Showing 131 - 140 of 414
Local banks forecast to move this week
Business, Somruedi Banchongduang, Published on 08/12/2022
» Local banks are expected to raise interest rates this week following the Bank of Thailand's recent policy rate hike, while borrowers could face a normalisation of loan rates for next year.
CIMBT projects 1% dip in exports next year
Business, Somruedi Banchongduang, Published on 07/12/2022
» CIMB Thai Bank (CIMBT) predicts exports will contract 1% next year, suffering from a global slowdown and fears of a recession in key global economies.
Credit bureau wary of digital loans
Business, Somruedi Banchongduang, Published on 06/12/2022
» The National Credit Bureau (NCB) expects household debt in terms of loan amounts will continue to increase, despite the decline in the household debt-to-GDP ratio.
Banks prudently mull rate adjustment
Business, Somruedi Banchongduang, Published on 03/12/2022
» Banks are taking their time before making any decision on adjusting loan rates as next year there are several risks, particularly concern about a global recession and swelling household debt, despite reports of Thailand's economic recovery.
BoT hikes policy rate as recovery gathers steam
Business, Somruedi Banchongduang, Published on 01/12/2022
» The Bank of Thailand believes the country's economy will take off in the final quarter of this year and return to pre-pandemic growth levels.
EIC downgrades growth forecast for 2023
Business, Somruedi Banchongduang, Published on 29/11/2022
» The Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank, has slashed its 2023 GDP growth projection for Thailand due to the global economic slowdown and the increased likelihood of a recession in developed economies.
KBank foresees stronger baht next year
Business, Somruedi Banchongduang, Published on 25/11/2022
» Kasikornbank (KBank) believes the baht will strengthen next year, dependent on internal factors after the US Federal Reserve eases its policy rate hikes.
Banks report dip in NPL ratios
Business, Somruedi Banchongduang, Published on 22/11/2022
» Banks posted lower non-performing loan (NPL) ratios in the third quarter this year thanks to the economic recovery and appropriate risk management under their debt relief programmes.
AutoX eyes rapid ascent for car title loans
Business, Somruedi Banchongduang, Published on 16/11/2022
» AutoX Co Ltd, a new player in the car title loan market, aims to be among the top three in the sector with 70 billion baht in loans outstanding in three years.
Treading a familiar path to super-app status
Business, Somruedi Banchongduang, Published on 12/11/2022
» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.