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BoT Governor: unusual withdrawal rate at 2 banks unworrisome

BANGKOK, Feb 26 – The excessive withdrawal of deposits from two specialised state-operated banks--Bt4.8 billion in 20 days--will not affect the country’s financial...

BoT says property business boom not aggressive

BANGKOK, 21 February 2013 The Bank of Thailand (BoT) said the overall property booming in Thailand is not too aggressive while those in...

Deputy PM Kittiratt blows top on threat to BoT governor

BANGKOK, Feb 8 – Deputy Prime Minister Kittiratt Na-Ranong vehemently put the brakes on rumours that political pressure has been applied on Bank...

BoT governor not pressured by Finance Min’s letter

BANGKOK, 6 February 2013 Bank of Thailand (BoT) Governor Prasarn Trairatvorakul said he is not pressured or threatened by the Finance Minister’s letter,...

BoT might allow exporters to hold foreign currencies longer

BANGKOK, 28 January 2013  Bank of Thailand (BoT) Governor Mr. Prasarn Trairatvorakul said the bank will consider allowing exporters to keep foreign currencies...

Central bank sees signs of depreciating Thai currency

BANGKOK, Jan 28 – Bank of Thailand (BoT) Governor Prasarn Trairatvorakul said today that the latest market adjustment has resulted in a weakened...

Rapidly stronger baht worries Thai central bank governor, finance minister

Bank of Thailand (BoT) Governor Prasarn Trairatvorakul expressed concern last week at the rapidly appreciating Thai currency during the past two days but...

BoT predicts easing economic risks & recovering exports in 2013

BANGKOK, 23 January 2013 The Bank of Thailand (BoT) is offering a somewhat rosy outlook for the local economy in 2013 as the global...

Central bank ready to unveil anti-currency speculation measures

BANGKOK, Jan 22 – The Bank of Thailand (BoT) is closely monitoring the movement of Thai currency and ready to apply measures, if...

All Sectors Urged to Manage Risks and Challenges for Thailand’s Healthy...

The Thai economy next year will continue to grow, but all sectors need to manage risks effectively and cope with many challenges. ...

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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...