• Fri, 28 Sep 2018 06:50
    Philippine central bank grants e-money license to Grab
    The Bangko Sentral ng Pilipinas (BSP) has granted an e-money license to Grab, which will enable the ride-hailing company to provide its consumers a number of additional payment services, aside from rides and express delivery.
  • Wed, 26 Sep 2018 18:15
    Banks fined for ‘forced' mortgages 
    Bank of Thailand has imposed fines on leading banks Krung Thai Bank and Siam Commercial Bank for forcing mortgage clients to buy fire insurance from specific firms. 
    Breaking News
  • Mon, 24 Sep 2018 13:45
    BOT might act on mortgage-loan brawling
    The Bank of Thailand appears likely to rein in mortgage lending out of concern that fierce competition among banks could weaken loan criteria. “The Bank of Thailand will consult with all concerned parties,” its governor, Veerathai Santiprabhob, told reporters on Monday on the side lines of a central bank symposium.
  • Mon, 24 Sep 2018 01:00
    New risks that confront the post-Lehman world
    When investment bank Lehman Brothers collapsed on September 15, 2008, Axel Weber – then the president of Germany’s central bank and a top official at the European Central Bank – had a helicopter-view of the mayhem that followed, in the form of the worst global recession since the 1930s.
  • Thu, 20 Sep 2018 01:00
    Central bank decides to maintain policy rate at 1.5 per cent
    Bank of Thailand (BOT)’s Monetary Policy Committee (MPC) decided yesterday to leave the policy rate unchanged at 1.50 per cent to bolster growth and cope with the inflation target framework, while maintaining its forecast for this year’s economic growth at 4.4 per cent.
  • Wed, 19 Sep 2018 01:00
    Overseas Filipinos remit $18.5 bn in 7 months
    THE AMOUNT of dollars sent home by millions of Filipinos overseas continued its unbroken uptrend in July due to an increase in remittances from both sea- and land-based Filipino workers, the central bank said.
  • Tue, 11 Sep 2018 15:10
    Eurozone headwinds to test ECB's confidence
    With trade tensions, an Italian government bucking at deficit limits and emerging market currency woes threatening the eurozone, observers will look to the European Central Bank for reassurance Thursday, while policymakers strive to project stability.
  • Fri, 07 Sep 2018 01:00
    Thai handling of digital assets draws admiration
    Government, central bank display regulatory wisdom in embracing crytocurrencies
  • Fri, 31 Aug 2018 14:20
    Central bank: online shutdown resolved
    The Bank of Thailand says most banks have now resumed online banking services after networks crashed on Friday morning.
  • Thu, 30 Aug 2018 01:00
    Fund inflows trouble BOT chief
    CENTRAL bank governor Veerathai Santiprabhob has expressed his concerns over short-term fund inflows of recent days that have strengthened the baht against the US dollar and the Chinese yuan.
  • Thu, 16 Aug 2018 01:00
    Indonesia rates raised amid Turkey turmoil
    INDONESIA'S central bank raised interest rates yesterday in a bid to shield the slumping rupiah from a sell-off in emerging market currencies as Turkey's financial crisis roils global markets.
  • Tue, 14 Aug 2018 10:34
    Bank Indonesia prepares measures to save rupiah
    Bank Indonesia deputy governor Dody Budi Waluyo said the central bank was preparing measures to provide a boost to the rupiah, which depreciated to Rp 14,600 per United States dollar on Monday.
    Breaking News
  • Mon, 06 Aug 2018 11:12
    Chatumongkol chosen to head ACT party
    The right-leaning Action Coalition for Thailand (ACT) party on Sunday picked former central bank governor MR Chatumongkol Sonakul as its leader.
    Breaking News
  • Fri, 27 Jul 2018 07:51
    Central bank links up for Thai pay system
    The Kingdom’s central bank unveiled plans on Wednesday to collaborate with its counterpart in neighbouring Thailand to launch a QR code payment system, a bank official said.
    Breaking News
  • Mon, 23 Jul 2018 01:00
    Baht expected to strengthen by year-end
    THE BAHT is expected to reverse course in the next few months, and the central bank is likely to raise the key interest rate in September, Tim Leelahaphan, an economist at the Standard Chartered Bank Thailand, has forecast.
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