The Latest Breaking News from Sethaput Suthiwartnarueput

BoT zeroes in on cash transaction fees

As digital payments increase, the Bank of Thailand is focusing on cash users by adjusting banks' fee structures.

Bangkok Post · May 1, 2023

Banks eye yuan-baht trade payments

The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.

Bangkok Post · Apr 26, 2023

BoT delays publication of virtual bank rules to Q3

The Bank of Thailand has postponed the issuance of virtual bank regulations until the third quarter of this year because it needs more time to clarify the new business licensing with related parties.

Bangkok Post · Apr 26, 2023

Mobile banking security rules toughened

Biometric scans will be required for high-value mobile banking transactions as part of measures to protect consumers from cyber-risks, according to the Bank of Thailand.

Bangkok Post · Mar 9, 2023

New directions for industry

The past three years have proven to be challenging for many people following the outbreak of the Covid-19 pandemic. Though the situation has improved, many businesses are still grappling with economic pressures, such as higher costs driven by inflation and higher energy prices, while concerns over climate change are motivating…

Bangkok Post · Jan 1, 2023

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

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

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

Popping off on populist pledges

With Thailand expected to hold a general election next year, political parties have kicked off their campaigns offering promises to appeal to voters.

Bangkok Post · Dec 11, 2022