Showing 1 - 10 of 24
World Bank upbeat on Thai growth
Business, Somruedi Banchongduang, Published on 15/12/2021
» The World Bank predicts Thai economic activity will return to 2019 levels by the end of 2022, helping support GDP growth of 3.9% next year, up from 1% this year.
BoT studies warehousing concept
Business, Somruedi Banchongduang, Published on 18/11/2020
» The Bank of Thailand has been studying a warehousing concept that allows commercial banks to sell commercial loans parked in funds of asset management companies at prices acceptable to both the creditor and borrower.
Job woes add to swelling debt load
Business, Somruedi Banchongduang, Published on 23/10/2020
» A rising under-employment rate driven by the Covid-19 crisis will further aggravate the country's swelling household debt and borrowers' debt-servicing struggles, says the Bank of Thailand chief.
Most borrowers ready to exit relief programme
Business, Somruedi Banchongduang, Published on 26/09/2020
» The majority of borrowers who applied for debt relief measures will exit the scheme before it expires next month, with banks preparing to extend the measures on a case-by-case basis.
Gnawing away at mounting debt
Business, Somruedi Banchongduang, Published on 07/09/2020
» Many borrowers are still faced with heavy debt burdens amid the coronavirus outbreak, with most having been pressured by diminishing income and lower debt-servicing ability.
BoT vows to maintain LTV regulations
Business, Somruedi Banchongduang, Published on 05/09/2020
» The Bank of Thailand has been closely monitoring property supply amid the slower pace of residential project sales, vowing to keep loan-to-value (LTV) regulations for mortgage loans unchanged.
K-Research sees U-shaped recovery
Business, Somruedi Banchongduang, Published on 29/08/2020
» Thailand's economy is likely to see a gradual U-shaped recovery driven by government spending, with the ratio of public debt to GDP possibly edging towards the 60% ceiling rate, says Kasikorn Research Center (K-Research).
K-Research: Recovery to come in a U-shape
Business, Somruedi Banchongduang, Published on 28/08/2020
» Thailand’s economy is likely to see a gradual U-shaped recovery driven by government spending, with the ratio of public debt to GDP possibly edging towards the 60% ceiling rate, says Kasikorn Research Center (K-Research).
Banks' capital buffers deemed sufficient
Business, Somruedi Banchongduang, Published on 25/08/2020
» Local banks do not need capital increases thanks to a solid base, with the industry not expecting to beef up capital reserves for two years.
Central bank soothes debt concerns
Business, Somruedi Banchongduang, Published on 22/08/2020
» The prospect of Thailand's public debt-to-GDP ratio edging closer to the 60% ceiling is a minor concern because fiscal policy is being used to rev up economic recovery momentum amid the pandemic, says the Bank of Thailand.