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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.  ...

Thailand analyses impact of US government shutdown

BANGKOK, Oct 2 – Prime Minister Yingluck Shinwatra was assured today that the US government shutdown, which would probably affect the third quarter (Q3)...

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Officials fear Pattaya and Phuket are overcrowded hotspots

The Federation of Thai Tourism Associations has formally warned the Thai government that overtourism is now at crisis point. With projections that the calendar...

Swiss man critically injured in Pattaya scooter collision; police inaction criticised

PATTAYA, Thailand - A 73-year-old Swiss citizen is in critical condition after his electric three-wheel scooter was struck by a white Isuzu car at...

Survey reveals common summer ailments amid rising heat concerns

PATTAYA, Thailand - The Thailand Department of Health has unveiled findings from a comprehensive survey shedding light on prevalent health issues faced by individuals...

Pattaya communities unite to preserve Kong Khao tradition

PATTAYA, Thailand - The Pattaya and Naklua communities joined hands to uphold the cherished tradition of "Kong Khao," or rice mound procession. Spearheaded by...

Firefighters withdrawn from chemical warehouse fire scene in Rayong

Firefighters have been withdrawn from the scene of a fire at chemical warehouses in Rayong province, following chemical tank explosions on Monday. The fire at...