Showing 1-10 of 188 results
-
Banks agree to reduce loan rates
Business, Somruedi Banchongduang, Published on 26/04/2024
» Thai banks are set to cut the minimum retail rate (MRR) by 25 basis points for a period of six months, aiming to alleviate the debt burden for vulnerable customers in response to the prime minister asking lenders to lower interest rates for vulnerable groups and small businesses.
-
Srettha nudges big banks to cut loan rates
Published on 23/04/2024
» Prime Minister Srettha Thavisin has urged the country’s four biggest commercial banks to reduce loan interest rates for vulnerable groups and small businesses after the Bank of Thailand repeatedly ignored his calls to lower borrowing cost from a decade-high.
-
SCB, Krungthai prepare for potential Italian-Thai loan losses
Business, Somruedi Banchongduang, Published on 10/04/2024
» Siam Commercial Bank (SCB) and Krungthai Bank (KTB) have allocated provisions for potential loan losses related to Italian-Thai Development Plc (ITD), aligning with the asset quality of one of the country's leading contractors.
-
Call for better integration of the informal economy
Business, Somruedi Banchongduang, Published on 20/02/2024
» The Thai Bankers' Association (TBA) is urging the government to bring the informal economy into the economic system to promote transparency and support the country's digital economy.
-
BoT urged to slash rates as risks mount
Business, Lamonphet Apisitniran, Published on 11/01/2024
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has urged the Bank of Thailand to cut interest rates to better match the country's economy, which faces both internal and external risks.
-
Banks to hold interest rates steady
Somruedi Banchongduang, Published on 07/12/2023
» The Thai Bankers’ Association (TBA) has signalled that its members would hold prime interest rates steady, in line with the Bank of Thailand’s policy rate, as the US Federal Reserve plans to start cutting rates next year.
-
All eyes on the new cabinet
Business, Post Reporters, Published on 11/09/2023
» The new cabinet started work last week as Prime Minister Srettha Thavisin led the members to be sworn in at Government House. Many new ministers did not wait for the policy announcement, scheduled for today, checking in at their new offices right away.
-
Digital handout not covered by loans
Business, Wichit Chantanusornsiri, Published on 09/09/2023
» The Finance Ministry will not issue an emergency loan decree to support the government's 10,000-baht digital currency handout, with funding likely to come from the state budget and borrowing from state-owned financial institutions, says Deputy Finance Minister Kritsada Chinavicharana.
-
Leaders approve of farmer debt suspension
Business, Somruedi Banchongduang, Published on 09/09/2023
» The new government's tentative policy of debt suspension for farmers should help to mitigate the debt burden of borrowers, provided it is targeted at the vulnerable segment, say business leaders.
-
Thailand Industry Sentiment Index reaches lowest level in 10 months
Business, Lamonphet Apisitniran, Published on 17/08/2023
» The Thailand Industry Sentiment Index (TISI) dropped to 92.3 points in July from 94.1 points in June, reaching the lowest level in 10 months, as businesses struggled to deal with the impact of high household debt, higher interest rates and political uncertainty.
Your recent history
-
Recently searched
-
Recently viewed links