State banks raise deposit, loan rates after BoT hike State banks are increasing their interest rates following the Bank of Thailand's policy rate hike. Bangkok Post · Jun 7, 2023
Baht has worst day in two weeks The Thai baht led losses amid mixed trade in most Asian currencies on Tuesday, as US economic data pointed to sluggish growth in the country’s services sector, strengthening the case for a pause in interest rate increases by the Federal Reserve next week. Bangkok Post · Jun 6, 2023
Interest rates forecast to continue rising Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers. Bangkok Post · Jun 4, 2023
Analysts anticipate more rate hikes The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts. Bangkok Post · Jun 2, 2023
BoT raises key rate another quarter-point The Bank of Thailand on Wednesday raised its key interest rate by 25 basis points for a sixth consecutive meeting, citing the need to curb inflation risks as the economic recovery gathers strength against rising global uncertainties. Bangkok Post · May 31, 2023
BoT urges upgrade of Thailand's durian production Thailand needs to improve its durian production to remain the top exporter amid tougher competition over the next five years, according to a Bank of Thailand report. Bangkok Post · May 29, 2023
Bank of Thailand likely to raise policy rate next week The Bank of Thailand (BoT) may raise the policy rate one last time at the end of the month after a steady pace of tightening since August helped bring inflation back to target in less than a year, according to analysts. Bangkok Post · May 24, 2023
Exploring efforts to ease dollar volatility Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time. Bangkok Post · May 23, 2023
Bad mortgage loans rise amid rate hikes Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates, with the Bank of Thailand encouraging banks to help borrowers through debt restructuring. Bangkok Post · May 22, 2023
Two-pronged approach for Tisco Financial Tisco Financial Group, a holding company of Tisco Bank, plans to focus on what it considers two businesses related to S-curve industries: auto title loans and corporate banking. Bangkok Post · May 19, 2023
BoT mulls easing yuan-baht trade payment The Bank of Thailand plans to relax rules for yuan-baht trade payment supporting local currency settlement, reducing reliance on the US dollar. Bangkok Post · May 11, 2023
Bank of Thailand to relax rules on use of yuan for trade The Bank of Thailand (BoT) expects to relax rules on the use of China's yuan for trade this year to help reduce the impact of currency volatility, BoT deputy governor Mathee Supapongse said on Thursday. Bangkok Post · May 11, 2023
Economists anticipate 0.25% hike Local economists are predicting the Bank of Thailand will increase its policy rate to a terminal level of 2% this month after estimating the Fed's funds rate has already peaked. Bangkok Post · May 8, 2023
Selling pressure set to rise this month Trinity Securities cautioned investors to be wary of selling pressure in May, especially during the week after the general election, as the market may fluctuate ahead of the meeting of the Bank of Thailand's Monetary Policy Committee (MPC) at the end of the month. Bangkok Post · May 2, 2023
Bangkok Post · May 1, 2023 BoT zeroes in on cash transaction fees As digital payments increase, the Bank of Thailand is focusing on cash users by adjusting banks' fee structures.
Bangkok Post · May 1, 2023 Global stocks projected to decline Tisco Securities is warning that global stocks could slide in the near future as disappointing corporate profits and shrinking liquidity pressure market sentiment, with investors urged to hold more cash until the market correction.
Bangkok Post · Apr 28, 2023 BoT sees strong GDP growth in Q1 The Bank of Thailand (BoT) believes gross domestic product (GDP) growth in the first quarter should beat the previous quarter thanks to continued recovery supported by private consumption and tourism.
Bangkok Post · Apr 26, 2023 Banks eye yuan-baht trade payments The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.
Bangkok Post · Apr 26, 2023 Banks tell users: Put on your best face Banks have notified customers to be ready to authenticate their identities by scanning their faces on their mobile devices when conducting three types of mobile financial transactions, as part of the Bank of Thailand's strategy to prevent financial fraud.
Bangkok Post · Apr 26, 2023 BoT delays publication of virtual bank rules to Q3 The Bank of Thailand has postponed the issuance of virtual bank regulations until the third quarter of this year because it needs more time to clarify the new business licensing with related parties.
Bangkok Post · Apr 24, 2023 Bank of Thailand puts stability above stimulus Amid the ongoing recovery pace, the economy no longer requires any stimulus measures, but the country requires normalisation and the implementation of economic measures to support economic stability and potential growth for the longer term, says the governor of the Bank of Thailand.
Bangkok Post · Apr 24, 2023 Bank of Thailand chief sees risks from political promises Thailand’s central bank governor said the nation’s main political parties are trying to woo voters with policies that could undermine the country’s longer-term economic health.
Bangkok Post · Apr 24, 2023 Growth forecast this year still 3.6%: Bank of Thailand Thailand's economy is still seen growing at 3.6% this year, the central bank chief said on Monday, in spite of some turbulence in the first half of the year.
Bangkok Post · Apr 18, 2023 Loan demand unfazed by rising interest rates Rising interest rates have not yet affected domestic loan demand despite corporate loans slowing because of the global economic outlook, according to the Bank of Thailand.
Bangkok Post · Apr 12, 2023 BoT to aid new government on economic policies The Bank of Thailand (BoT) will work with the new government on coordinating fiscal and monetary policies to boost the economy after the Finance Ministry and central bank reduced economic stimulus measures amid signs of recovery.