Showing 31 - 40 of 158
Impact of Omicron less than expected, says BoT
Business, Somruedi Banchongduang, Published on 01/02/2022
» The Bank of Thailand (BoT) believes the Omicron coronavirus variant has affected the economy to a lesser degree than predicted, despite dampening the country's economic activities during January.
Banks post improved profits last year
Business, Somruedi Banchongduang, Published on 22/01/2022
» The local banking sector reported higher net profit for 2021 thanks to lower loan-loss provisions and improved operating profit, despite challenging economic conditions given the impact of the prolonged pandemic.
Central bank weighs up Omicron scenarios
Business, Somruedi Banchongduang, Published on 06/01/2022
» Thailand's economic march towards regaining the levels reached in 2019 could be delayed if the Omicron variant has a huge impact and the pandemic is prolonged in the country, says the Bank of Thailand.
Forecast cut for foreign arrivals
Business, Somruedi Banchongduang, Published on 23/12/2021
» The Bank of Thailand has cut its forecast for foreign tourist arrivals in 2022 because of the impact of the Omicron variant and government measures to restore mandatory quarantine for visitors entering the country from overseas.
Hotels less taken with BoT scheme
Business, Somruedi Banchongduang, Published on 17/11/2021
» The rate at which hotel business operators have been joining the Bank of Thailand's (BoT) asset warehousing programme -- a debt relief measure -- has been easing due to an improvement in domestic tourism following the country's reopening, said an executive at the central bank.
Krungsri Consumer open to future cryptocurrency use
Business, Somruedi Banchongduang, Published on 13/11/2021
» Krungsri Consumer, the unsecured loan unit of Bank of Ayudhya (BAY), under the marketing brand of Krungsri, is open to the future use of cryptocurrencies and other forms of digital currencies via credit card spending, in line with the digital age.
BoT positive on provinces
Business, Somruedi Banchongduang, Published on 12/11/2021
» Regional and provincial economic activities have been picking up after the country's reopening and the positive momentum is expected to be carried on in the remaining period of this year, says an executive at the Bank of Thailand (BoT).
CIMBT relaxes lending conditions for mortgages
Business, Somruedi Banchongduang, Published on 05/11/2021
» CIMB Thai Bank (CIMBT) has relaxed its lending conditions for mortgage loans by reverting to the criteria that was in place prior to the pandemic, thanks to its improving asset quality and the economic recovery.
BoT raises economic revival hopes
Business, Somruedi Banchongduang, Published on 30/10/2021
» The Bank of Thailand (BoT) expects next week's reopening to further raise public confidence, coming on the back of an improvement in domestic consumption following a relaxation of Covid-19 restrictions.
BoT focusing on digital innovation
Business, Somruedi Banchongduang, Published on 19/10/2021
» The Bank of Thailand (BoT) is developing the country's financial ecosystem by balancing financial stability and technology development to transform the financial sector into the digital era.