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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

A strong Baht, who wins, who loses and why expats are paying attention

PATTAYA, Thailand - “The baht is strengthening.” It sounds like an ordinary line from an economic report. For expats living in Thailand, it is...

Pattaya authorities enforce sidewalk rules, ticket cars blocking pedestrian paths

PATTAYA, Thailand – Pattaya municipal officers cracked down on vehicles obstructing sidewalks, issuing a ticket to a white Honda Jazz parked on South Pattaya...

Pattaya bustles with festive cheer on Christmas Eve

PATTAYA, Thailand — Pattaya came alive on Christmas Eve as tourists and locals flooded the city’s famous Walking Street, soaking up the festive atmosphere....

Foreign tourist injured in fight outside Jomtien beer bar in Pattaya

PATTAYA, Thailand — At around 2:00 a.m. on December 25, police at Pattaya City Station were notified of a brawl with injuries in front...

Foreign tourists clash in street fight along Pattaya Beach over minor bump

PATTAYA, Chonburi — A street brawl between two foreign tourists erupted along Pattaya Beach, causing alarm among onlookers and disrupting the area’s normally festive...