Showing 11 - 20 of 465
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.
TMBThanachart predicts limited growth in loans
Business, Somruedi Banchongduang, Published on 14/03/2024
» TMBThanachart Bank (ttb) is focusing on assisting retail customers with restructuring their debt this year rather than growing new loans.
Krungsri Auto expects flat growth
Business, Lamonphet Apisitniran, Published on 13/03/2024
» While the 45th Bangkok International Motor Show later this month should ramp up electric vehicle (EV) sales, new auto loans from Krungsri Auto, the country's largest auto loan provider, will grow only 0.4% year-on-year in 2024, says Congsin Congcar, the head of Krungsri Auto Group.
Pickup sales plunge by more than 43%
Business, Lamonphet Apisitniran, Published on 23/02/2024
» Domestic sales of pickups remained sluggish in January, plummeting more than 43% year-on-year, as banks remain cautious in granting auto loans, says the Federation of Thai Industries (FTI).
Thai borrowers top global rankings for greatest fragility
Somruedi Banchongduang, Published on 19/02/2024
» Thailand ranks top in terms of fragile borrowers compared with other countries, and is seeking debt assistance measures from the Bank of Thailand.
Bankers wary regarding debt
Business, Published on 19/02/2024
» The high level of profits posted by the Thai banking sector last year generated a good deal of controversy, with some commentators suggesting interest rates were too high.
On the edge of a precipice?
Business, Published on 12/02/2024
» Tensions between the Bank of Thailand and the coalition government led by Prime Minister Srettha Thavisin, who is also the finance minister, have been apparent for months and flared up last week after the Monetary Policy Committee (MPC) decided to maintain interest rates at 2.5% following a political push for a reduction.