Showing 1 - 10 of 13
More tax incentives sought to help elderly with employment
Business, Pawee Sirimai, Published on 07/11/2017
» Deputy Prime Minister Somkid Jatusripitak has instructed the Fiscal Policy Office (FPO) to consider additional tax incentives as a means to support senior citizens' employment and businesses as Thailand moves towards becoming an aged society.
Soured SME loans forecast to drop off by early 2018
Business, Pawee Sirimai, Published on 10/08/2017
» Non-performing loans (NPLs) in the small and medium-sized enterprise (SME) sector are expected to peak at 4.6-4.7% of outstanding loans this year, thanks to a recovery in private consumption and stricter commercial bank lending criteria, says TMB Analytics.
Housing lenders say NPL peak in sight
Business, Pawee Sirimai, Published on 03/08/2017
» Bad housing loans are expected to peak this quarter as lenders' tightened scrutiny and debt restructuring keep a lid on deteriorating assets, says the Housing Finance Association.
Escaping the debt trap
Business, Pawee Sirimai, Published on 24/07/2017
» People with more debt payment to make monthly than what they can afford could easily get into a deeper hole without proper help and planning.
MPC keeps rate steady, frets over bad SME loans
Business, Pawee Sirimai, Published on 25/05/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate unchanged yesterday at 1.5% as widely expected while voicing concerns over the debt-servicing ability of small and medium-sized enterprises (SMEs).
Srisawad aims for 20-30% loan gain
Business, Pawee Sirimai, Published on 24/05/2017
» Srisawad Corporation Plc (SAWAD) conservatively targets 20-30% loan growth this year, while its recent partial acquisition of Bangkok First Investment and Trust Plc (BFIT), a deposit-taking financial firm, is expected to help the company slim down financial costs.
World Bank keeps wary outlook
Business, Pawee Sirimai, Published on 19/04/2017
» The country's underlying productivity challenges are expected to cap Thai economic growth at a mere 3.4% in 2019, the World Bank says.
Fintech eats into bank branch figures
Business, Pawee Sirimai, Published on 23/03/2017
» Fast-growing fintech is shifting consumer behaviour towards the digital banking channel and forcing commercial banks to pare down their brick-and-mortar branch networks, says a Bank of Thailand senior official.
P2P lending rules slated for approval
Business, Pawee Sirimai, Published on 15/11/2016
» The Bank of Thailand's regulations for peer-to-peer (P2P) lending will go to Finance Minister Apisak Tantivorawong for approval by year-end with the operating licence expected to be issued next year, says a senior bank official.
Bad loan growth to continue
Business, Pawee Sirimai, Published on 11/11/2016
» An uptick in bad loans at commercial banks looms next year as some sectors fail to benefit from the current economic recovery, says a senior Bank of Thailand official.