Showing 1 - 10 of 461
China's exports and imports return to growth
Reuters, Published on 09/05/2024
» BEIJING: China's exports and imports returned to growth in April after contracting in the previous month, customs data showed on Thursday, signalling an encouraging improvement in demand at home and overseas in a boost to a shaky economic recovery.
Krungsri upbeat on outlook for Japanese, multinational loans
Business, Somruedi Banchongduang, Published on 30/04/2024
» Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.
Domestic car sales see 30% fall in March
Business, Published on 26/04/2024
» Domestic car sales in Thailand remained sluggish in March, falling by 29.8% year-on-year to 56,099 units, though the tally is slightly greater than the February total, according to the Federation of Thai Industries (FTI).
Tisco sees high-yield lending strategy spurring NPLs
Business, Somruedi Banchongduang, Published on 23/04/2024
» Tisco Bank expects its non-performing loans (NPLs) to rise this year as the bank focuses on high-yield loans in an effort to enhance returns.
Asian shares slump as Mideast risk rises
Published on 20/04/2024
» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.
Shares dip amid rate uncertainty, high oil prices
Business, Published on 06/04/2024
» RECAP: Shares in Asia declined yesterday, tracking US stocks as interest rate uncertainty, high oil prices and geopolitical tensions weighed on sentiment.
Loans for electric vehicles poised to expand
Business, Somruedi Banchongduang, Published on 02/04/2024
» Loans for electric vehicles (EVs) are expected to pace auto lending expansion this year as demand gently builds in the Thai market.
Car production drops 19.3% on EV imports
Reuters, Published on 26/03/2024
» Car production in Thailand fell 19.3% in February from a year earlier to 133,690 units, the Federation of Thai Industries (FTI) said on Tuesday, largely due to a decline in production of pickup trucks and more imported electric vehicles (EVs).
CIMBT intensifies drive to expand retail loan portfolio
Business, Somruedi Banchongduang, Published on 19/03/2024
» CIMB Thai Bank (CIMBT) is intensifying its efforts to expand its retail loan portfolio, with the aim of boosting returns in the business segment through both interest rate and fee-based income.
A sneak peek at looming debt balloon
Business, Published on 14/03/2024
» Non-performing loans (NPLs), debt accumulation and stagnant purchasing power have weighed on domestic consumption since last year.