Thailand’s exports continue facing hurdles World

Thailand’s exports continue facing hurdles

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.
Bank of Thailand holds interest rate at 1.75 percent World

Bank of Thailand holds interest rate at 1.75 percent

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.
Thai banks to apply facial recognition technology World

Thai banks to apply facial recognition technology

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.
Thailand’s economy sees positive signs ASEAN

Thailand’s economy sees positive signs

The Thai economy continues to gain further traction from both domestic and external demand, the central bank of Thailand (BOT) said in its press release on economic and monetary conditions in August.
Thailand’s economic growth reaches five-year high World

Thailand’s economic growth reaches five-year high

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).
Thailand: Domestic demand not strong enough ASEAN

Thailand: Domestic demand not strong enough

Thailand’s economy saw an increase in external demand but domestic demand was not “sufficiently strong”, according to a minutes of the Bank of Thailand (BoT)’s latest policy meeting.