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Bank Of Thailand
The Bank of Thailand (BOT) ( Abrv: ธปท.; th, ธนาคารแห่งประเทศไทย, ) is the central bank of Thailand. History The Bank of Thailand (BOT) was first set up as the Thai National Banking Bureau. The Bank of Thailand Act was promulgated on 28 April 1942 vesting upon the Bank of Thailand the responsibility for all central banking functions. The Bank of Thailand started operations on 10 December 1942. The Bank of Thailand Act, B.E. 2485 was later amended in order to put emphasis on its social responsibility, to create a mechanism to guard against economic crisis, as well as to set up its decision making process to ensure good governance and transparency in the organization. The Bank of Thailand Act, B.E. 2551 came into force on 4 March 2008. Roles and responsibilities The Bank of Thailand's mission is to provide a stable financial environment for sustainable economic growth in order to achieve continuous improvement in the standard of li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Siam Devadhiraj
Phra Siam Devadhiraj ( th, พระสยามเทวาธิราช, ) is a guardian deity personifying supernatural protection over the country of Thailand. The deity (''deva'', a sanskrit origin word, sometimes translated as "god" or "angel") is represented by an idol enshrined in the Phaisan Thaksin Throne Hall of the Grand Palace. The statue, eight inches tall and made of solid gold, was commissioned by King Mongkut (Rama IV), probably around the years 1859–1860. It shows the ''deva'' in royal dress, holding a sword in the right hand and with the left hand at chest level in a blessing posture. The deity is worshipped in an annual private royal ceremony on the first waxing moon of the fifth Thai lunar month, which marks the traditional New Year in the Thai lunar calendar. See also * National god * Tutelary deity A tutelary () (also tutelar) is a deity or a spirit who is a guardian, patron, or protector of a particular place, geographic feature, person, lineage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dej Snidvongs
''Mom Luang'' Dej Snidvongs ( th, เดช สนิทวงศ์; 18 February 1898 – 8 September 1975) was a Thai honorary academic. He was the President of the Privy Council of Thailand to King Bhumibol Adulyadej and Governor of the Bank of Thailand in 1949 to 1952. He was given the title of Luang Dejsahakorn. Family and education Mom Luang Dej Sanitwong is the third son of Chaopraya Wongsanaprapat (Mom Rajawongse Sathand Snidvongs) and Thanpuying Wongsanuprapat (Tat Singhaseni). He was born at the palace of Prince Sai Sanidvongs at Pom Prap Sattru Phai District, Phra Nakhon Province on 18 February 1898. He has 14 half-brother and sister, one of whom was Bua Snidvongs, the sister of different mothers which is the mother of Queen Sirikit, Therefore, Dej Snidvongswas was an uncle of Queen Sirikit. He began to study at Praya Singhaseni's wife house, Khunying Hong who was his aunt. Later in 1906, he attended the Debsirin School. Later, he moved to King's College under ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Thailand
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Independent Administrative Organizations Of Thailand
Independent or Independents may refer to: Arts, entertainment, and media Artist groups * Independents (artist group), a group of modernist painters based in the New Hope, Pennsylvania, area of the United States during the early 1930s * Independents (Oporto artist group), a Portuguese artist group historically linked to abstract art and to Fernando Lanhas, the central figure of Portuguese abstractionism Music Groups, labels, and genres * Independent music, a number of genres associated with independent labels * Independent record label, a record label not associated with a major label * Independent Albums, American albums chart Albums * ''Independent'' (Ai album), 2012 * ''Independent'' (Faze album), 2006 * ''Independent'' (Sacred Reich album), 1993 Songs * "Independent" (song), a 2007 song by Webbie * "Independent", a 2002 song by Ayumi Hamasaki from '' H'' News and media organizations * ''The Independent'', a British online newspaper. * ''The Malta Independent'', a Maltese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank (" lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Thailand Museum
Bank of Thailand Museum is a museum in Bangkok. The museum is housed in the Bang Khun Phrom Palace, the former residence of Prince Paribatra Sukhumbandhu, who was the 33rd son of King Chulalongkorn. The Bank of Thailand, Northern Region also has a museum in Chiang Mai. In June 2017, the museum was reopened. Displays The museum has 14 rooms many of which display the history of Thai currency and the Bank of Thailand. The age range of the coins differs greatly and there are many ancient Thai coins found at excavation sites such as Funan coins (1st – 7th centuries), Sri Vijaya coins (8th – 13th centuries), Sukhothai period, (13th – 14th centuries), to the 14th – 19th centuries, from the Lanna Kingdom in the northern Thailand. The museum displays bank notes dating back to the reign of King Rama IV in 1853 and documenting the late 1850s, when Queen Victoria of Great Britain gave Thailand the gift of a minting machine and the minting of Thai coins followed in 1858. In the roy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Thailand
