Showing 1 - 10 of 24
Bank of Thailand may face more rate-cut pressure from new PM
Published on 20/08/2024
» Thailand’s central bank is poised to keep the policy rate at a decade high this week as the economy gathers some steam but uncertainty about a 145-billion-baht handout may prompt a fresh wave of rate-cut pressure.
Government and banks to discuss screening Myanmar deals
Published on 18/07/2024
» The government plans talks with Thai commercial banks about improved screening of transactions allegedly used for weapons purchases by the Myanmar junta, Foreign Minister Maris Sangiampongsa said on Thursday.
Banks deny they helped Myanmar junta buy weapons
Post Reporters, Published on 28/06/2024
» The Thai Bankers’ Association (TBA) said on Friday that it stood firmly against facilitating transactions for the procurement of weapons for Myanmar’s military junta.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
Economy in need of revival
Business, Published on 03/06/2024
» Following a disappointing GDP expansion reading of only 1.5% in the first quarter, trailing other economies in the region, the Thai government plans to pick up the pace to stimulate economic growth.
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
Trojan attacks zero in on Thailand
Business, Suchit Leesa-nguansuk, Published on 28/02/2024
» Thailand has become a target for Trojan malware stealing facial recognition biometric data, while a survey found the country faced a higher rate of cyber-attacks than the global average during the last six months of 2023, according to leading cybersecurity firms.
Federation of Thai Industries warns of business woes ahead of minimum wage hike
Business, Lamonphet Apisitniran, Published on 22/02/2024
» The Federation of Thai Industries (FTI) says businesses will suffer from a surge in operating costs if the government pushes ahead with its plan to raise the daily minimum wage to 400 baht this year.
Ministry prepares next phase of debt suspension
Business, Wichit Chantanusornsiri, Published on 08/02/2024
» The Finance Ministry plans to launch the second phase of a three-year debt suspension scheme for farmers in April, says Deputy Finance Minister Julapun Amornvivat.
Financial market predictions for 2024
Business, Published on 12/01/2024
» In 2023, we saw central banks struggle with inflation. Following a series of interest rate increases, global inflation has fallen from around 10% in the middle of 2022 to its current level of less than 5%.