Showing 1 - 10 of 108
Candidates vie for post of governor
Business, Published on 17/06/2025
» The Bank of Thailand is preparing to welcome a new governor as the incumbent, Sethaput Suthiwartnarueput, is scheduled to complete his term on Sept 30, 2025. The selection process for this crucial role is highly anticipated, given the significant economic challenges facing Thailand and the importance of central bank leadership in shaping monetary policy and financial stability.
Moody's downgrade sends a signal
Business, Published on 01/05/2025
» Thailand must accelerate its economic growth potential to 3-4% to avoid a downgrade in its sovereign credit rating, say analysts.
Several banks reduce loan rates, following the regulator
Business, Published on 06/03/2025
» Six major commercial banks and a handful of state-owned banks announced a reduction of lending interest rates following the Bank of Thailand's policy rate cut late last month to alleviate the financial burden for borrowers amid a weakening economy.
Trends set to shape Thailand in 2025
Business, Post Reporters, Published on 01/01/2025
» Several significant trends are set to shape the nation's economic, technological and cultural landscape this year. These developments will unfold alongside significant challenges, including slow economic growth, rising household debt, political instability, climate change, environmental pressures, an ageing population leading to labour shortages, and cybersecurity threats.The emerging trends cover areas such as economic initiatives and policies, technological advancements, tourism and hospitality, as well as infrastructure and real estate.
Bank of Thailand unfazed by board chief delay
Business, Published on 25/12/2024
» Any delays in selecting a new board chairman for the Bank of Thailand is unlikely to impact the central bank's operations and overall banking industry, as the chairman's role primarily focuses on internal operations rather than shaping the bank's policies, according to experts and economists.
Bank of Thailand under pressure to slash rates
Business, Published on 17/12/2024
» Finance Minister Pichai Chunhavachira has reaffirmed his call for a reduction in the policy interest rate to stimulate Thai inflation.
Snags hamper bid to select Bank of Thailand chair
Business, Published on 05/11/2024
» The selection committee tasked with selecting a new board chairman of the Bank of Thailand has postponed its planned meeting until next Monday, while Kittiratt Na-Ranong, a former commerce minister, is likely to be removed as a candidate following strong opposition from various sectors.
Economists press for autonomy of BoT
Business, Published on 10/10/2024
» Economists have restated their calls for the Bank of Thailand to retain its independence, suggesting it is essential for the country's economic growth.
Central bank introduces open banking data initiative
Business, Published on 04/10/2024
» The Bank of Thailand launched an open data initiative on Thursday for the financial system, allowing Thais to share their personal data with financial institutions in order to improve their access to financial services.
New PM's policies under microscope
Business, Published on 17/08/2024
» Business leaders are eager to know the direction of Thai economic policies after the Pheu Thai Party leader Paetongtarn Shinawatra was elected prime minister, which could cause a dramatic shift in the country's political landscape.