Bank of Thailand (BoT)

Thailand CB hunts ex-PM's missing money

The governor of the Bank of Thailand, Tarisa Watanagase, says the central bank is currently investigating what happened to the money recently withdrawn from the accounts of disposed prime minister, Thaksin Shinawatra. The governor believes the money has…

New Thai governor on IT

In a speech called "Inflation targeting - a reflection on Thailand's experience," the newly-appointed governor of the Bank of Thailand, Tarisa Watanagase, cautioned that the framework should not be seen as a panacea.

Proposed BOT Bill will increase authority

Thailand's Finance Ministry is currently considering the drafts of the Bank of Thailand Bill and the Currency Bill. If implemented, the new rules will broaden the BOT's authority to manage international reserves.

The Bank of Thailand's 'Young Guns'

They're fresh, well-educated and thrilled to be serving their country, they are the Young Guns at the Bank of Thailand. This article in the Bangkok Post takes a look at the "new blood" of economists at the Bank of Thailand, who say that unlike an…

Thailand's central bank loosens currency controls

Due to an excess of savings, Thailand's central bank will allow local financial institutions to invest up to 500 million dollars abroad, deputy governor Thirachai Phuvanatnaranubala said on Wednesday 23 July, according to a report by Agence France-Presse.

Managing recovery on agenda at BoT seminar

The Bank of Thailand will hold its annual economic seminar on 20-21 August, the Bangkok Post reports. Assistant governor for the Monetary Policy Group Bandid Nijathaworn said the central bank expected the seminar to draw 500 people.

Speech by P M na Ayudhya, Bank of Thailand, 10 Sep

SPEECH - In the speech titled 'Central Bank Independence: What Does It Mean? The Bank of Thailand's Experience' Ayudhya quoted a former governor of the Bank of Thailand on the issue of central bank independence, "If the policy in question is so profound…

Speech by M R P Devakula, Bank of Thailand, 26 Aug

SPEECH - In the speech Devakula said that as financial regulators, one of the Bank of Thailand's main tasks is to provide a prudential framework ensuring the overall improvement of risk management of financial institutions. In the case of Thailand…

Thai central bank puts loans case to Basel panel

THAILAND - The Bank of Thailand has asked member countries of BIS Basel Committee to curtail loans to hedge funds, according to Thirachai Phuvanatnaranubala, the central bank's deputy governor overseeing stability of financial institutions.

Bank of Thailand auctions B1bn in government bonds

THAILAND - The Bank of Thailand on Wednesday auctioned one billion baht worth of government bonds due in June 2009 for an accepted average yield of 3.805%. The coupon rate for the bonds was 4.625% with a bid coverage ratio of 4.99 times.

Thailand's central bank in upbeat mood on economy

THAILAND - The Bank of Thailand is confident that deflation will not be an immediate concern. M.R. Pridiyathorn Devakula, the central bank governor, said the prevailing exchange rate of about 42.5 baht to the US dollar would not trigger inflation either.

Thai c bank chief rebukes PM over baht comments

THAILAND - Thailand's central bank chief Pridiyathorn Devakula on Monday criticised Prime Minister Thaksin Shinawatra for making bullish comments on the baht which has rallied to its highest level for two years. "The prime minister should not comment on…

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