Showing 1 - 10 of 78
Forecast cut for foreign arrivals
Business, Somruedi Banchongduang, Published on 23/12/2021
» The Bank of Thailand has cut its forecast for foreign tourist arrivals in 2022 because of the impact of the Omicron variant and government measures to restore mandatory quarantine for visitors entering the country from overseas.
Digital savings products gain traction
Business, Somruedi Banchongduang, Published on 01/02/2021
» Saving for a rainy day is an ideal approach in times of great uncertainty. Although the prolonged low interest rate environment tends to make people hesitate about embarking on a traditional savings plan, digital savings products are a secure and wise choice to make your money work in a low-interest world.
Krungthai forecasts GDP gain of 2.5%
Business, Somruedi Banchongduang, Published on 14/01/2021
» Thailand's GDP growth is forecast at 2.5% this year, assuming the government maintains stringent measures to contain new Covid-19 infections until February, says Krungthai Compass.
Thai Credit Guarantee Corporation has key role in SME funding
Business, Somruedi Banchongduang, Published on 12/12/2020
» Loan guarantees by a government agency are key in allowing small and medium-sized enterprises (SMEs) better access to funding sources amid higher risks caused by the pandemic, says the Bank of Thailand.
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.
CIMBT set to cut cost-to-income ratio
Business, Somruedi Banchongduang, Published on 03/11/2020
» SET-listed CIMB Thai Bank (CIMBT) plans to reduce its cost-to-income ratio for the next four years after completing digital platform development.
Robinhood eyes customer acquisition
Business, Somruedi Banchongduang, Published on 27/10/2020
» Robinhood, a local food delivery platform under Siam Commercial Bank (SCB), anticipates posting losses for the next three years under a no gross profit (GP) policy to support small merchants.
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.
BoT predicts growth in upcoming Q2
Business, Somruedi Banchongduang, Published on 01/10/2020
» Thailand's economy is expected to return to growth in the second quarter next year, supported by government stimulus measures and a low-base effect, says the Bank of Thailand.
Headwinds cause major B4.9tn loss
Business, Somruedi Banchongduang, Published on 29/09/2020
» Uncertainties in domestic politics, economic policies and the external front over the past 14 years led to losses to Thailand's GDP worth 4.9 trillion baht, according to a research paper.