Banking Thai cabinet approves US$2.8-billion soft loan plan to support SMEby Juan Allan July 18, 2024Thailand's cabinet has approved a 100-billion-baht (US$2.8 billion) soft loan scheme aimed at helping smaller businesses obtain loans. The funds... Read more
Markets SEC starts public hearing on prohibiting digital assets as means of paymentby Pr News July 17, 2024The SEC is inviting public feedback on proposed rule changes that would lift the ban on digital assets as a... Read more
Banking Krungsri launches first cross-border QR payment service in Lao PDRby Juan Allan July 9, 2024Thai tourists can use the KMA krungsri app to scan QR codes with the Lao QR code symbol at merchants... Read more
Economics World Bank downgrades Thailand’s growth outlook to 2.4% due to declining exportsby Boris Sullivan July 5, 2024The World Bank has advised Thailand to refrain from easing monetary conditions until the economic outlook becomes clearer. This advice... Read more
Banking Project Nexus : connecting domestic instant payment systems globallyby Akanksha Singh July 5, 2024The Nexus project, led by the BIS Innovation Hub, aims to improve cross-border payments by connecting domestic instant payment systems... Read more
Banking Thai banks cautioned about compliance issues related to transactions with Myanmarby Akanksha Singh July 1, 2024Joint Press Release Anti-Money Laundering Office and Bank of Thailand reiterate the need for financial institutions to ensure enhanced due... Read more
Banking BOT Holds Steady on Interest Rate at 2.5%by NNT June 25, 2024Bank of Thailand (BOT) Assistant Governor Piti Disyatat has mentioned that the current benchmark interest rate of 2.5% is resilient... Read more
Banking Bank of Thailand to issue commemorative banknote for His Majesty the King’s 6th Cycle Birthday Anniversaryby Pr News June 24, 2024The Bank of Thailand is printing and issuing commemorative 100-baht banknotes for King Maha Vajiralongkorn's 6th Cycle Birthday Anniversary. Proceeds... Read more