Showing 1 - 10 of 222
Fears over sovereign rating revision
Business, Somruedi Banchongduang, Published on 05/09/2025
» Bankers are increasingly concerned about a potential downgrade of the country's sovereign credit rating in the near future due to weakening tax revenues and rising public debt.
Industry leaders fear political vacuum amid slowdown
Business, Somruedi Banchongduang, Published on 04/09/2025
» The private sector is concerned a political deadlock could exacerbate Thailand's economic slowdown over the next six months.
Structural reforms key to solving debt, say bankers
Business, Somruedi Banchongduang, Published on 27/08/2025
» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.
Thai banks swiftly follow policy rate reduction
Business, Published on 15/08/2025
» Local banks have responded swiftly to the Bank of Thailand's policy rate cut, reducing their lending interest rates.
Thai banks start cutting interest rates
Published on 14/08/2025
» Thailand’s top banks have started cutting lending rates, following the central bank’s move on Wednesday to reduce the benchmark policy rate to a two-year low of 1.50% to support a weakening economy hit by US tariffs.
Thai growth projections upgraded on lower US tariffs
Somruedi Banchongduang, Published on 06/08/2025
» The local private sector has increased its forecast for Thai GDP growth this year to 1.8-2.2%, rising from an estimate of 1.5-2% following the recent US decision to reduce tariffs on imports from Thailand from 36% to 19%.
Pichai: US rate likely to be revealed by Saturday
Business, Wichit Chantanusornsiri, Published on 30/07/2025
» US tariffs on Thailand are expected to be announced on Aug 1 or 2, with the rate unlikely to remain at 36%, says Finance Minister Pichai Chunhavajira.
Bankers' association pushes formal economy to the fore
Business, Somruedi Banchongduang, Published on 16/07/2025
» The use of public policy to support the economy should primarily focus on the formal economy and Thai labour, according to Payong Srivanich, chairman of the Thai Bankers' Association (TBA).
Firms call for calm amid political tumult
Business, Wichit Chantanusornsiri, Published on 03/07/2025
» Three major private sector groups have expressed growing concern over political instability, urging the government to ramp up efforts to rebuild trust and confidence among the public and businesses.
Panel projects H2 growth below 1%
Business, Somruedi Banchongduang, Published on 05/06/2025
» The local private sector anticipates Thai GDP growth will be less than 1% in the second half of the year, primarily due to the impact of tariffs.