The Bank of Thailand (BoT) on November 30 raised its policy rate by 25 basis points for a third straight meeting, as it sought to balance between controlling inflation and supporting an economic recovery.
Thailand's economic recovery is not likely to be impacted by the global economic fluctuations, Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput said on October 4.
The Bank of Thailand (BoT) sees access to credit for businesses as a more pressing issue for the economy than interest-rate levels, and will stay focused on domestic concerns amid possible normalisation by other central banks.
The Bank of Thailand (BoT) will focus on assisting businesses, especially those severely affected by COVID-19 pandemic, to restructure their debts, the bank’s Governor Veerathai Santiprabhob said on August 21.
The Bank of Thailand (BoT) is expected to leave its key interest rate unchanged at a record low after easing monetary policy three times this year to help mitigate the economic damage from the COVID-19 pandemic, a Reuters poll showed.
Thailand’s exports fell for the fourth consecutive month in November, mainly due to lower prices of oil and agricultural products, a slowdown in the world economy, the US-China trade tensions, and rising baht.
Thailand’s new Industry Minister Suriya Juangroongruangkit has urged the Bank of Thailand (BOT) to intervene more in foreign exchange markets to help private companies suffering from the strengthening baht.
The Bank of Thailand (BoT) on May 8 held its benchmark interest rate unchanged for a third straight meeting, as widely expected, saying monetary policy remained accommodative while risks to financial stability remained.
The Bank of Thailand (BoT) is finishing the testing of facial recognition software for the electronic Know Your Customer (e-KYC) technology in the regulatory sandbox, paving the way for banks to offer passbook account opening through mobile banking apps in the second quarter of 2019.
The National Bank of Cambodia (NBC) and the Bank of Thailand (BOT) signed a Memorandum of Understanding (MoU) on cooperation in QR-code based payment scheme and financial innovation on February 3.
Thailand’s economy grew 4.8 percent in the second quarter of this year, higher than that of the first quarter and the highest level in five years, according to a report from the Bank of Thailand (BoT).
