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Fed downsizes QE, Thai baht weakens

The US Federal Reserve has decided to cut its quantitative easing (QE) volume by US$10 billion, effective in April - a move that consequently...

Bank of Thailand says 2014 GDP might not have to be...

BANGKOK, 22 February 2014  Director of the Bank of Thailand's Monetary Policy Department, Mrs. Roong Mallikamas, revealed that the Bank of Thailand is closely...

Thai financial institutions system back to normal after massive withdrawals

BANGKOK, Feb 21 – A run of massive withdrawals of deposits at the Government Savings Bank (GSB) have ended and Thailand’s financial institutions system...

BoT reveals 2013 economic forecasts were as predicted

BANGKOK, 18 February 2014  The Bank of Thailand (BoT) has revealed that the country’s 2013 economic figures expanded in line with its analysts’ previous...

Thai baht weakest in three years

BANGKOK, Jan 2 – Thailand's baht depreciated to Bt32.94 against the dollar today, the weakest in three years, due to the unfavourable economic, investment...

Central bank forecasts sluggish consumption, economy

BANGKOK, Nov 30 – The political conflicts have wreaked havoc on Thailand’s economy which saw declining domestic consumption, business confidence, private investment and exports,...

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Pattaya Retirees: Lucas Vanlaar

“Between a rock and a hard place” PATTAYA, Thailand - At 76, Australian retiree Luke Vanlaar (born in Holland) has been settled in Jomtien just...

Pattaya enhances public amenities with new state-of-the-art Toilet Buses

PATTAYA, Thailand - Pattaya City is tackling the shortage of public restrooms by acquiring six new mobile units, with the arrival of the first...

Pattaya launches electric baht-buses to tackle long-term pollution

PATTAYA, Thailand - In a bid to revolutionize public transportation and combat pollution, Pattaya City took a significant step forward on April 25 with...

Thailand’s declining birth rate sparks future population concerns

PATTAYA, Thailand - The Paediatric Society of Thailand has sounded the alarm over a troubling trend where the number of births in Thailand has...

Immigration police raid nets 21 Myanmar nationals in Pattaya

PATTAYA, Thailand – Chonburi Immigration Police conducted a raid on two rented rooms in Soi Khopai South Pattaya on April 24, following reports of...