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At Least 13 Dead as Thailand and Malaysia Endure Devastating Floods Not Seen in Decades
Severe flooding in southern Thailand and northern Malaysia has resulted in at least 13 deaths and tens of thousands evacuated,...
Thailand set to host the 6th BIMSTEC Summit in Bangkok in September 2024
Thailand will host the sixth Bimstec Summit in Bangkok on September 4, led by Foreign Affairs Minister Maris Sangiampongsa. Bimstec...
Project Nexus : connecting domestic instant payment systems globally
The Nexus project, led by the BIS Innovation Hub, aims to improve cross-border payments by connecting domestic instant payment systems...
Thai banks cautioned about compliance issues related to transactions with Myanmar
Joint Press Release Anti-Money Laundering Office and Bank of Thailand reiterate the need for financial institutions to ensure enhanced due...
Asian markets wrap-up for today
Asian markets experienced a positive trend today, following the lead of their US counterparts. The rise in US tech shares...
Thailand’s aging population hits consumption and economic growth
Thailand is experiencing the global megatrend of an aging society, officially becoming aged in 2023 and soon transitioning to a...
SCB EIC anticipates two policy rate cuts in April and June 2024
The forecast includes two expected policy rate cuts by the MPC in April and June 2024 to sustain a neutral...
Thailand BOI reports 43% Investment surge Driven by Large FDI Projects
According to the BOI, applications for investment promotion in 2023 reached a five-year high of 848.3 billion baht in combined...
Thai banks to begin restructuring over 6 million outstanding loans totaling 3.4 trillion baht
Thai banks are in the process of restructuring 6.1 million outstanding loans totaling 3.4 trillion baht to make repayments more...
Car production in Thailand falls by 15.7% in December, 2.2% in 2023
Car production in Thailand has been declining for five consecutive months, with a significant drop in output of pickup trucks...
