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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,...

Latest Stories

Pattaya’s gay celebrations have huge commercial investment

PATTAYA, Thailand - June 2024 is slated to be Thailand’s biggest ever pride event with making money the key element. Central Pattana (CPN), which...

AMCHAM hosts networking and business events in Pattaya and on the Eastern Seaboard

PATTAYA, Thailand - The American Chamber of Commerce in Thailand (AMCHAM) hosted a series of prominent events on the Eastern Seaboard, providing unparalleled networking...

Pattaya mayor warns of social media impersonation after accounts copied

PATTAYA, Thailand - Mayor Poramet Ngampichet has issued a warning to residents to be cautious after discovering that his social media accounts on Facebook,...

Angry biker assaults bus driver at entrance to Colosseum Show Pattaya

PATTAYA, Thailand - An angry young biker punched an elderly microbus driver after a collision at the entrance of the Colosseum Show Pattaya on...

Drug dealer shot in gunfight with police on Jomtien Second Road

PATTAYA, Thailand - A suspected drug dealer was shot and injured during a chase and gunfight in Jomtien on May 23. The incident occurred...