Showing 1 - 10 of 26
Taliban in talks with Russia, China for trade transactions in local currencies
Reuters, Published on 23/05/2025
» KABUL — The Taliban administration is in advanced talks with Russia for banks from both sanctions-hit economies to settle trade transactions worth hundreds of millions of dollars in their local currencies, Afghanistan's acting commerce minister said.
Indonesia seeks to calm investors after stocks, rupiah slide
Published on 27/03/2025
» JAKARTA - Indonesian officials will seek to address concerns among investors and other key economic players about an economic downturn in Southeast Asia's biggest economy following a stock market selloff and currency slump, an official said on Thursday.
Citigroup mistakenly credits customer account $81 trillion
Reuters, Published on 28/02/2025
» BENGALURU — Citigroup erroneously credited US$81 trillion, instead of $280, to a customer's account and took hours to reverse the transaction, a "near miss" that shows up the bank's operational issues it has sought to fix, the Financial Times (FT) reported on Friday.
Business group urges central bank for rate cut
Reuters, Published on 02/10/2024
» Thailand's leading business group on Wednesday urged the central bank to cut interest rates, backing the government's repeated calls for monetary easing, and flagged concern about the impact on exports from a rapidly appreciating baht.
Bank of Thailand holds key rate at 2.50%
Published on 21/08/2024
» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.
N.Korean hackers sent stolen crypto to Cambodian payment firm
Published on 15/07/2024
» LONDON - A major Cambodian payments firm received crypto worth over $150,000 from a digital wallet used by North Korean hacking outfit Lazarus, blockchain data shows, a glimpse of how the criminal collective has laundered funds in Southeast Asia.
Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.
Incompatible views
Oped, Postbag, Published on 11/07/2023
» Re: "Bill Gates as PM", (PostBag, July 8) and "Pita pleads for support ahead of crucial votes in parliament", (BP, July 9).
Central bank plans steps to curb strong baht
Reuters, Published on 10/10/2019
» Thailand is not in recession but growing below potential and the central bank is ready to take action if needed, while there are also plans for further measures to curb the baht's strength, central bank and government officials said on Thursday.
BoT: Overseas investment ceilings to rise
Published on 04/10/2019
» In the face of a strong baht that has been Asia’s best performing currency this year, the Bank of Thailand will further relax rules on capital outflows before the end of the year, says governor Veerathai Santiprabhob.