Bank of Thailand forecasts 19 million foreign tourist arrivals in 2023

The Bank of Thailand predicts 6 million foreign tourist arrivals this year and 19 million in 2023 as pandemic-era curbs ease

Bank of Thailand keeps policy rate unchanged at 0.5%

The Bank of Thailand kept its key policy rate unchanged at 0.5%, amid growing pressure coming from rising prices and monetary policy tightening by its peers.

BOT to implement Digital Technologies to handle Debt Restructuring

The BOT said it aims to provide greater convenience for borrowers by streamlining the process in a way that does not require physical meetings and conforms with the government’s health safety measures.

Bank of Thailand maintains key rate at 0.50 percent

The Committee assessed that the Thai economy would continue to recover, as the Omicron variant would exert limited pressure on the public health system.

Emerging-Market Central Bank Asset Purchases Can Be Effective but Carry Risks

In previous years, it would have been mainly advanced economy central banks making purchases of government debt. However, for the first time on a significant scale, central banks in countries such as South Africa, Poland, and Thailand broke new ground through their use of asset purchases to combat market dysfunction.

Omicron key risk to Thailand’s economic recovery

The Omicron outbreak could have more widespread, severe, and prolonged effects than the baseline projection, depending on the severity of the situation and the strictness of containment measures.

The Bank of Thailand Bond Issuance Programme for 2022

For 2022, the BOT bond issuance programme continues to take into account the increased financing needs of the government to fund Covid-19 relief measures

Thailand leads the world in adoption of next-gen financial services

More change has occurred in Thailand’s banking scene in the last two years than had occurred during the previous ten years, with the rate of change continuing to accelerate at pace.