Central bank extends ‘Asset and Debt Moratorium’ programme till yearend 2027
IN A move to help businesses cope with economic downturn and the ongoing uncertainty in the Middle East the Bank of Thailand (BOT) today (July 17) extended the “Asset and Debt Moratorium” programme launched for five years in 2021 when Covid-19 pandemic triggered liquidity problems till the end of 2027, PPTVHD36 said. Central Bank […]
Read MoreThai central bank raises economic outlook, holds rates as expected
By Reuters and published by CNA THAILAND’S central bank upgraded its economic growth forecasts on Wednesday (June 24), signalling a modest improvement in the outlook after it held interest rates steady for a second straight meeting. The Bank of Thailand (BOT) said it expected economic growth to come in at 2.3 percent this year, […]
Read MoreThai central bank unexpectedly cuts policy rate amid tariff uncertainty
By Reuters and published by CNA THAILAND’S central bank unexpectedly cut its policy interest rate at a review on Wednesday (Feb. 25), as it seeks to further support an economy pressured by US tariff uncertainty and a strong baht. The Bank of Thailand’s monetary policy committee voted 4-2 to cut the one-day repurchase rate […]
Read MoreRobber douses bank manager with petrol but is subdued
A DRAMATIC bank robbery took place in Samut Prakan this afternoon (Feb. 16) with a lone robber walking into a bank at a popular shopping mall and doused the manager with petrol then demanded 5 million baht in cash or else he would set her alight but she managed to free herself while a […]
Read MoreRobber douses bank manager with petrol but is subdued
A DRAMATIC bank robbery took place in Samut Prakan this afternoon (Feb. 16) with a lone robber walking into a bank at a popular shopping mall and doused the manager with petrol then demanded 5 million baht in cash or else he would set her alight but she managed to free herself while a […]
Read MoreThai gold traders with at least 10 billion baht in annual transactions must report to central bank
By Reuters and published by CNA THAI gold traders with average annual transactions of at least 10 billion baht ($320.72 million) over the past five years must report their activities to the central bank, according to the official Royal Gazette. They also need to keep transaction records for at least three years, it said […]
Read MoreThai central bank cuts key rate by 25 bps, as expected
By Reuters and published by CNA THAILAND’S central bank lowered its key interest rate by a quarter point on Wednesday (Aug. 13), its fourth cut in 10 months as it looks to support a sluggish economy grappling with negative inflation and the impact of US tariffs. The Bank of Thailand’s monetary policy committee unanimously […]
Read MoreFour candidates confirm applications for Bank of Thailand Governor
By Reuters and published by CNA A UNIVERSITY dean, a board member at the state planning agency and the head of a state bank are among the seven candidates to Thailand’s next central bank governor, with the selection committee to prepare a shortlist over the next month. By Thursday (June 5), four people had […]
Read MoreLawyer says Kittiratt unqualified to be central bank board chairman
A THAI lawyer, Mr. Chow Meekhuad, said in a Facebook post today (Nov. 12) that newly-chosen Bank of Thailand board chairman Kittiratt Na Ranong is unqualified for this key position having been an adviser to former prime minister Srettha Thavisin and while this not a political post, that it was stated that his duty […]
Read MoreKittiratt selected central bank board chair
By Naewna and Reuters – published by Yahoo!News A SEVEN-MEMBER committee independent of the Bank of Thailand today (Nov. 11) selected former deputy premier and finance minister Kittiratt Na Ranong, 66, chairman of the central bank board amid objections by hundreds of academics, members of Economics for Society group and followers of highly-revered late […]
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