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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.

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Thailand opens applications for virtual banks

Reuters, Published on 05/03/2024

» Thailand will accept applications for virtual banks within the next six months with the aim of supporting people with no or limited access to financial services, the Finance Ministry said on Tuesday, issuing guidelines for licenses.