Bangkok Post

Lifestyle, virus push e-money trend

Electronic money (e-money) has grown in terms of spending and top-up value, driven by consumers’ financial behaviour in the digital age and social distancing amid the pandemic.According to the Bank of Thailand, e-money spending value has continued to increase for the past five years.Keep reading ...

Somruedi Banchongduang

BoT minutes: Spike in long-term govt bonds had limited impact on economy

The Bank of Thailand felt that a spike in long-term government bond yields had only a limited impact on the economy when it decided to keep its key rate at a record low last month, meeting minutes showed on Wednesday.Long-term Thai bond yields moved in ...

PM slammed over clean air bill decision

The main opposition Pheu Thai Party has accused Prime Minister Prayut Chan-o-cha of preventing MPs discussing a clean air bill in parliament by having it declared finance-related legislation.Wattanarak Amnansoradet, chairman of Pheu Thai’s environment and natural resources committee, said it was a pity that Gen ...

Bangkok Post Reporter

Welcome to 'year of fact-checking'

More than 30,000 people have joined Collaborative Fact Checking (Cofact) Thailand to combat fake news during the Covid-19 pandemic.The Thai Health Promotion Foundation (ThaiHealth), Cofact Thailand, the International Fact Checking Network and other anti-fake news organisations yesterday held a seminar to mark International Fact-Checking Day ...

BoT gearing up for digital currency tests

The Bank of Thailand says it will begin testing use of its retail digital currency for the general public in the second quarter of next year before fully implementing it over the next three to five years.The retail central bank digital currency (retail CBDC) is ...

EV outlook more than just numbers

Hailing 2020 as a “great year” for electric vehicle (EV) sales in the global market, Krisda Utamote, president of the Electric Vehicle Association of Thailand (EVAT), is eager to see a similar growth in Thailand with the spotlight on the EV industry.But a focus on ...

Lamonphet Apisitniran

Cabinet approves plan to set up national pension fund

The cabinet has agreed to set up a national pension fund that would force employees out of provident funds and cut the public budget.The move is being taken because Thailand is becoming an ageing society — it is estimated that the country will have a ...

Bangkok Post Reporter

Shorter Covid-19 quarantine from April 1

Quarantine will be reduced to seven days for people coming from overseas who have received two doses of vaccine at least 14 days before arrival, beginning on Thursday, the Centre for Covid-19 Situation Administration confirmed on Wednesday.Apisamai Srirangson, assistant spokeswoman, said people who had not ...

Bangkok Post Reporter

Economy seen shrinking in Q1 due to virus outbreak

The tourism-reliant economy could contract in the first quarter from the preceding three months and the corresponding year earlier period due to the impact of a new coronavirus outbreak, the central bank said on Wednesday.The Southeast Asian country had largely contained the spread of Covid-19 ...

Public investment to drive growth in 2023-2024 - Fin Min

Thailand’s economic growth is expected to accelerate from 2023 to 2024, driven by public investment, after slowly recovering from the impact of the coronavirus pandemic, the finance minister said on Wednesday.The government is maintaining its gross domestic product (GDP) growth target of 4% this year, ...

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