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An office worker in Bangkok points to the Fineasy app on her Oppo smartphone. (Photo: bangkokpost.com)

Illegal mobile loan apps found in Thailand

The Bank of Thailand initially reported 10 verified illegal apps offering personal loans, including Fineasy and Happy Loan, to the Personal Data Protection Committee (PDPC) under the Digital Economy and Society (DES) Ministry.
Goods are loaded at a port in Bangkok, Thailand. (Photo: AFP/VNA)

Thailand's economy improves in October

Thailand's economy improved in October due to tourism, exports and private consumption, which was helped by the government's economic stimulus measures, according to the Bank of Thailand (BoT).
A bank teller counts baht notes in Bangkok, Thailand. (Photo: AFP/VNA)

Thai baht rises to strongest since March 2022

The Thai baht (THB) has gained to its strongest level in 30 months as China's stimulus boosted risk assets globally, adding pressure on the Bank of Thailand (BoT) to act to curb its rally.
People shop at a supermarket in Bangkok, Thailand. (Photo: AFP/VNA)

Thailand holds key interest rate at record high

The Bank of Thailand (BoT) kept its key interest rate unchanged at a meeting on August 21 as widely expected, despite a sluggish economy and uncertain fiscal policy after the Constitutional Court removed Prime Minister Srettha Thavisin from office last week.
A view of the business district is seen from the rooftop of the Baiyoke Sky Hotel in Bangkok. (Photo: Reuters)

Thai economy to grow at potential rate

The Bank of Thailand (BOT) expects the economy will start stabilising from the third quarter thanks to accelerated growth and the potential to meet the 2.6% expansion target for 2024.
Global slowdown threatens Thailand’s growth

Global slowdown threatens Thailand’s growth

Although the Bank of Thailand (BoT)'s revised GDP growth forecast of 3.2-3.8% next year is possible, analysts are warning that an economic slowdown in China and the US means downside risks remain, while the effectiveness of the government’s stimulus to ignite the economy is questioned, local media reported.
EIS optimistic on Thailand’s economic prospects in H2

ꦑ EIS optimistic on Thailand’s economic prospects in H2

Thailand's economy is predicted to experience a boost in the second half of this year, driven by a surge in tourism and domestic consumption, according to the Economic Intelligence Service (EIS), a research unit of the Thailand Development Research Institute (TDRI).
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