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Tag: The Bank of Thailand (BoT)

Thai central bank to adjust GDP growth below 5.1%

BANGKOK, June 29 – The Bank of Thailand (BoT) will review the country’s economic growth, earlier forecast at 5.1 per cent, due to several...

Bank of Thailand maintains policy interest rate at 2.75%

BANGKOK, Nov 28 - The Bank of Thailand (BoT) maintained its policy interest rate at 2.75 per cent, saying the current policy rate remained...

BoT: High competition among banks benefit people

BANGKOK, 17 July 2011  - The Bank of Thailand (BoT) admitted high competition among commercial banks to give loans and seek more savings...

BoT to diversify away from US dollars

BANGKOK, 14 May 2011  – The Bank of Thailand (BoT) is diversifying its risks by holding various types of foreign currencies instead of...

BoT unconcerned over Baht fluctuation

BANGKOK, 10 May 2011  – The Bank of Thailand (BoT) is unconcerned over the current Thai baht fluctuation although the volatility is increasing...

BoT holding more gold, less US dollars

BANGKOK, 9 May 2011  – The Bank of Thailand (BoT) is one of the central banks which have been purchasing more gold and...

BoT: Populist policies could put country in debt

  BANGKOK, 26 April 2011  – The Bank of Thailand (BoT) has expressed concerns over populist policies being adopted by political parties ahead of...

BoT: Diesel subsidy policy helps tame inflation

BANGKOK, 21 April 2011 – The Bank of Thailand (BoT) has voiced its belief that the recent decision of the government to peg...

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Foreign tourist found dead in Pattaya Beach incident

PATTAYA, Thailand – Pattaya City officials and police from Pattaya City Station responded to reports of a foreign man found drowned near the entrance...

Pattaya tightens city regulations following fireworks festival vendor complaints

PATTAYA, Thailand – Deputy Mayor Wuthisak Rermkijakarn chaired a meeting with the Pattaya City Administration Division to evaluate progress on prior directives and address...

Pattaya’s traffic has hit a breaking point

PATTAYA, Thailand – Spend enough time behind the wheel in Pattaya and you eventually confront a blunt truth: this city does not run on...