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Thai and Cambodian troops are not expected to negatively affect Thailand’s macro-economy

Thai and Cambodian troops are not expected to negatively affect Thailand’s macro-economy

BANGKOK, 27 April 2011 (NNT) – A series of border skirmishes between Thai and Cambodian troops are not expected to negatively affect Thailand’s macro-economy, according to the Bank of Thailand…

All commercial banks will be able to adjust their ATM related service fees down

All commercial banks will be able to adjust their ATM related service fees down

BANGKOK, 22 March 2011 (NNT) – All commercial banks will be able to adjust their ATM related service fees down by the end of this month as they have agreed…

No irregular capital outflow after Japan quake

No irregular capital outflow after Japan quake

BANGKOK, 15 March 2011 (NNT) – The Bank of Thailand (BoT) has reported that there has been no sign of capital outflow from the Asian region after Japan was struck…

The Bank of Thailand (BoT) has voiced its readiness to help the Bank of Japan (BOJ)

The Bank of Thailand (BoT) has voiced its readiness to help the Bank of Japan (BOJ)

BANGKOK, 14 March 2011 (NNT) – The Bank of Thailand (BoT) has voiced its readiness to help the Bank of Japan (BOJ) whenever requested after Japan was struck by an…

Two financial institutions raise interest rates

Two financial institutions raise interest rates

BANGKOK, 11 March 2011 (NNT) – Two financial institutions, Siam Commercial Bank (SCB) and Krung Thai Bank (KTB), have announced an increase in their interest rates in line with the…

Suspended South Korean banks have low connection with Thai banks

Suspended South Korean banks have low connection with Thai banks

BANGKOK, 22 February 2011 (NNT) – The Bank of Thailand (BoT) confirms that Thai financial institutions will not get affected from the suspension of seven banks in South Korea. BoT…

Thai commercial banks’ profits in 2010 increasing 34.5%

Thai commercial banks’ profits in 2010 increasing  34.5%

BANGKOK, 11 February 2011 (NNT) – The Bank of Thailand (BoT) expects Thai commercial banks’ profits in 2010 at about 123 billion THB, increasing by 34.5% from the previous year.…

Concerns over several risk factos still facing the country

Concerns over several risk factos still facing the country

BANGKOK, 5 February 2011 (NNT) – Bank of Thailand (BoT) Governor Dr Prasarn Trairatvorakul has voiced his concerns over several risk factos still facing the country despite an improvement in…

ATM transaction fees in March

ATM transaction fees in March

BANGKOK, 31 January 2011 (NNT) – The Bank of Thailand (BoT) has confirmed that a measure to reduce ATM transfer and withdrawal fees will be implemented this March in order…

Central bank sees need for MPC to raise policy rate to contain inflation

Central bank sees need for MPC to raise policy rate to contain inflation

BANGKOK, Jan 27 — The governor of the Bank of Thailand (BoT) on Wednesday conceded that the Monetary Policy Committee must raise the policy interest rate to ensure that the…