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The Latest Breaking News from BoT

More bank accounts may be frozen: Bank of Thailand

More people could face frozen bank accounts as authorities widen investigations into transfers linked to mule accounts, in an effort to recover money for scam victims, the Bank of Thailand (BoT) has warned.

Bangkok Post

Did Elected Officials Violate First Amendment by Orchestrating Public Criticism of (and Racism Allegations Against) Their Critic?

"[P]ublic condemnations, op-eds, and official complaints ... through proxies are independent constitutional violations" if the officials "engaged in conduct that was motivated by the plaintiff's protected speech and had the requisite chilling effect on First Amendment activity."

Reason

Students for Justice in Palestine at Univ. of Florida Denied Preliminary Injunction,

given that the University rejected the Chancellor of the Board of Governors' call for the SJP chapter to be deactivated.

Reason

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New traffic arrangements in place for Aroor-Thuravoor elevated highway work

Heavy goods carriers diverted Thuravoor-Kundannoor from Thurs. Containers >4.5m from Palakkad, Kozhikode, Malappuram, Thrissur to Kollam, Thiruvananthapuram via MC Road from Angamaly. Ernakulam-Alappuzha via Aroor Temple Junction, Poochakkal, Thaikkattussery, Thuravoor. <4.5m height, <5.5m breadth can use Aroor-Thuravoor. >4.5m height from Thiruvananthapuram, Kollam, Pathanamthitta, Alappuzha via Thuravoor, Ezhupunna, Kumbalanghi, Perumpadappu, Palluruthy,…

The Hindu

‘Skill development scam’ in Andhra Pradesh is a matter of conjecture, says former MD of Siemens Suman Bose

The FIR in the alleged skill development scam was registered without doing any verification at the Centres of Excellence / Technical Skill Development Institutes that had been set up at 40 locations in Andhra Pradesh as a part of the BOT agreement signed by the A.P. State Skill Development Corporation,…

The Hindu

Economy picks up as tourism, spending rise

The Thai economy in May improved from the previous month as tourism gathered momentum and private consumption increased while exports remained weak, the Bank of Thailand (BoT) said on Friday.

Bangkok Post

BoT loosens forex rules further

The Bank of Thailand (BoT) says it will double the amount that Thai retail investors can invest in foreign securities in order to encourage capital outflows amid a volatile baht.

Bangkok Post

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Economy to expand with upside risks - central bank

The Bank of Thailand's (BoT) Monetary Policy Committee expected continued economic expansion with some upside risks as it raised the key interest rate last month for a sixth straight meeting, minutes of the meeting showed on Wednesday.

Bangkok Post

BoT: Government change not a factor in rate policy

The Bank of Thailand says there is no need to wait and see what policies are formulated by the new government before deciding whether or not to raise interest rates further.

Bangkok Post

BoT raises key rate another quarter-point

The Bank of Thailand on Wednesday raised its key interest rate by 25 basis points for a sixth consecutive meeting, citing the need to curb inflation risks as the economic recovery gathers strength against rising global uncertainties.

Bangkok Post

Bank of Thailand likely to raise policy rate next week

The Bank of Thailand (BoT) may raise the policy rate one last time at the end of the month after a steady pace of tightening since August helped bring inflation back to target in less than a year, according to analysts.

Bangkok Post

Bank of Thailand to relax rules on use of yuan for trade

The Bank of Thailand (BoT) expects to relax rules on the use of China's yuan for trade this year to help reduce the impact of currency volatility, BoT deputy governor Mathee Supapongse said on Thursday.

Bangkok Post

Headline CPI up 2.67%, slowest in 16 months

Thailand's headline inflation dropped to its lowest in 16 months in April, coming in close to expectations owing to lower energy and food prices and a high base in 2022, the Commerce Ministry said on Wednesday.

Bangkok Post

Spooked funds trigger emerging Asia’s biggest selloff before elections

Global funds are ditching Thailand’s bonds due to political risks before the May 14 general election, but history suggests they may soon come rushing back.

Bangkok Post

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Bangkok Post

BoT to aid new government on economic policies

The Bank of Thailand (BoT) will work with the new government on coordinating fiscal and monetary policies to boost the economy after the Finance Ministry and central bank reduced economic stimulus measures amid signs of recovery.

Bangkok Post

BoT stresses post-election policy coordination

The Bank of Thailand (BoT) says it is ready to work with the new government on coordinating fiscal and monetary policies now that most stimulus measures introduced during the Covid-19 pandemic are being wound down.

Bangkok Post

BoT to continue with gradual approach

Bank of Thailand policy makers backed continuing their gradual and measured approach as they raised interest rates last month, minutes of their meeting showed, citing risks that inflation could stay higher for longer than expected.

Bangkok Post

Economy expected to grow 3.6% this year - central bank

Thailand's economy is expected to grow 3.6% this year, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on TV channel JKN-CNBC on Monday.

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Daily Record

Auchinleck 3 Kilwinning 1 as Talbot continue hunt for title glory

Both sides squared off in the midst of a gruelling schedule for each of them.

Bangkok Post

BoT raises key rate a quarter-point

The Bank of Thailand on Wednesday raised its benchmark interest rate for a fifth straight time and signalled that more tightening is on the horizon to return inflation to its target.

Bangkok Post

BoT: External stability strong, economy recovering

Thailand's external stability is sound with low foreign debt and high international reserves, while the economy is recovering steadily on increased tourism and domestic spending, the Bank of Thailand (BoT) said.

Bangkok Post

BoT: Baht volatile in line with regional peers

The baht is likely to remain highly volatile due to external factors but its weakness is in line with moves in regional currencies, the Bank of Thailand said on Wednesday.

Bangkok Post

Inflation seen falling further - Arkhom

Inflation in Thailand is expected to fall further and return to the Bank of Thailand’s (BoT) target range of 1% to 3% this year, helped by support measures, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

Bangkok Post

BoT to regulate auto leasing

The cabinet on Tuesday approved a law to allow the Bank of Thailand to regulate the business of leasing cars and motorcycles to strengthen consumer protection and tackle household debt, the Ministry of Finance said.

Bangkok Post

Bank NPLs slow to 2.73% of lending at December's end

Thai banks' non-performing loans stood at 2.73% of total lending at the end of December 2022, down from 2.77% at the end of September, helped by debt restructuring, the central bank said on Monday.

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