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assist flood-affected farmers

assist flood-affected farmers

The Bank for Agriculture and Agricultural Cooperatives (BAAC) is prepared to give 10,000 THB to each household of flood-affected agriculturalists and also extend their loan repayment period for three more…

Govt’s wage, salary hike policy still unclear

Govt’s wage, salary hike policy still unclear

BANGKOK, 24 August 2011 (NNT) – The Bank of Thailand (BoT) has indicated that more clarifications are still needed for the Government’s policy to increase the minimum wage to 300…

The Bank of Thailand (BoT) is preparing global and domestic economic information finance minister

The Bank of Thailand (BoT) is preparing global and domestic economic information finance minister

The Bank of Thailand (BoT) is preparing global and domestic economic information as well as the status of the Financial Institutions Development Fund (FIDF) to report it to newly appointed…

private sector should take advantage of the stronger baht

private sector should take advantage of the stronger baht

the Bank of Thailand (BoT) has suggested that the private sector should take advantage of the stronger baht for the time being by importing capital goods in order to reduce…

high competition among commercial banks to give loans and seek more savings benefit low-income people

high competition among commercial banks to give loans and seek more savings benefit low-income people

BANGKOK, 17 July 2011 (NNT) – The Bank of Thailand (BoT) admitted high competition among commercial banks to give loans and seek more savings benefit low-income people. BoT’s Onsite Examination…

Smooth election to uplift Thailand’s credibility

Smooth election to uplift Thailand’s credibility

The Bank of Thailand (BoT) has indicated that the recent smooth and peaceful 3 July general election will play a significant role in improving the nation’s credibility in the global…

Outflow inflation derivative

Outflow inflation derivative

BANGKOK, 28 June 2011 (NNT)-The Bank of Thailand (BoT) has forbidden every commercial bank to provide a service to any investors who could be depositing their money tying to a…

Three factors contributed to heavy fluctuation of the baht

Three factors contributed to heavy fluctuation of the baht

BANGKOK, 26 June 2011 – The Bank of Thailand (BoT) indicated three factors contributed to heavy fluctuation of the baht, including the global economy, debt crisis in Greece, and the…

BoT concerns about populist policies

BoT concerns about populist policies

The Bank of Thailand (BoT) governor has expressed his concern over populist policies presented by many political parties as part of their campaigns for the upcoming general election. BoT Governor…

BoT holding more gold, less US dollars

BoT holding more gold, less US dollars

BANGKOK, 9 May 2011 (NNT) – The Bank of Thailand (BoT) is one of the central banks which have been purchasing more gold and less US dollars in the past…