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Search Result for “Krungthai Bank”

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GENERAL

Baht plunges after Pheu Thai politician made Bank of Thailand chairman

Business, Nareerat Wiriyapong, Published on 14/11/2024

» The baht is on course to slip below the key resistance level of 35 to the US dollar after depreciating sharply since government aide Kittiratt Na-Ranong was named the new Bank of Thailand board chairman, raising doubts over the central bank's autonomy, say analysts.

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GENERAL

Bank of Thailand tempers anxiety about chair

Business, Published on 13/11/2024

» Satit Limpongpan, chairman of the selection committee tasked with choosing the new board chairman of the Bank of Thailand, has confirmed the position will not have any influence on the central bank's monetary policy.

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GENERAL

Thai firms wary of Trump impact

Business, Published on 08/11/2024

» The business sector is increasingly concerned about Donald Trump's victory in the US election, with analysts expecting the global economy to be affected by increased US protectionism, while interest rates might decline slower than expected.

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GENERAL

Agency poised to issue B130bn sustainability-linked bond

Business, Wichit Chantanusornsiri, Published on 06/11/2024

» The Public Debt Management Office (PDMO) plans to issue a sustainability-linked bond (SLB) worth 130 billion baht for fiscal 2025.

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GENERAL

Krungthai Bank named Thailand’s derivatives house of the year at AsiaRisk Awards 2024 

Published on 31/10/2024

» Krungthai Bank, with its success in developing money and capital market products and services that address financial risk and investment return management, has won the "Derivatives House of the Year, Thailand" award at the AsiaRisk Awards 2024, organized by Risk.net, a leading global platform for financial risk management. The award recognizes Krungthai Bank's excellent derivative solution offerings to both Thai juristic investors and high-net-worth individuals.

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GENERAL

The final countdown

Business, Post Reporters, Published on 28/10/2024

» All eyes are on next week's US presidential election as the political and economic policies of the world's biggest economy impact every nation across the globe, including Thailand.

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PROPERTY

Bangkok housing market set to decline amid poor economy

Business, Somruedi Banchongduang, Published on 25/10/2024

» SCB EIC, the research centre of Siam Commercial Bank, predicts that the transfer of new residential units in Greater Bangkok will decline by 10% this year, with a further contraction of 1-3% projected for 2025, mainly due to the country's sluggish economy.

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GENERAL

Foreigners dump Thai bonds as BoT signals no further rate cuts

Bloomberg News, Published on 24/10/2024

» Selling of Thai government bonds may extend as political risks mount and the central bank damps prospects of further interest-rate cuts. Foreign funds have pulled over US$850 million from baht bonds in October, set for the biggest monthly outflow since August last year, according to Thai Bond Market Association data.   

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EASY NEWS

Tourism tax to start with air travel

Gary Boyle, Published on 24/10/2024

» Collection of the 300-baht travel tax may start with air passengers in the first phase, with the system needing at least six months before starting, according to the Tourism and Sports Ministry.

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GENERAL

Tourism tax to start with air travel

Business, Narumon Kasemsuk, Published on 24/10/2024

» Collection of the 300-baht travel tax may start with air passengers in the first phase, with the system needing at least six months before starting, according to the Tourism and Sports Ministry.