Showing 31 - 40 of 62
BoT cuts 2021 GDP rise to 0.7%
Business, Somruedi Banchongduang, Published on 05/08/2021
» The Bank of Thailand (BoT) has slashed its economic growth projection for this year again to 0.7% as the third wave of Covid-19 has had a more severe impact on the country's economy since the central bank conducted its earlier projection.
BoT lays out plan to reduce debt level
Business, Somruedi Banchongduang, Published on 22/07/2021
» The Bank of Thailand (BoT) has discussed with relevant authorities to seek ways to lower the country's household debt, starting from co-operatives and student loans with a target to expand to cover farmer loans next year.
BoT revises growth forecast to 1.8%
Business, Somruedi Banchongduang, Published on 24/06/2021
» The Bank of Thailand (BoT) has slashed the country's economic growth forecast again for this year to 1.8% from an earlier projection of 3%, due to lower foreign tourist arrival estimates and lower domestic demand due to the third wave of Covid-19.
BoT launches car loan debt programme
Business, Somruedi Banchongduang, Published on 02/06/2021
» The Bank of Thailand has implemented a new auto loan debt mediation programme, aiming to help 100,000 borrowers ease their debt burden during the pandemic.
BoT slashes its GDP forecast again
Business, Somruedi Banchongduang, Published on 06/05/2021
» The Bank of Thailand (BoT) slashed Thailand's economic growth forecast for 2021 on Wednesday for the second time this year to 1-2%, largely depending on the procurement and distribution of Covid-19 vaccines.
BoT reduces annual growth forecast to 3%
Business, Somruedi Banchongduang, Published on 25/03/2021
» The Bank of Thailand on Wednesday slashed its economic growth forecast this year to 3% from 3.2% made in December, given the impact of the second wave of Covid-19 infections and tepid tourism.
PEA adopts e-LG to cut expenses
Business, Somruedi Banchongduang, Published on 04/11/2020
» The Provincial Electricity Authority (PEA), a state power distribution arm, has adopted an electronic letter of guarantee (e-LG) integrated with blockchain technology to reduce operation costs and enhance business efficiency.
KTB vows cooperation after report's claims
Business, Somruedi Banchongduang, Published on 24/09/2020
» Krungthai Bank (KTB) says it's ready to cooperate with local and international regulatory bodies to investigate funds transfers as the bank awaits clearer information from the US Treasury Department's Financial Crimes Enforcement Network (FinCEN).
BoT sees slower recovery in 2021
Business, Somruedi Banchongduang, Published on 24/09/2020
» Thailand's economic recovery is expected to take longer than previously anticipated, mainly due to the drastic decline in foreign tourist numbers, says the Bank of Thailand.
Interest rate cut to record low 0.5%
Business, Somruedi Banchongduang, Published on 21/05/2020
» The Bank of Thailand cut the policy rate yesterday by 0.25 percentage points to a fresh record low of 0.5%, saying it is ready to use additional policy tools to soften the economic blow while downside risks to the country's economy this year remain high.