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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)...

BoT: 2013 growth rate can hit 4%

BANGKOK, 28 September 2013 Bank of Thailand (BoT) Governor Prasarn Trairatvorakul has forecast that this year’s Thai GDP growth rate might reach 4% and...

Central bank governor sets infrastructure development as Thailand’s priority

The Bank of Thailand (BoT) today urged the government to elevate Thailand’s infrastructure so as to improve the country’s cost of living standard and...

BoT assures capital outflows, falling baht manageable

BANGKOK, Aug 28 – The Bank of Thailand (BoT) gave assurances today that Thailand's substantial international reserves can cushion the country in dealing with...

Central bank: Economy not in recession

BANGKOK, 20 August 2013 Bank of Thailand (BoT) Governor Prasarn Trairatvorakul has assured that the Thai economy is not yet in recession, saying recovery...

Finance Minister remains confident annual economy will see expansion

BANGKOK, 21 August 2013 The Ministry of Finance's Fiscal Policy Office has asserted that it is now necessary to issue economic stimulus measures, as...

Bank of Thailand chief: Thai economy remains sound

BANGKOK, Aug 21 – Thailand's central bank chief has given assurances that the country’s economy was not in recession and would spring back in...

Commercial banks told to increase their reserves as household debts rise

BANGKOK, 5 August 2013 The Bank of Thailand (BoT) has reportedly advised commercial banks to raise the amount of money in their reserves as...

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...

Latest Stories

The 51-49 nominee model leaves foreign investors as the real victims

PATTAYA, Thailand - Recently, Thai lawyers and accounting firms have come under intense scrutiny from state authorities following a collaborative crackdown by government agencies...

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...