The Latest Breaking News from Bank of Thailand

BoT: Government change not a factor in rate policy

The Bank of Thailand says there is no need to wait and see what policies are formulated by the new government before deciding whether or not to raise interest rates further.

Bangkok Post · Jun 8, 2023

State banks raise deposit, loan rates after BoT hike

State banks are increasing their interest rates following the Bank of Thailand's policy rate hike.

Bangkok Post · Jun 7, 2023

BoT urges upgrade of Thailand's durian production

Thailand needs to improve its durian production to remain the top exporter amid tougher competition over the next five years, according to a Bank of Thailand report.

Bangkok Post · May 29, 2023

Banks tell users: Put on your best face

Banks have notified customers to be ready to authenticate their identities by scanning their faces on their mobile devices when conducting three types of mobile financial transactions, as part of the Bank of Thailand's strategy to prevent financial fraud.

Bangkok Post · Apr 26, 2023

Bank of Thailand chief sees risks from political promises

Thailand’s central bank governor said the nation’s main political parties are trying to woo voters with policies that could undermine the country’s longer-term economic health.

Bangkok Post · Apr 24, 2023

Growth forecast this year still 3.6%: Bank of Thailand

Thailand's economy is still seen growing at 3.6% this year, the central bank chief said on Monday, in spite of some turbulence in the first half of the year.

Bangkok Post · Apr 24, 2023

BoT stresses post-election policy coordination

The Bank of Thailand (BoT) says it is ready to work with the new government on coordinating fiscal and monetary policies now that most stimulus measures introduced during the Covid-19 pandemic are being wound down.

Bangkok Post · Apr 12, 2023

BoT to continue with gradual approach

Bank of Thailand policy makers backed continuing their gradual and measured approach as they raised interest rates last month, minutes of their meeting showed, citing risks that inflation could stay higher for longer than expected.

Bangkok Post · Apr 12, 2023

Economy expected to grow 3.6% this year - central bank

Thailand's economy is expected to grow 3.6% this year, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on TV channel JKN-CNBC on Monday.

Bangkok Post · Apr 10, 2023

Fitch expects growth to be restricted to 3% this year

The Thai economy is set to expand by only 3% this year, well below the Bank of Thailand's forecast of 3.6%, due to rising risks of a deeper slowdown in the global economy stemming from increasing uncertainty and banking stresses in the US and Europe, said Fitch Solutions.

Bangkok Post · Apr 3, 2023