The economy of Thailand is dependent on exports, which accounted in 2019 for about sixty per cent of the country's gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 16.316 trillion baht (US$505 billion) in 2018, the 8th largest economy of Asia, according to the World Bank. As of 2018, Thailand has an average inflation of 1.06% and an account surplus of 7.5% of the country's GDP. The Thai economy was expected to post 3.8% growth in 2019. Its currency, the Thai Baht, ranked as the tenth most frequently used world payment currency in 2017. The industrial and service sectors are the main sectors in the Thai gross domestic product, with the former accounting for 39.2 percent of GDP. Thailand's agricultural sector produces 8.4 percent of GDP—lower than the trade and logistics and communication sectors, which account for 13.4 percent and 9.8 percent of GDP respectively. The construction and mining sector adds 4.3 percent to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Veerathai Santiprabhob
Veerathai Santiprabhob ( th, วิรไท สันติประภพ) (born 25 December 1969) was the Governor of the Bank of Thailand from 1 October 2015 to 30 September 2020. Early life and education Veerathai was born on December 25, 1969, the son of Police General Prathin Santiprapop, former Chief of Police and Kuntala Santipipop. He had three brothers and sisters. He was the grandson on the maternal side of Phraya Bhichai Ronnarongsongkharm (Thongdee Jarutat), former commander of the 1st Division and Bupha Bhichai Ronnarongsongkharm. He was educated at Thammasat University (BA Economics, 1988) with first class honors and receiving 4 gold medals for academic assistance and another 1 medal was awarded to Bhumibol Scholarship throughout the period of studying at Thammasat University and he graduated with a degree in economics at the age of 18. After that, he was awarded an Anandamahidol scholarship and studied for a master's degree and doctorate degree at Harvard Univer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prasarn Trairatvorakul
Prasarn Trairatvorakul ( th, ประสาร ไตรรัตน์วรกุล; born 20 August 1952) is a Thai banker. He is former governor of Bank of Thailand. Education He graduated with first class honours, gold medal in bachelor's degree of electrical engineering from Chulalongkorn University. He also has a masters of engineering degree in industrial engineering and management from Asian Institute of Technology, Bangkok, Thailand, a master's degree in business administration, Harvard University, Massachusetts, U.S.A., and a doctor of business administration degree from Harvard. Careers He started working as an academic economist at Bank of Thailand in 1983 until 1989. He became secretary of The Securities and Exchange Commission, Thailand. He worked as CEO of Kasikorn Bank from 2004 to 2010. In 2010, He was appointed as governor of Bank of Thailand. On 5 February 2021, he was appointed to be Chairman of Stock Exchange of Thailand The Stock Exchange of Thailand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tarisa Watanagase
Tarisa Watanagase ( th, ธาริษา วัฒนเกส; RTGS: Tharisa Watthanaket; ; born 30 November 1949) is a former governor of the Bank of Thailand (2006–2010). She succeeded Pridiyathorn Devakula, who was appointed finance minister in the interim government. Tarisa was an assistant governor of the BoT and is the first female governor in the bank's 64-year history. Education and career An economist, Tarisa joined the central bank in 1975. She was appointed deputy governor in 1992. She graduated from Triam Udom Suksa School. She received a bachelor of economics and master of economics from Keio University, Tokyo, Japan and a doctor of economics from Washington University in St. Louis, United States. She attended the six-week Advanced Management Program at Harvard University. She served as an economist at the International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pridiyathorn Devakula
Mom Rajawongse Pridiyathorn Devakula ( th, ม.ร.ว.ปรีดิยาธร เทวกุล; ; ; born 15 July 1947) is a Thai economist. He was the Governor of the Bank of Thailand from 2001 to 2006. Following the 2006 Thai coup d'état he served as minister of finance and deputy prime minister in the interim civilian government led by Prime Minister Surayud Chulanont. Following the 2014 Thai coup d'état he was appointed as a deputy prime minister in the first military appointed cabinet under General Prayut Chan-o-cha. Two days earlier he had resigned from his position as chairman of the board of Post Publishing PLC, the publisher of the ''Bangkok Post'', Thailand's leading English-language newspaper. Early life and education Pridiyathorn is a son of Prince Priditheppong Devakula. He is therefore a grandson of Prince Devawongse Varopakarn, and a great-grandson of King Rama IV. (Mongkut). Reflecting his distant royal descent, Thai media refer to him as ''Mom Ui'' ( th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chatumongol Sonakul
Mom Ratchawongse Chatumongol Sonakul ( th, จัตุมงคล โสณกุล) is Thailand's former Labour Minister and a former permanent secretary of the Ministry of Finance of Thailand, and Governor of the Bank of Thailand. Life and career Chatumongkol is a descendant of Thailand's royal family (great-grandson of King Rama IV) and belongs to the noble house of Sonakul. He was educated at Harrow School and is an honors graduate of Cambridge University in England for engineering and economics and Harvard University in John F. Kennedy School of Government. He rose up through the civil service through the Finance Ministry, initially serving as Director-General of the Tax Department. Later he rose to be the ministry's deputy permanent secretary. He was the permanent secretary (the most senior civil servant) in the Ministry of Finance from 1 October 1995 to 28 July 1997. This was during the flotation of the baht, which led to a massive devaluation, the Asian Financia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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