Showing 1 - 10 of 144
Developer pushes mortgage options
Business, Somruedi Banchongduang, Published on 14/09/2024
» The government is being advised to offer 20-year fixed-rate mortgages to help low-income individuals access lending, addressing an obstacle for many Thais who want to own a home.
Central bank backs effort to tackle cheap Chinese imports
Somruedi Banchongduang, Published on 22/08/2024
» The Bank of Thailand is backing government initiatives to address the issue of cheap Chinese products flooding the Thai market.
Double financing adds to property sector's woes
Business, Somruedi Banchongduang, Published on 20/08/2024
» Higher debt leverage resulting from double financing is making it more difficult for property companies to secure bank loans, forcing some developers to rely on short-term loans from major shareholders.
UOB stands behind companies' regional expansion efforts
Business, Somruedi Banchongduang, Published on 15/08/2024
» UOB Thailand is committed to supporting large local corporations expanding into Southeast Asia to capitalise on the significant growth potential of regional economies, while also investing in domestic digital technology.
Loan growth slows amid credit crunch
Business, Somruedi Banchongduang, Published on 14/08/2024
» Kasikorn Research Center (K-Research) has slashed its total loan growth projection for the banking industry in 2024 to 1.5% from an earlier forecast of 2.5-3.5%.
To cope with credit risk, Thai banks focus on asset quality
Business, Somruedi Banchongduang, Published on 12/08/2024
» Large local banks anticipate their corporate clients will face heightened challenges in the second half of this year because of global uncertainties and concerns about a potential US recession.
Mortgage rejection rates likely to persist
Business, Somruedi Banchongduang, Published on 09/08/2024
» Mortgage applications for homes priced below 3 million baht will likely continue to face higher rejection rates over the next two years because of a slowdown in the residential segment.
Fitch downgrades based on financial leverage
Business, Somruedi Banchongduang, Published on 11/07/2024
» Fitch Ratings Thailand downgraded three large local companies in the first half of this year based on their weakened ability to repay debt, attributed to increased financial leverage.
MPC votes 6-1 to keep policy rate
Business, Somruedi Banchongduang, Published on 13/06/2024
» Thailand's GDP growth rate could potentially reach 3% this year, contingent on the disbursement of the fiscal budget and the implementation of the digital wallet scheme this year, according to the central bank.
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.