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BUSINESS

Baht all safe and sound

Business, Wichit Chantanusornsiri, Published on 24/04/2023

» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.

BUSINESS

Arkhom calms jitters

Business, Wichit Chantanusornsiri, Published on 23/03/2023

» Finance Minister Arkhom Termpittayapaisith has offered reassurance that Thai financial institutions will not be affected by the banking debacle in the US and Europe as local organisations have little exposure to such banks.

BUSINESS

Arkhom pledges stability after poll

Business, Wichit Chantanusornsiri, Published on 16/03/2023

» The government is ready to take action, even in a caretaker position before the next administration takes power, should global volatility affect the country's economy or financial system, Finance Minister Arkhom Termpittayapaisith told reporters.