Showing 81 - 90 of 159
KTB vows cooperation after report's claims
Business, Somruedi Banchongduang, Published on 24/09/2020
» Krungthai Bank (KTB) says it's ready to cooperate with local and international regulatory bodies to investigate funds transfers as the bank awaits clearer information from the US Treasury Department's Financial Crimes Enforcement Network (FinCEN).
Bank of Thailand warns of tourism meltdown
Business, Somruedi Banchongduang, Published on 01/09/2020
» Thailand's tourism industry will face greater risks next year if the government continues to restrict foreign travellers from entering the country, says the Bank of Thailand.
Q2 contraction poised to hit 13%
Business, Somruedi Banchongduang, Published on 01/08/2020
» Thailand's second-quarter economic contraction could reach a record 13% year-on-year after business activity was halted by lockdown measures during the period, says the Bank of Thailand.
BoT rules out IMF help, cites fundamentals
Business, Somruedi Banchongduang, Published on 21/07/2020
» Thailand does not need financial assistance from the IMF during the pandemic because of the country's strong economic fundamentals and the financial sector, says the Bank of Thailand.
CIMBT examines efficiency options
Business, Somruedi Banchongduang, Published on 06/07/2020
» CIMB Thai Bank (CIMBT) is studying reallocating working space to cut down on operating costs to adjust to the post-pandemic era.
Hi-Way maintains 2020 branch expansion plan
Business, Somruedi Banchongduang, Published on 26/06/2020
» Tisco Financial Group's microfinance arm, Hi-Way Co, is maintaining its branch network expansion plan for this year, though its business target could be revised in light of the pandemic.
BoT forecasts record contraction
Business, Somruedi Banchongduang, Published on 25/06/2020
» The Bank of Thailand has reduced its economic outlook to a contraction of 8.1% this year, deeper than the 1997 financial crisis, but kept the policy rate on hold at 0.50%.
TBA mulls debt restructuring
Business, Somruedi Banchongduang, Published on 11/06/2020
» The Thai Bankers' Association (TBA) is considering extending debt restructuring measures as the domestic economic recovery should take a couple of years.
BoT sounds out forex dealers on gold quotation in US dollars
Business, Somruedi Banchongduang, Published on 05/06/2020
» The Bank of Thailand has sought the opinion of foreign exchange dealers on whether to shift gold price quotation to US dollars for exports, imports and related activities, and whether to scale back issuance or temporarily scrap sales of short-dated bonds in a bid to curb the baht's rapid gains.
Two-year path to prior growth seen
Business, Somruedi Banchongduang, Published on 29/05/2020
» The economy could take at least two years to return to pre-coronavirus growth levels and this year's nadir could be delayed in the event that a second-wave outbreak occurs, says Standard Chartered Bank Thai.