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Bank of Thailand weighs up interest rate changes

BANGKOK, 22 February 2014 The Bank of Thailand Governor Prasarn Trairatvorakul has revealed after a meeting in Australia, that the Central Bank considers that...

Central bank predicts gloomy economy in first half of 2014

Thailand’s economic policy will be disrupted, with direct and indirect impact on the economy and state investments, if the political stalemate prolongs until the...

Central bank predicts slower Thai economic growth next year

BANGKOK, Dec 13 – Political turmoil and a leadership vacuum will pose a long-term and severe impact on the Thai economy, the Bank of...

Govt injecting new economic stimulus

The government decided today to inject an additional stimulus to revive Thailand’s sagging economy, due to the month-long political turmoil. Teerat...

Bank of Thailand affirms no unusual cash flow being moved out...

BANGKOK, 2 December 2013 Governor of the Bank of Thailand (BOT) Prasarn Trairatvorakul affirmed that there has been no unusual cash outflow from...

Bank of Thailand forecasts GDP growth at less than 3%

BANGKOK, 2 December 2013 (NNT) — Governor of the Bank of Thailand (BOT) Prasarn Trairatvorakul stated that this year’s GDP forecast would be less...

BoT: Protests directly affect economy

BANGKOK, 1 December 2013 The Bank of Thailand (BoT) has expressed its concerns over the current political rallies, saying they directly affect consumer confidence,...

Central bank chief: Political uncertainty damaging Thai economy

BANGKOK, Nov 11 – Thailand’s political conflicts and continued instability have begun to diminish the confidence of tourists, consumers and the business sector, according...

Special Report: Thai economy left intact after US government shutdown

Thai and other stock markets have risen on hopes that the United States will reach a deal on raising its debt ceiling.  ...

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French woman arrested at Perth Airport after allegedly smuggling drugs from Thailand

PERTH, Australia – Australian authorities have arrested a 31-year-old French woman after she arrived from Thailand and was found allegedly concealing illegal drugs inside...

Warehouse burns after exploding paint cans ignite pickup truck in Pattaya

PATTAYA, Thailand – A dramatic fire broke out in Naklua on June 30 after old paint cans reportedly exploded on the back of a...

Beach operators alert Pattaya officials over suspicious fuel smell from sand barge

PATTAYA, Thailand – Authorities in Pattaya were alerted on June 30 after beach operators reported a strong fuel-like smell drifting ashore, raising concerns among...

Chinese investment expands in Sriracha with massive 100-rai mixed-use development

SRIRACHA, Thailand – A large-scale Chinese-invested mixed-use development has emerged in Sriracha, Chonburi, featuring a fully integrated commercial hub with shops, restaurants, and construction...

Two foreigners arrested in Pattaya barber shop raids

PATTAYA, Thailand – Immigration police in Chonburi conducted coordinated inspections of businesses in Pattaya after receiving social media intelligence regarding suspected illegal foreign labor,...