Baht at 9-month high worries exporters Gains in the baht, Asia’s best performer in the past six months, are frustrating exporters and many businesses that say the strong currency is hurting them. Bangkok Post · Jan 11, 2023
GH Bank keen to target the wealthy segment Government Housing Bank (GH Bank) wants to tap wealthy customers by offering high-value savings lotteries, aiming to become a new choice for people looking to diversify investment risk and earn a decent return amid a possible global recession and high inflation rate. Bangkok Post · Jan 6, 2023
China optimism lifts Asian equities RECAP: Asian equities advanced on Friday amid hopes for China's emergence from the pandemic and an economic lift from renewed travel from the mainland. Bangkok Post · Jan 6, 2023
KTB, AIS eyeing virtual bank State-owned Krungthai Bank (KTB) has partnered with leading telecom operator Advanced Info Service (AIS) on a plan to jointly invest in a virtual bank, aiming to serve both existing and new customers, says KTB president Payong Srivanich. Bangkok Post · Jan 5, 2023
Tiptoeing through the minefield 2023 should be the first time in three years Thailand can fully return to normal practices after Covid-19 was downgraded to endemic in October 2022. Yet busineses still need to stay alert to several obstacles on the horizon. Bangkok Post · Dec 30, 2022
Household debt ratio eases slightly The country’s household ratio eased to 86.8% of gross domestic product in the third quarter from 88.1% in the previous quarter, the Bank of Thailand said on Friday, as the economy continued to recover. Bangkok Post · Dec 30, 2022
Year of tighter regulations Throughout 2022 digital asset businesses were under scrutiny from the Securities and Exchange Commission (SEC), imposing several new regulations to mirror the international market, with the objective of improving investor protection. Bangkok Post · Dec 29, 2022
Long arm of the law affects all With the economy on a recovery path, 2022 offered a roadmap for various industries to grow and cash in on near-term opportunities. For some sectors, a lack of supervision stymied potential development. As new rules are imposed and others expire, businesses and individuals need to adapt because the government is… Bangkok Post · Dec 29, 2022
Current account deficit of $400m reported in November The country recorded a current account deficit US$400 million in November after a revised surplus of $600 million the previous month, the Bank of Thailand said on Thursday. Bangkok Post · Dec 29, 2022
A turbulent economic ride The spotlight in the business sector this year has been on policy rate hikes, the revival of tourism and the telecom mega-merger. Bangkok Post · Dec 27, 2022
Central bank upbeat on long-term growth The Bank of Thailand expects the economy to continue to align with potential growth projections for the next two years, then strengthen in the longer term. Bangkok Post · Dec 19, 2022
Global financial markets face more uncertainties in 2023 Financial markets worldwide face higher uncertainties next year because of the tight monetary policies of key central banks and decelerating global economic growth in 2023, says Bank of Thailand governor Sethaput Suthiwartnarueput. Bangkok Post · Dec 16, 2022
Economy continues to recover but faces more challenges Thailand's economy continues to recover, but faces more challenges with policy priorities to ensure a continued rebound, Bank of Thailand Governor Sethaput Suthiwartnarueput said on Friday. Bangkok Post · Dec 16, 2022
B600 minimum wage is quite doable The most debated economic topic of the month must be Pheu Thai Party's campaign promise to raise the minimum wage to 600 baht per day by 2027, from the current minimum wage of 354 baht. Bangkok Post · Dec 14, 2022
Bangkok Post · Dec 7, 2022 Local banks forecast to move this week Local banks are expected to raise interest rates this week following the Bank of Thailand's recent policy rate hike, while borrowers could face a normalisation of loan rates for next year.
Bangkok Post · Dec 7, 2022 10m foreign tourist target nears The economy remains firmly on a path towards economic recovery despite growing uncertainties from inflation, geopolitical risks and a potential global recession next year, the finance minister said on Wednesday.
Bangkok Post · Dec 2, 2022 Banks prudently mull rate adjustment Banks are taking their time before making any decision on adjusting loan rates as next year there are several risks, particularly concern about a global recession and swelling household debt, despite reports of Thailand's economic recovery.
Bangkok Post · Dec 2, 2022 Central bankers fear more volatile inflation The global economy may be headed for a new era of volatile inflation, making it even more crucial to anchor expectations about where prices are headed, top central bank governors meeting in Bangkok warned on Friday.
Bangkok Post · Nov 30, 2022 BoT hikes policy rate as recovery gathers steam The Bank of Thailand believes the country's economy will take off in the final quarter of this year and return to pre-pandemic growth levels.
Bangkok Post · Nov 29, 2022 Thai digital banking matures Thai banks score among the best for customer retention on mobile banking, alongside counterparts in the US, China, India and the UK, according to a global survey by Deloitte Consulting.
Bangkok Post · Nov 29, 2022 Applications for hotel asset warehousing scheme decrease The total number of hoteliers affected by the Covid-19 pandemic applying for the central bank's asset warehousing scheme has declined thanks to the rebound in the tourism sector, according to an executive at the Bank of Thailand (BoT).
Bangkok Post · Nov 28, 2022 One-stop centre to spur FDI in the offing The government is establishing a new one-stop service centre to stimulate foreign direct investment and outlays on international headquarters and regional offices.
Bangkok Post · Nov 20, 2022 6 festivals to brighten up your world As we get nearer to saying goodbye to 2022, Bangkok is brightening up with light installation festivals, hopefully ushering in a brighter 2023. We bring to light a list of events that will give you a sparkly buzz. Plus, there are a few selections outside the city if you need…
Bangkok Post · Nov 18, 2022 BoT frets over global conflicts, campaign pledges Bank of Thailand governor Sethaput Suthiwartnarueput said he is concerned about the impact of geopolitical conflicts and the possible risk of what he described as "strange political campaigns" on the economy.
Bangkok Post · Nov 4, 2022 TMBThanachart Bank anticipates loan interest rate rise TMBThanachart Bank (ttb) expects to increase its loan interest rates by at least 0.5-0.6% next year, in line with the Bank of Thailand's monetary policy normalisation.