Keyword: "Bank of Thailand"

The central bank has said the Thai economy might have grown about 3% annually in the second quarter of 2025 but would feel the impact of US tariffs and weakening consumption later this year.

The Bank of Thailand's Monetary Policy Committee voted 5-2 to reduce the one-day repurchase rate by 25 basis points to 1.75%, the lowest level in two years.

Thai Prime Minister Paetongtarn Shinawatra has called on the Bank of Thailand to lower interest rates in a bid to ease financial pressures on the public.

The Bank of Thailand initially reported 10 verified illegal apps offering personal loans, including Fineasy and Happy Loan, to the Personal Data Protection Committee (PDPC) under the Digital Economy and Society (DES) Ministry.

Thailand's inflation is expected to reach 1.1% this year, aligning with the Bank of Thailand (BOT)’s target range of 1-3%.

The Thai Chamber of Commerce (TCC) has said it backs the decision by the Bank of Thailand, the country's central bank, to maintain the policy interest rate at 2.25%, considering the move as suitable for a reviving economy.

Thailand's economy improved in October due to tourism, exports and private consumption, which was helped by the government's economic stimulus measures, according to the Bank of Thailand (BoT).

The Bank of Thailand (BoT) on October 16 unexpectedly cut its key interest rate for the first time in four years, in reply to an appeal by the government to revive a sluggish economy with inflation below target.

A rapid appreciation of the Thai baht (THB) is hitting exports and tourism, the Bank of Thailand has said.

The Thai baht (THB) has gained to its strongest level in 30 months as China's stimulus boosted risk assets globally, adding pressure on the Bank of Thailand (BoT) to act to curb its rally.

The Bank of Thailand is monitoring the movement of the THB as it strengthens against the USD, in line with several major regional currencies, influenced by both internal and external factors.

The Bank of Thailand (BoT) kept its key interest rate unchanged at a meeting on August 21 as widely expected, despite a sluggish economy and uncertain fiscal policy after the Constitutional Court removed Prime Minister Srettha Thavisin from office last week.

The Bank of Thailand (BoT) has launched the "Financing the Transition" initiative in collaboration with eight commercial banks.

The Bank of Thailand (BoT) plans to further relax foreign exchange regulations to facilitate business operations and strengthen the country's foreign exchange ecosystem in the long run, reported local media.

The Bank of Ayudhya PCL (Krungsri) of Thailand on July 5 launched cross-border QR payment services for Thai tourists visiting Laos via its app, becoming the first Thai commercial bank to offer the service.

The Bank of Thailand (BOT) expects the economy will start stabilising from the third quarter thanks to accelerated growth and the potential to meet the 2.6% expansion target for 2024.

The Bank of Thailand estimates that the country grew by just 1% in the first quarter on both a quarterly and annualised basis, reported the Bangkok Post.

The Bank of Thailand (BoT) said it has intervened in currency markets at times to ease any excessive moves in the THB, adding that the current policy rate is robust and conducive to economic recovery, reported the Bangkok Post.

Although the Bank of Thailand (BoT)'s revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of the government’s stimulus to ignite the economy is questioned, local media reported.

The Bank of Thailand (BoT) raised its key interest rate to a nine-year high on August 2, amid concerns about possible inflation and political instability.