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Baht moves in same direction as regional currencies, says BoT

BANGKOK, Oct 13 (TNA) – Bank of Thailand (BoT) Governor Tarisa Watanagase on Monday revealed the baht had now moved in the same direction with other regional currencies, but remained…

Finance Minister is to propose Strong Thailand budgets worth over 240,000M to Cabinet

Bangkok, 12 October 2009 (NNT)-Finance Minister Korn Chatikavanij is proposing an investment of Strong Thailand Project with over 240,000 million baht into the Cabinet tomorrow, with the emphasis on transparency…

SME Bank´s training project creates 178 new entrepreneurs with combined investment of Bt 98 million

BANGKOK, 7 October 2009 (NNT) –The New Entrepreneurs Creation (NEC) project of the SME Bank held during July-September 2009 has successfully trained 178 people, who are now engaged in different…

BoT concerned halting of 76 projects in Map Ta Phut to derail economic recovery

BANGKOK, 5 October 2009 (NNT) – The Bank of Thailand (BoT) has expressed concern over Administrative Court rulings to suspend 76 projects in the Map Ta Phut industrial estate for…

Thailand’s central bank encouraging use of BIBOR interbank lending

BANGKOK, Oct 2 (TNA) – The Bank of Thailand (BoT) will continue encouraging the country’s commercial banks to lend to each other by adopting the Bangkok Interbank Offered Rate (BIBOR),…

SME Bank offers debt moratorium to SME business

BANGKOK, 29 September 2009 (NNT) – President of the Small and Medium Enterprise Development Bank of Thailand (SME Bank) Mr.Soros Sakornvisava said that the bank would offer debt moratorium to…

BoT affirms readiness to track foreign capital movement

BANGKOK, Sept 26 (TNA) – Bank of Thailand (BoT) Governor Tarisa Watanagase on Friday affirmed the central bank had sufficient tools to oversee the movement of foreign capital in Thailand.…

BOT: Value of Thai Baht remains volatile

BANGKOK, 25 September 2009 (NNT) – The Bank of Thailand (BOT) pointed out the value of Thai local currency remained volatile as a result of the influx of investments to…

SCB chief warns of US economic uncertainties

BANGKOK, Sept 23 (TNA) – The Thai economy shows clear signs of improvement, but will not recover rapidly since the United States economy remains uncertain, according to a top Bangkok…

BoT expects lending to surge in 4th quarter

BANGKOK, Sept 22 (TNA) – Lending by commercial banks is set to pick up in the second half of this year, particularly in fourth quarter, in tandem with the expected…