Tag: Money
Deputy Prime Minister of Thailand Anutin Charnvirakul wants more premium tourists
Private hotels and hospitals in Thailand should not offer big discounts to attract tourists but should instead raise the country’s value as a “premium” travel [Read More…]
Thai Baht’s current slide is a grim reminder of its crash 25 years ago
On July 1, at some point during the day, the baht fell to 35.66 to the dollar, its weakest in five years. It closed at [Read More…]
Baht Depreciation Could Have Widespread Implications
BANGKOK (NNT) – The central bank has indicated that the baht’s depreciation could impact manufacturing, commodity prices and inflation. Sakkapop Panyanukul, senior director of the [Read More…]
Thailand’s household debt forecast to jump to 95% of GDP this year
The average household debt in Thailand has increased 5.09% year on year, to 217,952.59 baht, the highest in 14 years, and this year the debt [Read More…]
Bangkok Prison Guard Dismissed for Allegedly Extorting Money
BANGKOK, April 22 (TNA) – Ayuth Sintoppant, director-general of the Corrections Department, dismissed a prison guard pending disciplinary and criminal investigations into alleged extortion against [Read More…]
BOT Says Economy Still Recovering Despite Rising Inflation
BANGKOK (NNT) – The Bank of Thailand (BOT) has said the Kingdom’s economic activity in March came under pressure from rising coronavirus infections and higher [Read More…]
Thailand bans cryptocurrencies as a payment method in the country
Thailand’s Securities and Exchange Commission (SEC) has said that cryptocurrency payments in the country will be banned from April 10 due to the risks of [Read More…]
Bank of Thailand Plans Rules on Virtual Banks and Open Banking
BANGKOK (NNT) – The Bank of Thailand (BOT) has said it is planning new policy guidelines for the banking sector, including virtual banks and open [Read More…]
