Showing 1 - 10 of 172
Firms wary of debt amid US tariff woes
Business, Somruedi Banchongduang, Published on 20/05/2025
» Companies have postponed the drawing down of new credit lines as they await clarity on US tariffs following the announcement of the 90-day suspension period, according to a Bank of Ayudhya (Krungsri) executive.
US tariffs expected to dent Thai GDP
Business, Nareerat Wiriyapong, Published on 02/04/2025
» The reciprocal tariffs expected to be announced by US President Donald Trump Wednesday could shrink Thai GDP by as much as 1.2 percentage points from a forecast of 2.5%, with the Bank of Thailand's one projected interest rate cut doing very little to shore up the economy, says InnovestX Securities.
DUP/Thai auto sector frets over planned US tariffs
Published on 28/03/2025
» The US's announcement of a 25% tariff on automobiles has triggered fresh concerns over the sluggish Thai automotive industry as analysts worry about the short-term impact and long-term export uncertainties.
Thai auto sector frets over US tariffs
Published on 27/03/2025
» The US’s announcement of a 25% tariff on automobiles has triggered fresh concerns over the sluggish Thai automotive industry as analysts worry about the short-term impact and long-term export uncertainties.
Krungsri: Auto sales to rebound in 2025
Business, Somruedi Banchongduang, Published on 05/03/2025
» Home and car sales are projected to grow at a low rate this year, bouncing back from deep contractions in 2024, as the economy expands slower than regional peers, according to Krungsri Research.
Trump's tariffs could provide an upside
Nareerat Wiriyapong, Published on 24/02/2025
» The Thai automotive industry, which has been plagued by weak demand for new vehicles, should improve in the second half of 2025 thanks to US President Donald Trump's plan to introduce new auto tariffs, says Naruedom Mujjalinkool, an analyst with Krungsri Securities (KSS).
Asian markets mostly upbeat despite tariff worries
Business, Published on 22/02/2025
» RECAP: Asian markets had a mostly positive week despite persistent concerns about US tariffs and Donald Trump's geopolitical manoeuvring. Hong Kong was again the standout performer thanks to the tech sector led by Alibaba following forecast-topping earnings.
Infinite Automobile, 7 Banks Join Changan Factory Visit in China
Published on 18/02/2025
» Chongqing, China – Infinite Automobile Co., Ltd., led by President Anuwat Intraphuvasak, partnered with Changan Auto Sales (Thailand) Co., Ltd. to host executives from seven leading Thai banks on a tour of the Changan Automobile factory and research and development (R&D) centre in Chongqing, China.
Rama IX Park welcomes winter with flower festival
Life, Published on 21/11/2024
» Rama IX Park will be turned into a colourful sea of flowers as the Enchanting Flora Festival returns from Dec 1-10 to celebrate winter.
Krungsri Embraces AI to Simplify Customer Lives
Published on 03/09/2024
» Human focus is the key to winning customers’ hearts with AI-based customised financial services. Krungsri, a leading bank in Thailand, shared its vision at Techsauce Global Summit 2024.