Bot News

Push for greater use of plastic cards The Bank of Thailand has launched a payment systems roadmap for 2010 that focuses mainly on promoting electronic payments to encourage the development of a cashless society. One of the roadmap's strategic objectives...

The company is currently implementing road projects worth Rs 4,500 crore and aims to increase its road portfolio more than four-fold to over Rs 20,000 crore by 2012. Reliance Infra bagged the Rajasthan project on the basis of the lowest...

Enlight Renewable Energy Ltd. has won a BOT (build, operate, transfer) project for 25 solar energy installations. Enlight will set up and operate the installations together with investors who will fund the set-up of the project.

However, the policy is implemented in a cautious manner, to prevent unnecessary cost. She insisted that though the baht has strengthened 4 per cent against the US dollar since early this year, the currency remains close to those of trade...

EPC (engineering, procurement, construction) and build-operate-transfer, or the so-called BOT projects. The company was moving away from BOT projects in order to derisk the business model...This effort, according to him, is to increase the valuation of the dormant company, which...

The Bank of Thailand yesterday denied that its higher swap obligations so far this year were caused by its attempts to intervene in the currency market as reported by some media, but were due mainly to the country's current-account surplus....

The remaining two scheduled meetings of the MPC also would not change the policy rate, she said. The MPC, they said, does not have any pressure to cease easing monetary policy at the moment despite recent signs of inflation. The...

The baht yesterday fell on speculation the central bank would curb gains after it said it was prepared to intervene in the currency market if necessary. The baht recently hit a 15month high. Bloomberg reported it fell 0.1 percent to...

The Finance Ministry will ask the Bank of Thailand (BOT) to loosen regulations for multinational companies (MNCs) to enable them to bring money into the country or repatriate it in a bid to promote the country as their regional headquarters....

Agriculture futures mostly rose Friday on the Chicago Board of Trade. Wheat for December delivery dropped 9 cents to $4.65 a bushel; December corn rose 0.5 cent to $3.645 a bushel; November soybeans added 12.5 cents to $9.485 a bushel;...