Showing 1 - 10 of 282
Krungsri anticipates uptick in baht volatility
Business, Somruedi Banchongduang, Published on 07/07/2023
» Bank of Ayudhya, which markets itself as Krungsri, predicts the baht will be more volatile amid several uncertainties both internal and external.
Q1 household debt hits B16tn
Business, Somruedi Banchongduang, Published on 01/07/2023
» Household debt in the first quarter this year soared to 16 trillion baht, accounting for 90.6% of GDP, attributed to increases in debt as well as the redefinition of national household debt, says Sakkapop Panyanukul, the Bank of Thailand's senior director of the economic and policy department.
BoT eases forex rules for stability
Business, Somruedi Banchongduang, Published on 28/06/2023
» The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.
Thai growth set to beat BoT forecast
Business, Somruedi Banchongduang, Published on 16/06/2023
» The Bank of Thailand expects GDP growth to exceed its forecast, with the economic policies of the new government driving expansion alongside tourism and consumption growth.
HSBC Thailand prepares strategy for expansion
Business, Somruedi Banchongduang, Published on 02/06/2023
» HSBC Thailand aims to raise fresh funds and secure an additional licence in preparation for local business expansion in line with the country's economic growth.
BoT pushes up interest rate to 2%
Business, Somruedi Banchongduang, Published on 01/06/2023
» The Bank of Thailand's Monetary Policy Committee (MPC) has raised its policy rate by 0.25 percentage points, in a bid to maintain the momentum of the Thai economic recovery.
Worries over baht volatility as coalition talks continue
Business, Somruedi Banchongduang, Published on 25/05/2023
» Investors are concerned that the formation of a new government and political risk could lead to higher baht volatility over the next month, says Kasikornbank (KBank).
Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
Banks consider new fees to reflect expenses
Business, Somruedi Banchongduang, Published on 12/05/2023
» The Thai Bankers' Association (TBA) is mulling a new fee structure for the industry, with higher service costs for banks possibly passed on to customers.
BoT mulls easing yuan-baht trade payment
Business, Somruedi Banchongduang, Published on 12/05/2023
» The Bank of Thailand plans to relax rules for yuan-baht trade payment supporting local currency settlement, reducing reliance on the US dollar.