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Search Result for “Foreign exchange”

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BUSINESS

BoT nears QAB deal with Malaysians

Business, Pawee Sirimai, Published on 29/11/2017

» The Bank of Thailand expects to reach a conclusion with Bank Negara Malaysia on long-awaited Qualified Asean Banking (QAB) criteria soon, paving the way for indigenous banks in one country to operate in the other and receive similar treatment as local banks.

BUSINESS

MPC keeps policy rate unchanged at 1.5%

Business, Pawee Sirimai, Published on 09/11/2017

» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy interest rate unchanged yesterday as widely expected, saying the economy has grown at a faster pace than expected.

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BUSINESS

State banks urged to support more SMEs

Business, Pawee Sirimai, Published on 07/11/2017

» Deputy Prime Minister Somkid Jatusripitak is urging state-owned banks to play a more aggressive role in supporting small and medium-sized enterprises (SMEs).

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BUSINESS

Demand for B/E cools after defaults

Business, Pawee Sirimai, Published on 18/10/2017

» Bills of exchange (B/E) issuance continues to drop this year as companies have shifted to rely on other debt instruments after a series of B/E defaults occurred late last year, says the Thai Bond Market Association (TBMA).

BUSINESS

SEC set to tighten up B/E regulations

Business, Pawee Sirimai, Published on 12/10/2017

» The Securities and Exchange Commission (SEC) is expected to tighten its regulations on bills of exchange (B/E) by limiting the number of entities in which funds can be privately placed to no more than 10 deep-pocketed investors.

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BUSINESS

Private sector stays cautious on exports

Business, Pawee Sirimai, Published on 06/09/2017

» Thailand's top business group is keeping this year's export forecast at 3.5-4% as it remains cautious over a number of downside risks.

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BUSINESS

BoT relaxes capital curbs for flexibility

Business, Pawee Sirimai, Published on 05/09/2017

» The Bank of Thailand has further relaxed curbs on capital outflows with the goal of widening overseas investment opportunities for local investors, giving more flexibility to money changers and creating a balance of fund flows to weaken the strong baht.

BUSINESS

BoT mulls further anti-speculation steps

Business, Pawee Sirimai, Published on 22/08/2017

» The Bank of Thailand may consider additional measures to curb baht speculation after occasional increases in the volume of foreign exchange transactions have been detected, says a senior official at the central bank.

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BUSINESS

BoT unveils SME forex option contract

Business, Pawee Sirimai, Published on 18/08/2017

» The Bank of Thailand plans to roll out a foreign exchange option with a lower fee to encourage small and medium-sized enterprises (SME) to access forex hedging tools in dealing with the firmer baht.

BUSINESS

Panel keeps rate, citing flimsy demand

Business, Pawee Sirimai, Published on 17/08/2017

» As expected, the Bank of Thailand's Monetary Policy Committee (MPC) kept its policy rate unchanged yesterday, saying the rate remains accommodative for economic recovery because domestic demand is not sufficiently broad-based.