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BOT: Economy trending towards recovery

Bangkok - The Bank of Thailand sees a positive trend in the economy thanks to several encouraging factors. Speaking about the monetary policy report for...

Growth is likely to stay below 3.2%

The central bank is concerned that the country's economy may grow less than 3.2% this year, attributing Brexit and the ongoing clampdown on zero...

Monetary Committee maintains interest rate policy at 1.5% per year

BANGKOK - The Monetary Policy Committee (MPC) has decided to maintain the benchmark interest rate at 1.5% per year, as the Thai economy continues...

Banks set to switch to chip-based ATMs

Thailand's commercial banks nationwide will start shifting existing magnetic strip ATMs and debit cards to chip-embedded cards by next year to prevent skimming fraud....

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...