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BoT: No NPLs in auto leasing

BANGKOK, 9 September 2013- The Bank of Thailand (BoT) remarks that car loans are still up to standards despite fierce competition among financial institutions...

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...

Competition intensifies among Thai commercial banks

BANGKOK, July 23 – Tough competition in the money market has compelled Thai commercial banks to maintain their interest rates despite the central bank’s...

BoT: Rising household debt won’t affect economy

BANGKOK, 22 July 2013 The Bank of Thailand (BoT) has reported that household debt in Thailand has increased but is confident that it will...

Bank of Thailand cuts 2013 growth forecast to 4.2%

BANGKOK, July 7 – The Bank of Thailand (BoT) has lowered its 2013 Gross Domestic Product (GDP) growth projection by 0.9 per cent to...

BoT reports more careful spending as debt worries worsen

BANGKOK, 8 July 2013 The Bank of Thailand (BoT) has indicated that Thai people are now more careful with their spending, deeming it a...

IMF warns of rising risks to Thai economy

BANGKOK, June 18 – The International Monetary Fund (IMF) warned Thailand to be prepared for inflation and vulnerability from capital flows which may add...

BoT warns Thais to prepare for future fluctuation of baht

BANGKOK, 5 June 2013 The Bank of Thailand (BoT) has warned the country regarding the fluctuation of the Thai currency, reasoning that the...

Bank of Thailand cuts policy interest rate 0.25%

BANGKOK, May 29 – The Bank of Thailand (BoT) Monetary Policy Committee (MPC) voted unanimously to reduce the policy rate by 0.25 per cent...

New financial rule to control capital inflow, outflow

BANGKOK, May 29 – Thailand's Finance Ministry has announced a move to write a new regulation to control inflows and outflows of foreign capital,...

Latest Stories

Pattaya Beach overrun by tourists during high season, residents voice concerns about city management

PATTAYA, Thailand – During this high season, Pattaya Beach has been bustling with foreign tourists enjoying the sunny weather and vibrant atmosphere. However, residents...

Pattaya sees temperature drop with strong winds this week

BANGKOK, Thailand – The Meteorological Department reports a 1-2°C temperature drop with strong winds in the Northeast, while the North, Central, Eastern, Bangkok, and...

Prime Minister assures prompt relief for residents in flood-hit southern province

NAKHON SI THAMMARAT, Thailand –  Thai Prime Minister Paetongtarn Shinawatra visited the southern province of Nakhon Si Thammarat on Tuesday (Dec 17) to assess...

Constitutional Court rejects petition alleging favoritism toward Thaksin in hospital stay on 14th floor

BANGKOK, Thailand – The Constitutional Court unanimously dismissed a petition accusing the Justice Minister and the Department of Corrections of misconduct and favoritism in...

Toyota Chairman reaffirms commitment to Thailand’s automotive industry during visit with Prime Minister

BANGKOK, Thailand – Akio Toyoda, Chairman of Toyota Motor Corporation, met with Prime Minister Paetongtarn Shinawatra at Government House to discuss the future of...