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Search Result for “South”

Showing 11 - 20 of 28

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Backbase touts local engagement banking

Business, Somruedi Banchongduang, Published on 11/11/2023

» Engagement banking is another phase of digital banking development in Thailand that can facilitate business growth, says a fintech firm.

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BoT optimistic regarding growth as tourism recovers

Business, Somruedi Banchongduang, Published on 01/11/2023

» The Bank of Thailand expects the economy to have a better growth rate in the third quarter than the second after expansion missed the central bank's target for the previous quarter.

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BoT backs fiscal consolidation amid rising debt

Business, Somruedi Banchongduang, Published on 31/10/2023

» The Bank of Thailand supports fiscal consolidation in line with recommendations by the International Monetary Fund (IMF) to strengthen Thailand's economic resilience in the long term amid higher global uncertainties.

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SCB assesses its digital future

Business, Somruedi Banchongduang, Published on 07/10/2023

» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.

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SCB X turns to digital in effort to fend off loan sharks

Business, Somruedi Banchongduang, Published on 06/10/2023

» SCB X believes its digital loan services can provide underserved customers with greater access to financial sources at fair prices, easing the country's loan shark problem.

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Governor says BoT poised to handle baht volatility

Business, Somruedi Banchongduang, Published on 05/10/2023

» The Bank of Thailand is ready to handle baht volatility if fluctuations exceed the country's economic fundamentals, says the central bank's chief.

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Central bank chief prepares for meeting with Srettha

Business, Somruedi Banchongduang, Published on 30/09/2023

» The Bank of Thailand governor is ready to meet the prime minister following the central bank's policy rate hike and its decision to cut the GDP forecast for 2023.

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Baht expected to continue its slide

Business, Somruedi Banchongduang, Published on 22/09/2023

» Economists are warning the baht will weaken further throughout this month and next because of higher volatility in money and capital markets worldwide after the US Federal Reserve's hawkish comments about its benchmark interest rate.

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As growth slows, BoT trims 2023 projection

Business, Somruedi Banchongduang, Published on 06/09/2023

» The Bank of Thailand reduced its growth projection for 2023 this month after GDP and the inflation rate were lower than forecast.

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Politics plays a role in baht drift

Business, Somruedi Banchongduang, Published on 17/08/2023

» Prolonged political uncertainty is exacerbating baht volatility against the dollar as Thailand still has not formed a new government, says the head of the Bank of Thailand.