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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

Street fights in Pattaya why violence keeps erupting and where the police are when...

PATTAYA, Thailand – Incidents like the latest street assault involving an intoxicated foreign tourist are no longer shocking in Pattaya — they are disturbingly...

Why foreign prostitutes keep returning to Pattaya Beach and why arrests are likely to...

PATTAYA, Thailand – Despite periodic crackdowns by authorities, Pattaya Beach remains stuck in a familiar cycle: arrests are made, headlines are issued, and within...

In Pattaya money never breaks your heart and tourists are honest about love

PATTAYA, Thailand – On Valentine’s Day, Pattaya puts on a familiar show: couples strolling along the beach at sunset, roses on café tables, and...

Investor confidence soars as foreign capital floods Thailand at five-year high

PATTAYA, Thailand – Thailand’s Department of Business Development announced that Thailand attracted over THB 324 billion (US$10.4 billion) in foreign investment last year –...

Pattaya braces for isolated thunderstorms as cool morning fog lingers in upper Thailand

PATTAYA, Thailand – The Thai Meteorological Department reported that Pattaya and surrounding areas in the eastern region will see isolated thunderstorms, while northern and...