Tag: BOT

The Nexus project, led by the BIS Innovation Hub, aims to improve cross-border payments by connecting domestic instant payment systems (IPS) globally.

Joint Press Release Anti-Money Laundering Office and Bank of Thailand reiterate the need for financial institutions to ensure enhanced due diligence of transactions related to countries with high risk of engaging in money laundering activities

The Bank of Thailand is printing and issuing commemorative 100-baht banknotes for King Maha Vajiralongkorn's 6th Cycle Birthday Anniversary. Proceeds will benefit Royal charities.

The Bank of Thailand is embracing financial innovation, including Distributed Ledger Technology and Smart Contracts, to reduce operational costs and meet the needs of financial service users.

In April, the Thai economy saw improvement, bolstered by growth in the service sector due to an increase in tourist arrivals. There was a rise in domestic demand, marked by an upswing in private consumption and investment. Additionally, exports, inflation, ...

In the first quarter of 2024, the banking system’s loan growth turned slightly positive at 0.7% YoY, attributed to the expansion of large corporate loans in manufacturing sector, notably in food, petroleum, and chemical products.

The Thai economy slowed in March 2024, with softening domestic demand and tourism. Despite signs of improvement in the first quarter, growth is expected to remain low year-on-year, driven by tourism and private investment, while exports and manufacturing lag due ...

In November 2023, the Thai economy showed signs of stabilization compared to the previous month. Domestic demand saw an increase from both private consumption and investment, while activities in the service sector remained relatively steady.