Tag Archives: Bank of Thailand

Bank of Thailand expects a mild impact on inflation if the minimum wage hike is raised to Bt300 as campaigned by the Pheu Thai government, on anticipation that the increase would be gradual.

Net foreign capital inflow has exceeded US$10 billion (Bt300 billion) in the first five months of this year, which could add more fuel to inflation, the Bank of Thailand said yesterday.

The Bank of Thailand is widely expected to increase its policy interest rate on Wednesday by a quarter percentage point to 3%.

The Bank of Thailand expects an eventual balance between capital inflow and outflow this year, with such a position likely to be even more clearly seen next year.

The Bank of Thailand is now less concerned about a bubble in the condominium market due to a reduction in oversupply and a slowdown in demand. The impact of its decision to raise the loan-to-value (LTV) ratio, which took effect from the beginning of 2011, is being monitored.

Businesses must steel themselves for greater exchange-rate volatility, says Bank of Thailand governor Tarisa Watanagase. Local businesses need to prepare for...