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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...

Central bank chief sees silver lining for Thai economy

The Thai economy will recover in the second half of this year after lethargic bouts in the first two quarters, according to central bank...

Thai GDP lowered to 4.2% responding to volatile global market

BANGKOK, July 23 – The reduction of Thailand’s 2013 gross domestic product (GDP) goal by the Monetary Policy Committee (MPC) from 5.1 per cent...

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