Showing 1 - 10 of 478
Somruedi Banchongduang, Published on 23/09/2024
» The Bank of Thailand has received five applications for three virtual bank licences, with two of the bidders set to drop out of the race over the following year.
Business, Somruedi Banchongduang, Published on 21/09/2024
» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.
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.
Business, Somruedi Banchongduang, Published on 09/09/2024
» Economists believe the time is right for an accommodative monetary policy to ease financial tightening and improve economic activity.
Business, Somruedi Banchongduang, Published on 04/09/2024
» Siam Commercial Bank (SCB) expects the Bank of Thailand will begin cutting its policy rate later this year, with additional reductions likely continuing into early next year.
Business, Somruedi Banchongduang, Published on 31/08/2024
» Economic data in July improved from the previous month, mainly attributed to exports and tourism, according to the Bank of Thailand.
Somruedi Banchongduang, Published on 27/08/2024
» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.
Business, Somruedi Banchongduang, Published on 22/08/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate steady at 2.5% on Wednesday, in line with the local economic recovery.
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.
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.