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Bank of Thailand weighs up interest rate changes

BANGKOK, 22 February 2014 The Bank of Thailand Governor Prasarn Trairatvorakul has revealed after a meeting in Australia, that the Central Bank considers that...

Central bank predicts gloomy economy in first half of 2014

Thailand’s economic policy will be disrupted, with direct and indirect impact on the economy and state investments, if the political stalemate prolongs until the...

Central bank predicts slower Thai economic growth next year

BANGKOK, Dec 13 – Political turmoil and a leadership vacuum will pose a long-term and severe impact on the Thai economy, the Bank of...

Govt injecting new economic stimulus

The government decided today to inject an additional stimulus to revive Thailand’s sagging economy, due to the month-long political turmoil. Teerat...

Bank of Thailand affirms no unusual cash flow being moved out...

BANGKOK, 2 December 2013 Governor of the Bank of Thailand (BOT) Prasarn Trairatvorakul affirmed that there has been no unusual cash outflow from...

Bank of Thailand forecasts GDP growth at less than 3%

BANGKOK, 2 December 2013 (NNT) — Governor of the Bank of Thailand (BOT) Prasarn Trairatvorakul stated that this year’s GDP forecast would be less...

BoT: Protests directly affect economy

BANGKOK, 1 December 2013 The Bank of Thailand (BoT) has expressed its concerns over the current political rallies, saying they directly affect consumer confidence,...

Central bank chief: Political uncertainty damaging Thai economy

BANGKOK, Nov 11 – Thailand’s political conflicts and continued instability have begun to diminish the confidence of tourists, consumers and the business sector, according...

Special Report: Thai economy left intact after US government shutdown

Thai and other stock markets have risen on hopes that the United States will reach a deal on raising its debt ceiling.  ...

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Tourist attacked by homeless man in Pattaya, CCTV footage released as warning

PATTAYA, Thailand – A disturbing incident occurred in the heart of South Pattaya when a Taiwanese tourist was viciously attacked by a homeless man...

Songkran in Pattaya ends, clean-up efforts continue

PATTAYA, Thailand – The much-awaited Songkran festivities in Pattaya have officially come to a close, but the efforts to restore the city to its...