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BoT Governor: unusual withdrawal rate at 2 banks unworrisome

BANGKOK, Feb 26 – The excessive withdrawal of deposits from two specialised state-operated banks--Bt4.8 billion in 20 days--will not affect the country’s financial...

BoT says property business boom not aggressive

BANGKOK, 21 February 2013 The Bank of Thailand (BoT) said the overall property booming in Thailand is not too aggressive while those in...

Deputy PM Kittiratt blows top on threat to BoT governor

BANGKOK, Feb 8 – Deputy Prime Minister Kittiratt Na-Ranong vehemently put the brakes on rumours that political pressure has been applied on Bank...

BoT governor not pressured by Finance Min’s letter

BANGKOK, 6 February 2013 Bank of Thailand (BoT) Governor Prasarn Trairatvorakul said he is not pressured or threatened by the Finance Minister’s letter,...

BoT might allow exporters to hold foreign currencies longer

BANGKOK, 28 January 2013  Bank of Thailand (BoT) Governor Mr. Prasarn Trairatvorakul said the bank will consider allowing exporters to keep foreign currencies...

Central bank sees signs of depreciating Thai currency

BANGKOK, Jan 28 – Bank of Thailand (BoT) Governor Prasarn Trairatvorakul said today that the latest market adjustment has resulted in a weakened...

Rapidly stronger baht worries Thai central bank governor, finance minister

Bank of Thailand (BoT) Governor Prasarn Trairatvorakul expressed concern last week at the rapidly appreciating Thai currency during the past two days but...

BoT predicts easing economic risks & recovering exports in 2013

BANGKOK, 23 January 2013 The Bank of Thailand (BoT) is offering a somewhat rosy outlook for the local economy in 2013 as the global...

Central bank ready to unveil anti-currency speculation measures

BANGKOK, Jan 22 – The Bank of Thailand (BoT) is closely monitoring the movement of Thai currency and ready to apply measures, if...

All Sectors Urged to Manage Risks and Challenges for Thailand’s Healthy...

The Thai economy next year will continue to grow, but all sectors need to manage risks effectively and cope with many challenges. ...

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...