pedestrian crossing fails its own test as mayor attempts to use it

PATTAYA, Thailand – A high-profile safety demonstration turned into an awkward reality check this week when Mayor Poramet Ngampichet personally attempted to cross the...

Trat tourism unshaken as operators and TAT say border tensions haven’t affected visitor confidence

PATTAYA, Thailand – The president of the Trat Hotels and Resorts Association, together with the Tourism Authority of Thailand (TAT) Trat Office, has confirmed...

Single travelers don’t care much whether the baht is expensive but Thailand’s economy should

PATTAYA, Thailand –Thailand’s currency continues to defy economic gravity, strengthening even as exports cool, household debt climbs, and purchasing power among ordinary Thais weakens....

Foreigners say Pattaya’s traffic laws feel ignored while police focus mainly on tourists

PATTAYA, Thailand – For many long-term foreign visitors, Pattaya’s roads have become a symbol of everything that feels chaotic, inconsistent, and selectively enforced about...

Pan Pan Italian Food at 2 locations in Pattaya

The name Pan Pan and Italian food has been well known in Pattaya since 1976. Classic Italian kitchen specialising in pasta, meats and pizzas...