Showing 1 - 10 of 25
Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
BoT relaxes capital curbs for flexibility
Business, Pawee Sirimai, Published on 05/09/2017
» The Bank of Thailand has further relaxed curbs on capital outflows with the goal of widening overseas investment opportunities for local investors, giving more flexibility to money changers and creating a balance of fund flows to weaken the strong baht.
BoT mulls further anti-speculation steps
Business, Pawee Sirimai, Published on 22/08/2017
» The Bank of Thailand may consider additional measures to curb baht speculation after occasional increases in the volume of foreign exchange transactions have been detected, says a senior official at the central bank.
BoT unveils SME forex option contract
Business, Pawee Sirimai, Published on 18/08/2017
» The Bank of Thailand plans to roll out a foreign exchange option with a lower fee to encourage small and medium-sized enterprises (SME) to access forex hedging tools in dealing with the firmer baht.
Panel keeps rate, citing flimsy demand
Business, Pawee Sirimai, Published on 17/08/2017
» As expected, the Bank of Thailand's Monetary Policy Committee (MPC) kept its policy rate unchanged yesterday, saying the rate remains accommodative for economic recovery because domestic demand is not sufficiently broad-based.
Growth expected to hold steady
Business, Pawee Sirimai, Published on 01/08/2017
» Economic growth in the second quarter is expected to be close to the first quarter's reading of 3.3% and accelerate to 3.7% in the second half, says a senior Bank of Thailand official.
Baht's sharp rise on BoT radar
Business, Pawee Sirimai, Published on 26/07/2017
» The Bank of Thailand has acknowledged the baht's rapid climb against the US dollar recently, a movement that it says warrants close monitoring.
Apisak aims to allay fears over currency
Business, Pawee Sirimai, Published on 21/07/2017
» The economic recovery remains resilient in the face of the stronger baht, with large firms able to handle the situation, says Finance Minister Apisak Tantivorawong.
Household income fall feared
Business, Pawee Sirimai, Published on 18/07/2017
» The Siam Commercial Bank's Economic Intelligence Center (EIC) has expressed concerns that household spending will run out of steam with the decline in commodity prices, posing a risk to economic growth.
BoT eases up on forex regulations
Business, Pawee Sirimai, Published on 06/06/2017
» The Bank of Thailand yesterday loosened a set of foreign exchange regulations, including allowing Thais to invest directly in securities abroad at an amount of up to $1 million a year, in a fresh bid to accommodate capital outflows, curb the appreciating baht (which briefly slipped below 34 to the US dollar) and make doing business easier.