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Central bank announces new PromptPay’s online money transfer fee rates

The Bank of Thailand has announced the rate of electronic money transfer through PromptPay system between legal entities. The basic fee of online money transfer...

Growth is likely to stay below 3.2%

The central bank is concerned that the country's economy may grow less than 3.2% this year, attributing Brexit and the ongoing clampdown on zero...

Kittiratt urges BoT to revise monetary policy

BANGKOK, 9 August 2012  – Mr. Kittiratt Na-Ranong, Deputy Prime Minister and Minister of Finance, has urged the Bank of Thailand (BoT) to...

Tourism industry continues to expand despite Eurozone debt crisis

BANGKOK, 1 August 2012  – The central bank has assured that the tourism industry has continued to expand despite the financial crisis in...

BoT sets up committee to tackle revenue loss

BANGKOK, 10 July 2012  – The Bank of Thailand (BoT) has set up a committee to supervise its financial status and solve the current...

BoT warns Thai economy to keep an eye on possible hits...

BANGKOK, 7 July 2012 – The central bank has warned of possible hits that Thailand may encounter as the Eurozone debt crisis continues unresolved....

BoT: Bigger list of price-controlled items only offers short-term effect on...

BANGKOK, 12 May 2012 – The central bank has pointed out that the government’s moves to rein in consumer goods prices will only...

BoT: Overseas investment reaches THB299 billion in Q1

BANGKOK, 8 May 2012 – The Bank of Thailand (BoT) has reported that Thai investors have spent as much as 299 billion baht...

BoT to adjust GDP target after 2012 growth plunged heavily

BANGKOK, 23 February 2012  - The central bank is set to revise its 2012 GDP growth target after official reports showed Thai economy shrank...

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Thailand, the “Sick Man of Asia”?

A Funeral Buffet That Tells a Different Story From time to time, Thailand is described in foreign commentary as the sick man of Asia a...

Pattaya Deputy Mayor inspects school lunch program, reaffirms focus on student nutrition and well-being

PATTAYA, Thailand – Deputy Mayor Kritsana Boonsawat led a site visit to Pattaya City School 8 to inspect the city’s school lunch program, underscoring...

Pattaya tightens grip on beach and Walking Street order as Deputy Mayor demands strict...

PATTAYA, Thailand – Pattaya City is stepping up efforts to restore order and protect its tourism image, as Deputy Mayor Wuthisak Rermkijjakarn chaired a...

Vietnamese man arrested at Suvarnabhumi with rhino horns in wildlife trafficking bust

PATTAYA, Thailand – Thai authorities arrested a 36-year-old Vietnamese man at Suvarnabhumi Airport on Monday after an X-ray scan revealed six rhinoceros horns weighing...

Chonburi residents demand vote recount, vow to escalate protests over transparency concerns

PATTAYA, Thailand – A growing crowd of local residents gathered at the Chonburi Municipality Stadium on Tuesday, demanding a recount of the Constituency 1...