Showing 41 - 50 of 2,691
World Bank cuts Thai growth forecast
Business, Somruedi Banchongduang, Published on 02/04/2024
» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.
Robust growth targets amidst stronger scrutiny
Business, Somruedi Banchongduang, Published on 30/03/2024
» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.
Ttb set to roll out nanofinance service in April
Business, Somruedi Banchongduang, Published on 28/03/2024
» TMBThanachart Bank (ttb) is scheduled to introduce a nanofinance service next month, employing a risk-based pricing (RBP) approach in preparation for the central bank's new lending model.
Currency nosedives amid more seasonal fluctuations
Business, Somruedi Banchongduang, Published on 23/03/2024
» The baht plunged against the US dollar on Friday, primarily influenced by external factors, with seasonal fluctuations expected to exert continued pressure on the local currency, potentially weakening to 37 per dollar during the second quarter.
JCB expects spending via its cards to grow 20% this year
Business, Somruedi Banchongduang, Published on 22/03/2024
» JCB International Thailand, a Japan-based credit card firm, wants to broaden its reach among affluent cardholders in the Thai market to enhance its growth this year.
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.
Thai banks make shift to transition finance
Business, Somruedi Banchongduang, Published on 16/03/2024
» Large local banks are moving forward with plans to introduce transition products in the third quarter of this year, in line with sustainable finance requirements set down by the Bank of Thailand.
SCB EIC predicts 2 rate cuts in H1
Business, Somruedi Banchongduang, Published on 15/03/2024
» SCB EIC, a research centre under Siam Commercial Bank (SCB), expects the Bank of Thailand to start cutting the policy rate in April because of structural economic problems.
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.
Mortgage rejection rate soars after pandemic
Business, Somruedi Banchongduang, Published on 12/03/2024
» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.