Showing 71-80 of 2,664 results
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BoT monitors fundraising after rate hikes
Business, Somruedi Banchongduang, Published on 14/12/2023
» The Bank of Thailand plans to closely monitor the fundraising ability of the business sector following tighter financial conditions related to interest rate hikes.
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K-Research puts GDP gain at 3.1%
Business, Somruedi Banchongduang, Published on 13/12/2023
» Kasikorn Research Center (K-Research) predicts GDP growth of 3.1% next year, with expansion of 3.6% possible if the 10,000-baht digital wallet handout is implemented.
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KFIN to push investment in tech startups
Business, Somruedi Banchongduang, Published on 11/12/2023
» Krungsri Finnovate Co (KFIN), a corporate venture capital arm of Bank of Ayudhya (Krungsri), plans to expand investment in tech startups in regional markets to support its parent company's business operations in Asean.
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Banks to hold interest rates steady
Somruedi Banchongduang, Published on 07/12/2023
» The Thai Bankers’ Association (TBA) has signalled that its members would hold prime interest rates steady, in line with the Bank of Thailand’s policy rate, as the US Federal Reserve plans to start cutting rates next year.
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Concerns over EV loans
Business, Somruedi Banchongduang, Published on 06/12/2023
» The National Credit Bureau (NCB) is expressing concern over the quality of electric vehicle (EV) loans, noting that the value of an EV depreciates faster than the value of a conventional internal combustion engine (ICE)-powered car.
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BoT prepares for open data service
Somruedi Banchongduang, Published on 30/11/2023
» The Bank of Thailand (BoT) is scheduled to implement open banking policies next year, enabling data owners to easily transfer their data from one service provider to another to allow better data utilisation.
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BoT puts last quarter GDP growth at 3.7%
Somruedi Banchongduang, Published on 30/11/2023
» The Bank of Thailand (BoT) predicts gross domestic product (GDP) growth of 3.7% in the final quarter this year, attributed to the low-base effect amid a continued recovery driven by private consumption and tourism.
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Troubled debt set to exceed B1 trillion
Somruedi Banchongduang, Published on 28/11/2023
» The National Credit Bureau (NCB) has estimated by year-end, debts in the troubled debt restructuring (TDR) programme could exceed 1 trillion baht as a result of the weaker repayment ability of borrowers.
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Troubled debt set to exceed B1tn
Business, Somruedi Banchongduang, Published on 29/11/2023
» The National Credit Bureau (NCB) estimates by year-end, debts in the troubled debt restructuring (TDR) programme could exceed 1 trillion baht as a result of the weaker repayment ability of borrowers.
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Bank of Thailand united in holding rates steady
Somruedi Banchongduang, Published on 29/11/2023
» The Monetary Policy Committee (MPC) of the Bank of Thailand (BoT) on Wednesday voted unanimously to maintain its policy rate at 2.5%, the highest level in a decade, following a series of rate hikes since August last year, with the 2024 GDP growth projected to be in the range of 3.2-3.8%.
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