The Latest Breaking News from Sethaput Suthiwartnarueput

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.

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.

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.

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…

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.

The spotlight in the business sector this year has been on policy rate hikes, the revival of tourism and the telecom mega-merger.

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.

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.

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