Showing 1 - 10 of 82
Foreign tourist arrivals gain in April from previous month
Business, Somruedi Banchongduang, Published on 31/05/2025
» Foreign tourist arrivals improved in April, supported by European and Middle Eastern travellers, contributing to higher tourism income, says a Bank of Thailand executive.
Virtual banks to be announced in June
Business, Somruedi Banchongduang, Published on 18/04/2025
» The Finance Ministry is scheduled to announce the list of approved virtual banks by June 19, with the Bank of Thailand confirming it will grant three banking licences in the initial stage.
Thai economy improved in January, says central bank
Reuters, Published on 28/02/2025
» Thailand's economy in January improved from the previous month, driven by tourism and consumption, the central bank reported on Friday.
Local bank loans shrink the most in 15 years
Business, Somruedi Banchongduang, Published on 19/02/2025
» The banking industry recorded its highest level of loan contraction in 15 years in 2024, driven by tighter loan approvals amid borrowers' weaker debt repayment ability, according to an executive at the Bank of Thailand.
Trends set to shape Thailand in 2025
Business, Post Reporters, Published on 01/01/2025
» Several significant trends are set to shape the nation's economic, technological and cultural landscape this year. These developments will unfold alongside significant challenges, including slow economic growth, rising household debt, political instability, climate change, environmental pressures, an ageing population leading to labour shortages, and cybersecurity threats.The emerging trends cover areas such as economic initiatives and policies, technological advancements, tourism and hospitality, as well as infrastructure and real estate.
Sector gets set for onset of virtual banks
Business, Published on 01/01/2025
» Thailand is on the verge of a major transformation of its banking sector thanks to the introduction of virtual banks.
Bank of Thailand sees household debt dipping
Business, Somruedi Banchongduang, Published on 05/10/2024
» Household debt is expected to continue declining in the third and fourth quarters of this year, driven by economic growth, according to the Bank of Thailand.
Central bank intervenes in baht's exchange rate
Business, Somruedi Banchongduang, Published on 01/10/2024
» The Bank of Thailand has acknowledged its intervention in the value of the baht, citing it as a tool for managing the currency's strength against the US dollar.
Thai household debt eases slightly as loan growth cools on curbs
Published on 30/09/2024
» Thailand’s household debt fell marginally in the second quarter as banks tightened lending to control bad loans and borrowers accelerated debt repayment amid the highest interest rate in a decade.
Strong Thai baht hitting exporters and tourism, says central bank
Published on 30/09/2024
» A rapid appreciation of the Thai baht is hitting exporters and tourism spending, the central bank said on Monday, adding that the currency was gaining due to a weak dollar in the face of stronger regional currencies like the Yuan and Yen.