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Search Result for “urgent action”

Showing 1 - 10 of 30

BUSINESS

BoT plans to issue new gold trading measures

Somruedi Banchongduang, Published on 29/01/2026

» As part of efforts to reduce currency volatility and prevent a sharp appreciation of the baht that could affect the economy, the Bank of Thailand plans to cap daily gold trading in baht on digital platforms at 50 million baht.

BUSINESS

Growth to hit new depths

Somruedi Banchongduang, Published on 29/01/2026

» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.

THAILAND

BoT hot on 'grey' money trail

News, Somruedi Banchongduang, Published on 24/11/2025

» The Bank of Thailand (BoT) is asking banks to report suspicious transactions relating to grey money to it directly, as the bank expands its role in monitoring illegal activities.

SUSTAINABILITY

Low-carbon economy looms

Business, Somruedi Banchongduang, Published on 17/11/2025

» Thailand's carbon-intensive industries are under growing pressure to fast-track their green transition after the new government announced an ambitious plan to accelerate the country's net zero goal by 15 years, from 2065 to 2050.

BUSINESS

Growth of eateries outpaces tourism

Business, Somruedi Banchongduang, Published on 27/06/2025

» The Bank of Thailand has observed a glut of restaurants relative to the slower growth in foreign tourist arrivals, with the impact affecting mainly small and medium-sized enterprises (SMEs).

BUSINESS

BoT warns of long path to recovery

Business, Somruedi Banchongduang, Published on 13/05/2025

» Structural problems are a key concern undermining Thailand's future growth potential, Bank of Thailand governor Sethaput Suthiwartnarueput has warned in a harrowing forecast of the country's economic future.

THAILAND

Moody's cuts outlook for banks

News, Somruedi Banchongduang, Published on 02/05/2025

» Moody's Ratings (Moody's) yesterday changed the outlook of seven Thai financial institutions to negative from stable.

BUSINESS

The effort to clamp down on scams

Business, Somruedi Banchongduang, Published on 19/09/2024

» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.

BUSINESS

Improved economic data in July

Business, Somruedi Banchongduang, Published on 31/08/2024

» Economic data in July improved from the previous month, mainly attributed to exports and tourism, according to the Bank of Thailand.

BUSINESS

NPLs for pickup trucks rise sharply

Business, Somruedi Banchongduang, Published on 30/07/2024

» The National Credit Bureau (NCB) reported a 39% increase in bad debt for pickup truck loans in May.