Showing 1 - 10 of 12
BoT says lockdown could take big bite out of GDP
Business, Somruedi Banchongduang, Published on 23/07/2021
» The Bank of Thailand predicts the government's tougher measures to contain new infections will lessen economic activity by a range of 0.8 to 2 percentage points.
Branches ordered closed in 13 provinces
Business, Somruedi Banchongduang, Published on 20/07/2021
» The Thai Bankers' Association (TBA) yesterday announced the temporary closure of physical branches of commercial banks located in department stores, shopping centres and community malls in 13 provinces, in line with the government's tightening restrictions to contain the Covid-19 outbreak.
BoT: Thai deposits woefully meagre
Business, Somruedi Banchongduang, Published on 21/12/2019
» One-third of Thai depositors have a deposit balance below 500 baht, while the combined deposits of the largest 10% of depositors account for 93% of commercial banks' total deposits, says the Bank of Thailand's think tank.
BoT: Politics will not harm GDP growth
Business, Somruedi Banchongduang, Published on 02/04/2019
» Domestic politics are not anticipated to affect the country's economic growth this year because the two main political parties vying to form a coalition government have similar economic policies, says the Bank of Thailand.
SMEs fret over wage hikes, energy costs
Business, Somruedi Banchongduang, Published on 07/02/2018
» Small and medium-sized enterprise (SME) optimism fell for the three months to March as firms worry that the imminent minimum wage hikes and rising energy costs will push up their operating costs, according to a quarterly survey by TMB Analytics, the research unit of TMB Bank.
Transport fund IPO postponed to 2018
Business, Somruedi Banchongduang, Published on 04/11/2017
» The initial public offering (IPO) of the Thailand Future Fund (TFF), an infrastructure fund to finance transport projects, will be delayed to next year.
Krungsri dives into nanofinance
Business, Somruedi Banchongduang, Published on 13/10/2016
» Krungsri Consumer, an unsecured lending arm of Bank of Ayudhya (BAY), has branched into nanofinance, aiming for loans outstanding of 170 million baht by the end of 2017.
Debt collectors descend as bad loans mount
Business, Somruedi Banchongduang, Published on 15/06/2015
» As most companies turn cautious during the economic slowdown, debt collectors are going full throttle to capitalise on bad loans clogging financial institutions' balance sheets.
Growth on the cards at KTC
Business, Somruedi Banchongduang, Published on 20/06/2014
» Krungthai Card (KTC) is going upcountry to tap increasing demand for credit cards as purchasing power rises in provincial areas.
Amata B.Grimm mulls Malaysia plant to feed South
Business, Somruedi Banchongduang, Published on 09/09/2013
» Amata B.Grimm Power is considering building a coal-fired power plant in Malaysia to avoid a potential outcry over construction of such a plant in Thailand.