Showing 1 - 10 of 111
Fitch slashes assessment for banking sector to neutral
Business, Somruedi Banchongduang, Published on 21/06/2024
» Fitch Ratings has downgraded the outlook for the Thai banking sector to neutral from improving, citing a subdued pace of economic recovery that is likely to constrain earnings growth.
The hazard of lower interest rates
Oped, Published on 20/06/2024
» When interest rates decline and stabilise, financial-market participants tend to take on greater leverage and risk. The challenge for regulators, then, is to prevent those risks from becoming systemic and causing a broader economic crisis.
Budget will 'jump-start' growth
News, Aekarach Sattaburuth, Published on 20/06/2024
» Prime Minister Srettha Thavisin outlined the 3.75-trillion-baht budget bill for the 2025 fiscal year aimed at jump-starting Thailand's sluggish economy as the House of Representatives began a three-day debate.
SCB EIC predicts fragile conditions for lending
Business, Somruedi Banchongduang, Published on 20/06/2024
» SCB EIC, a research centre under Siam Commercial Bank, anticipates increased fragility in the household and business sectors, which combined with the Bank of Thailand's responsible lending practices will pressure loan growth in the banking industry over the next few years.
Thai tourists to continue shunning South Korea
Molpasorn Shoowong, Published on 19/06/2024
» The number of Thai tourists visiting South Korea is expected to continue declining in the second half year-on-year, after a sharp drop in the first four months attributed to strict immigration rules and a stagnant Thai economy.
SCB EIC wary of risk to foreign investment
Business, Somruedi Banchongduang, Published on 19/06/2024
» SCB EIC, a research centre under Siam Commercial Bank, has expressed concerns about heightened political risks undermining foreign investment in both financial and capital markets, as well as long-term foreign direct investment.
Poorest countries can't be ignored
Published on 18/06/2024
» They are home to a quarter of humanity -- 1.9 billion people. They possess prized natural resources, including one-fifth of the world's copper and gold reserves, as well as many of the rare metals essential for the transition to clean energy. Their working-age populations are set to expand for the next five decades amid demographic decline nearly everywhere else. Yet a historic reversal is underway among the world's 75 countries eligible for grants and low-interest loans from the World Bank's International Development Association (IDA).
Even with digital wallet, S&P affirms stable outlook
Business, Somruedi Banchongduang, Published on 17/06/2024
» S&P Global Ratings says it plans to maintain its stable outlook for Thailand's sovereign ratings even if the country implements the digital wallet scheme.
Addressing the skills gap
Published on 17/06/2024
» Recent decisions by two Japanese automakers to close their plants in Thailand affect the country's standing as a leading global car producer, once dubbed the "Detroit of Asia".
Analysts predict Thai rates likely to stay put
Business, Nareerat Wiriyapong, Published on 14/06/2024
» Analysts are ruling out the possibility the Bank of Thailand will cut interest rates this year after the US Federal Reserve sent clear signals it would trim the US rate only once in 2024, followed by four more cuts next year.