Banking and financial services policy and regulation

The Bank of Thailand has extended its debt repayment and interest reduction measures until June next year, to help debtors and alleviate their financial burden.Keep watching ...

The Bank of Thailand approved the extension of its 500-billion-baht soft loan scheme by six months, and allowed companies listed on the Market for Alternative Investment to apply for the loans, a previous obstacle to participation.The central bank announced the relaxation of the parameters on ...

The Bank of Thailand plans to implement digital factoring next year to facilitate small and medium-sized enterprise (SME) access to loans.Factoring businesses provide an intermediate solution for liquidity problems caused by delayed payments. The idea behind the process is suppliers sell the invoices of a ...

The Federation of Thai Industries (FTI) plans to ask the Bank of Thailand to extend the debt moratorium scheme, which will end next month, for another two years.The extension would require businesses to pay 10% of interest payments for six months to alleviate the fear ...

The Bank of Thailand (BoT) left its key interest rate unchanged at a record low for a second straight meeting on Wednesday, as widely expected, on signs of improvement in the economy after the easing of measures to contain the coronavirus outbreak.The BoT’s Monetary Policy ...

The Bank of Thailand is to unveil a relief package today to help debtors ravaged by the coronavirus pandemic, as the three-month blanket debt holiday is expiring at the end of this month.“The regulator considers the ceiling rate reduction for credit cards as reasonable because ...

The Bank of Thailand cut its benchmark interest rate for the third time this year to a record low as the economy is expected to shrink further amid the coronavirus pandemic.The central bank lowered the policy rate by 25 basis points to 0.5 per cent ...

The Finance Ministry will issue promissory notes (PN) worth 70 billion baht as the first batch of borrowing under the 1-trillion-baht royal decree to soften blow from the Covid-19 spread and the government’s containment measures.“Initially the Public Debt Management Office plans to offer 70 billion ...

The Bank of Thailand (BOT) has said it would expand the QR cross-border payment to three Asean countries — Singapore, Myanmar and Cambodia — and the service was expected to begin in the middle of this year, BOT assistant governor for payment systems policy and ...

The amount invested in the recently approved Super Savings Funds (SSFs) could dwindle by half from the annual sums invested in long-term equity funds (LTFs) because of the significant reduction in tax privileges, says a capital market executive.SSFs is expected to see inflows worth around ...