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.
Governor of the Bank of Thailand (BoT) Veerathai Santiprabhob said on July 20 that it will take several years for foreign tourist numbers to return to the 40 million level.
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.
Prime Minister Nguyen Xuan Phuc expressed his hope for stronger ties between the Vietnamese and Thai banking systems while receiving Governor of the Bank of Thailand (BoT) Veerathai Santiprabhob in Hanoi on August 5.
Governor of the Bank of Thailand (BoT) Veerathai Santiprabhob has raised concerns about economic impact of a possible delay in the formation of a new government.
Asia has strong fundamentals for long-term growth despite trade tensions, dollar strengthening and demographic challenges casting a shadow on the outlook for strong global growth.
Thailand does not intervene with foreign exchange rates to gain competitiveness in trade, the local central bank’s chief was quoted by Asian Nikkei Review as saying.
The Bank of Thailand (BOT) has said that crypto currencies are not legal tender and it will join hands with the Anti-Money Laundering Office to prevent the illicit use of virtual currency bitcoin.
The Bank of Thailand (BOT) has announced that its strategy for 2018 is to use new technologies to achieve faster and more convenient financial transactions.
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