Bis Spendings for Chinese New Year (Bank of Thailand)
Circulation of around Bt31 billion ($1 billion) was estimated for withdrawal during the Chinese New Year festival, according to the Bank of Thailand (BoT). More...
The Bank of Thailand Launches New Series of Banknotes
Mr. Prasarn Trairatvorakul, Governor of the Bank of Thailand, today announced the introduction of the new series of Thai banknotes (Series 16) into circulation. The Series 16 is designed to glorify Thai kings of More...
Thai Banking System unaffected by Flooding (BOT statement)
In the third quarter of 2011, the Thai banking system was profitable and resilient with continued loan growth and declining non-performing loan (NPL). Liquidity was slightly tightened. Meanwhile, capital rose from More...
Bank of Thailand lowers growth projection to 2.6%
The Bank of Thailand (BoT) lowered its Gross Domestic Product (GDP) growth projection for 2011 significantly from 4.1 to 2.6 per cent, factoring in the country’s estimated Bt140 billion damage losses, owing to More...
Bank of Thailand: Q4 growth could be negative
The gross domestic product growth in the fourth quarter of the year could be a negative figure because of the flood impact, Bank of Thailand governor Prasarn Trairatvorakul said on Thursday. More...
Thai exports may drop in Q4 due to flood
Thailand’s export growth in the fourth quarter is likely to drop by 1.4 per cent to 17.8 per cent from the earlier projected 19.2 per cent, according to Att Pisanwanit, Director of the Center for International More...
Bank of Thailand to Emphasize economic stability
The Bank of Thailand BoT has stressed its duty to ensure economic stability, not profit-making, but it is ready to study the establishment of the national wealth fund as suggested by the Ministry of Finance. More...
Bank of Thailand to intervene in baht fluctuation
Bank of Thailand (BoT) Governor Prasarn Trairatvorakul on Tuesday said the global financial system is in great imbalance as seen by the currency fluctuations. More...
Bank of Thailand Governor: towards a multi-polar currency system
Bank of Thailand Governor Prasarn Trairatvorakul focus on the three problematic issues facing emerging market economies and the current international monetary system, and how we may think of what needs to be done More...
Living with capital flows: A delicate balancing act (Bank of Thailand)
Ladies and Gentlemen, It’s an honor to speak before you today in the 5th Annual Euromoney Thailand Investment Forum. Since yesterday, you must have already heard many interesting discussions about Thailand’s More...