Showing 1 - 10 of 80
Bank of Thailand chief says local focus key to growth
Business, Somruedi Banchongduang, Published on 14/09/2024
» Domestic resilience and the strength of the local economy will be key to sustaining Thailand's economic growth in the long term, especially amid a slowdown in foreign direct investment (FDI), according to the Bank of Thailand chief.
Even with digital wallet, S&P affirms stable outlook
Business, Somruedi Banchongduang, Published on 17/06/2024
» S&P Global Ratings says it plans to maintain its stable outlook for Thailand's sovereign ratings even if the country implements the digital wallet scheme.
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.
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.
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.
Krungsri upbeat on outlook for Japanese, multinational loans
Business, Somruedi Banchongduang, Published on 30/04/2024
» Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.
Thai banks eye regional expansion
Business, Somruedi Banchongduang, Published on 16/04/2024
» Driven by the growth potential of Asean economies, large local banks are likely to see significant opportunities to expand their regional business and enhance their revenue prospects, according to Fitch Ratings Thailand.
CIMBT intensifies drive to expand retail loan portfolio
Business, Somruedi Banchongduang, Published on 19/03/2024
» CIMB Thai Bank (CIMBT) is intensifying its efforts to expand its retail loan portfolio, with the aim of boosting returns in the business segment through both interest rate and fee-based income.
KBank eyes gain for regional banking
Business, Somruedi Banchongduang, Published on 29/02/2024
» Kasikornbank (KBank) is projecting 20% revenue growth for its regional banking business this year, in line with economic growth in Indonesia, Vietnam and China.
Krungsri keen for retail regional push
Business, Somruedi Banchongduang, Published on 02/02/2024
» Krungsri (Bank of Ayudhya) plans to expand its retail banking business in regional markets because of the high growth potential of Southeast Asian economies.