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Thai central bank keep policy interest rate unchanged at 1.25%

BANGKOK, Jan 13 (TNA) – The Bank of Thailand (BoT) maintained the policy interest rate at 1.25 per cent annually to favour economic recovery. The Monetary Policy Committee (MPC) meeting…

Finance to issue saving bonds worth THB 50 – 80 bn by the end of Q3

BANGKOK, 11 January 2010 (NNT) – The Finance Ministry is prepared to issue saving bonds worth 50 – 80 billion THB by the end of Q3, in order to fund…

BoT urges Govt to expedite assistance for Map Ta Phut

BANGKOK, 11 January 2010 (NNT) – The Bank of Thailand (BoT) suggested that the government should urgently compensate the 65 suspended projects in the Map Ta Phut industrial estate. BoT…

Credit card usage on the rise

BANGKOK, 10 January 2010 (NNT) – The Bank of Thailand (BoT) has reported a 7.1% increase in credit card usage, signaling a clear sign of consumption growth. According to the…

Finance Minister Korn’s win of Financial Times Banker’s awards to help restore confidence

BANGKOK, Jan 9 (TNA) – The selection of Thailand’s Finance Minister Korn Chatikavanij by the Financial Times Group’s ‘The Banker’ magazine as the Outstanding Global Finance Minister of the Year…

KTB awarded 2009 Bank of the Year

BANGKOK, 7 January 2010 (NNT) – The state-owned Krung Thai Bank (KTB) has received the “Bank of the Year in Thailand 2009” award from The Banker magazine of The Financial…

HSBC foresees interest rate stability

BANGKOK, 6 January 2010 (NNT) – The Hongkong and Shanghai Banking Corporation Thailand (HSBC Thailand) has foreseen a stability of interest rates in the first six months of this year…

GH Bank sees bright future for 2010 property market

BANGKOK, 4 January 2010 (NNT) – The Government Housing Bank (GH Bank) has foreseen a bright prospect for the domestic property market in the first quarter this year due to…

BoT asks private sector to use caution in business dealings in 2010

BANGKOK, Jan 2 (TNA) — Despite signs of improvement in the global and Thai economies in 2010, the Bank of Thailand (BoT) has warned the private sector to use caution…

Bangkok Bank invests 20 bn THB in China

BANGKOK, 29 December 2009 (NNT) – Bangkok Bank PCL launches Bangkok Bank China Co, Ltd with the registered capital of 20 billion THB. President of Bangkok Bank Chartsiri Sophonpanich said…