The Latest Breaking News from Bank of Thailand

The cabinet on Tuesday approved a law to allow the Bank of Thailand to regulate the business of leasing cars and motorcycles to strengthen consumer protection and tackle household debt, the Ministry of Finance said.

The Bank of Thailand vows to closely monitor baht volatility to maintain the competitiveness of the country's imports and exports amid an economic recovery.

The Bank of Thailand says it wants to see household debt levels below 80% of gross domestic product to help reduce economic and financial risks.

Logically, one would imagine that 2023 would be a much better year than 2022. Covid is over in every corner of the earth and economic activities resume. The world oil price is below US$80 (2,677 baht) per barrel and inflation is coming down. At the first meeting of 2023, the…

Bank of Thailand policy makers stuck by a pledge that monetary tightening should be gradual and measured, but noted it could be adjusted should the growth and inflation outlook change, minutes of their last meeting show.

The Bank of Thailand will support vulnerable debtors to help them deal with the impact of rising interest rates, a deputy governor said on Tuesday.

Picking up a phone call from a stranger or downloading a malicious app can make life miserable for people who fall prey to call centre gangs or online scammers who have developed several tactics to fleece victims.

A higher risk of slowing exports amid a global economic slowdown will pressure Thai economic growth this year, despite positive growth of the tourism sector, says an executive of the Bank of Thailand.

The economy continued to recover in December, boosted by increased tourism and domestic consumption, while exports were affected by the slowing economies of trading partners, the Bank of Thailand said on Tuesday.