The Latest Breaking News from Bank of Thailand

Have we missed the crypto boat?

Although Thailand has banned the use of digital assets to pay for goods and services, some organisations think they may still be used as a future alternative currency.

Bangkok Post · Apr 17, 2022

Economy to continue recovery, but risks increase - BoT minutes

The economy will continue to recover, driven by improving local demand and foreign tourist numbers, as recent negative shocks have had a limited impact on recovery, according to minutes of the Bank of Thailand (BoT)'s last policy meeting.

Bangkok Post · Apr 12, 2022

Bank of Thailand chief says growth a bigger worry than inflation for now

The Bank of Thailand (BoT) will focus monetary policy efforts on shoring up sluggish growth in Southeast Asia'a second-largest economy, its chief said on Monday, even as surging global price pressures force its peers to raise interest rates.

Bangkok Post · Apr 11, 2022

Bank of Thailand upbeat on Q1 rebound

The Bank of Thailand assesses the economy as being on a recovery path in the first quarter this year, supported by the export and tourism sectors despite several uncertainties.

Bangkok Post · Mar 31, 2022

BoT balloons inflation view to 4.9%

The Bank of Thailand (BoT) skyrocketed its inflation rate forecast for this year to 4.9% from 1.7% because of energy and food price surges attributed to supply shock from the Russia-Ukraine war.

Bangkok Post · Mar 30, 2022

Bank of Thailand holds rate while warning inflation breaching target

The Bank of Thailand left its key interest rate unchanged on Wednesday, as expected, maintaining support for a fragile economic recovery facing global risks.

Bangkok Post · Mar 30, 2022

Economic outlook turns dour as committee meets

All eyes are on the Bank of Thailand as rising inflation, spiking energy prices, a weakened baht and the impact of the war in Ukraine could all combine to influence a revision of key economic figures, especially GDP growth and interest rates, at the central bank's rate-setting committee meeting on…

Bangkok Post · Mar 29, 2022

Poll: Bank of Thailand to keep steady policy hand as growth trumps inflation

The central bank will not raise interest rates from a record low for more than a year in a bid to support an economy still struggling to recover from the pandemic despite a jump in inflation, a Reuters poll found.

Bangkok Post · Mar 28, 2022

Central bank plans rules on virtual banks, open banking

The Bank of Thailand (BoT) said on Friday it is planning new policy guidelines for the banking sector, including virtual banks and open banking, for later this year.

Bangkok Post · Mar 25, 2022

BoT eyes higher bank capital reserves

The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.

Bangkok Post · Mar 24, 2022