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Search Result for “CIMB Thai Bank”

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GENERAL

Political hiatus looms over economy

Business, Post Reporters, Published on 02/07/2025

» The Constitutional Court is expected to take 1-3 months to hand down the final verdict on the fate of Prime Minister Paetongtarn Shinawatra after the court suspended her from the post over a leaked recording of a phone call with former Cambodian leader Hun Sen.

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GENERAL

Analysts: War threatens Thai economy

Business, Nareerat Wiriyapong, Published on 30/06/2025

» Amonthep Chawla, chief economist at CIMB Thai Bank (CIMBT), said even though tensions have eased, the ongoing conflicts in the Middle East remain a threat to the Thai economy, in addition to US President Donald Trump's tariffs and the border dispute with Cambodia.

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GENERAL

Bank of Thailand leaves key rate unchanged

Published on 25/06/2025

» The Bank of Thailand left its key interest rate unchanged on Wednesday after two consecutive reductions, as it seeks to preserve limited policy space to support the economy, which is expected to slow in the near future.

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GENERAL

CK Power's 5bn baht green bond oversubscribed

Published on 10/06/2025

» CK Power Plc has successfully raised five billion baht through an oversubscribed green bond issuance, reflecting strong investor confidence in the company's financial health and commitment to clean energy and sustainability.

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GENERAL

CIMBT loses out as home loan refinancing heats up

Business, Somruedi Banchongduang, Published on 06/06/2025

» CIMB Thai Bank (CIMBT) is losing market share in mortgage refinancing as competition intensifies amid sluggish growth for new housing loans.

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GENERAL

Prudential Thailand highlights wealth transfer needs of affluent families

Published on 23/05/2025

» With a strong and strategic focus on Asia, UK-based multinational insurer Prudential Group is pursuing double-digit annual growth in Thailand through 2027. Its local unit, Prudential Thailand, plans to achieve this target in part by expanding services tailored to high-net-worth (HNW) individuals, according to chief executive Bundit (Kenny) Jiamanukoonkit.

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GENERAL

Pundits upbeat on US tariff agreement

Business, Nareerat Wiriyapong, Published on 22/05/2025

» An international affairs academic and a leading economist are partially optimistic Thailand can reach an agreement with Washington over the latter's stiff reciprocal tariffs, though challenges remain as the levies have already affected the global trading system.

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GENERAL

Bank of Thailand cuts rate as tariff ‘storm’ darkens outlook

Published on 30/04/2025

» The Bank of Thailand cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, in a move to support an underperforming economy facing uncertainty over steep US tariffs.

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GENERAL

Bank of Thailand expected to cut policy rate to 1.75%

Published on 28/04/2025

» The Bank of Thailand (BoT) is expected to slash its policy rate by 0.25 percentage points on Wednesday, amid slower economic growth primarily impacted by the US's tariff policies.

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GENERAL

Thailand faces hit from US-China trade war

Business, Nareerat Wiriyapong, Published on 22/04/2025

» Economists are voicing concerns over escalating tension between the US and China, saying Thailand cannot avoid the indirect repercussions of global trade uncertainty that could strain the country's export and supply chain.