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GENERAL

Factory closures a growing concern

Business, Somruedi Banchongduang, Published on 12/06/2024

» Kiatnakin Phatra Financial Group (KKP) has expressed growing concern over the weakening of Thailand's manufacturing sector after a surge in factory closures.

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GENERAL

KBank takes cautious view on regional loan expansion

Business, Somruedi Banchongduang, Published on 11/06/2024

» Kasikornbank (KBank) is increasing scrutiny of regional loan growth through stronger risk management and focusing on generating fee-based income from its overseas banking business.

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GENERAL

Panel says export growth may miss target

Business, Somruedi Banchongduang, Published on 06/06/2024

» A private sector panel predicts that Thai export growth may fall short of its target this year because of challenges from both external and internal factors.

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GENERAL

Bank of Thailand mulls new credit model for SMEs

Business, Somruedi Banchongduang, Published on 05/06/2024

» The Bank of Thailand is exploring a tripartite credit guarantee model used by other countries to improve funding access for Thai small and medium-sized enterprises (SMEs).

GENERAL

Banks projected to beat sustainable loan growth targets

Business, Somruedi Banchongduang, Published on 04/06/2024

» Large banks anticipate achieving sustainable loan growth targets ahead of their timelines over the next few years, aligning with Thailand's net-zero transition goals.

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INVESTMENT

Private investment advanced in April thanks to new cars

Business, Somruedi Banchongduang, Published on 01/06/2024

» The Bank of Thailand reported an increase in private investment in April, attributed to improved sales of new cars after the delivery of vehicles following this year’s Thailand International Motor Show.

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GENERAL

Credit bureau chief clarifies changes to blacklist rules

Business, Somruedi Banchongduang, Published on 31/05/2024

» The National Credit Bureau (NCB) says it has the authority to reduce the time bad debtors remain on its credit blacklist, currently eight years, with the decision resting with the Committee for the Protection of Credit Information.

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GENERAL

Krungsri poised to focus on transition finance for SMEs

Business, Somruedi Banchongduang, Published on 30/05/2024

» Bank of Ayudhya (Krungsri) plans to promote transition loans to support local small and medium-sized enterprises (SMEs) shifting to sustainable finance, while offering both financial and non-financial assistance.

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GENERAL

Large banks pushed on transition loans

Business, Somruedi Banchongduang, Published on 29/05/2024

» The Bank of Thailand has encouraged large commercial banks to offer transition finance to assist local businesses in moving from carbon-intensive industries to more sustainable practices.

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GENERAL

KBank stays bullish on corporate loans

Business, Somruedi Banchongduang, Published on 28/05/2024

» Kasikornbank (KBank) remains confident in the debt repayment ability of its top 50 corporate clients, despite increased credit risks amid sluggish economic growth.