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The Bank of Thailand (BoT) says it is ready to work with the new government on coordinating fiscal and monetary policies now that most stimulus measures introduced during the Covid-19 pandemic are being wound down. Speaking at a monetary policy forum on Wednesday, assistant governor Piti ...

Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions.That belief is hard to fathom in today’s liquid international capital market where money can move from one ...

Thailand’s gross domestic product could underperform next year if tourism remains weak, even as this year’s economic performance may beat sharply reduced forecasts, the country’s central bank head said Friday.All reasonable policy options are on the table in such a situation, although there’s currently no ...

The government on Friday unveiled plans for fresh government stimulus as well as rule changes to improve monetary policy flexibility, stepping up efforts to cushion the blow from the novel coronavirus outbreak.The latest stimulus would be funded by new borrowing and reallocation of the existing ...

Ahead of the March 25 Monetary Policy Committee meeting, central bank governor Veerathai Santiprabhob discusses the need to “act early” with previous monetary policy easing and warns the foreign exchange rate will continue to be highly volatile against the backdrop of the Covid-19 outbreak. Keep watching ...

Thailand is unlikely to tighten monetary policy aggressively as inflation remains low and the economy needs support, the chairman of the nation’s central bank said.At the same time, the current pace of annual economic expansion of about 4 percent is sufficient to begin policy normalization, ...