PM: Will keep urging central bank to cut rates
By Reuters and published by CNA PRIME MINISTER Srettha Thavisin said on Friday (Feb. 9) he will continue to urge the central bank to cut interest rates. His comments on social media platform X come just days after the Bank of Thailand left the key rate unchanged at 2.50 percent, the highest level in […]
Read MoreThailand relaxes rules on non-resident baht transactions – cenbank
By Reuters and published by CNA THAILAND’S central bank said on Tuesday (Sep. 26) it was relaxing some foreign exchange rules for non-residents to improve the ease of doing business in the country. More flexibility will be given under the non-resident qualified company (NRQC) scheme, the Bank of Thailand (BOT) said in a statement. […]
Read MoreCentral Bank rules out scamming via phone chargers
THE BANK OF THAILAND said it is not true cash has been stolen from mobile bank accounts while the handsets were being charged with suspect USB cables with this having occurred by loading applications packed with malware, Matichon newspaper said today (Jan. 18). The Central Bank had asked the Thai Bankers Association to investigate […]
Read MoreNew Year revellers throng Central World to welcome 2023
LARGE crowds of both Thai and foreign revellers packed Ratchadamri road in front of Central World shopping complex for the New Year countdown celebration that started in the evening, Thai Rath newspaper said. The event, entitled “Central World Bangkok Countdown 2023 Times Square of Asia” was organised by this shopping complex together with Tourism Authority […]
Read MoreThai central bank chief says economic engines not as strong as before
By Reuters Staff, published by Channel NewsAsia THAILAND’S economic engines may not be as strong as before and the country’s important tourism sector may take longer to normalise, its central bank governor said today (Nov. 18). Factors that will be key to future growth are the digital economy and sustainability, Bank of Thailand Governor […]
Read MoreBank of Thailand plans to its test retail digital currency
THE Bank of Thailand (BoT) plans to test its retail digital currency in the second quarter of 2022 as an alternative payment option for the public, NNT said today (August 20). BoT assistant governor Vachira Arromdee said the central bank digital currency (CBDC) will not affect monetary policy or money supply in the system. The […]
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