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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

Everyone passes the buck on paying for emergency medical treatment in Thailand

The unfortunate British tourist Pamela Gatehouse is facing medical and repatriation costs of around 80,000 pounds (3 million baht) and much more if a...

Heavy rainfall hits Pattaya at night, flooding busy residential roads

PATTAYA, Thailand – Pattaya experienced heavy rainfall, leading to localized flooding in several areas at 9 PM on February 22. Residents in Soi Khao...

Theft on Hotel Way Out – Woman arrested for stealing ATM card from British...

PATTAYA, Thailand – Police officials arrested 54-year-old Nang Kham Pakham at a restaurant near the entrance of Jomtien Soi 4, who was found to...

Police raid ‘Gang 38’ hideout in Pattaya, seize weapons after brawl and explosion incident

PATTAYA, Thailand – A police operation has led to the arrest of a 16-year-old boy and five other youths, following a violent clash between...

Shocking video captures Thai man chasing foreign tourist with knife in Jomtien, Pattaya

PATTAYA, Thailand – A disturbing video has gone viral on social media showing a terrifying encounter in Jomtien, Pattaya, where a Thai man, armed...