Showing 1 - 10 of 198
Analysts expecting rate cuts to be delayed
Business, Somruedi Banchongduang, Published on 21/05/2024
» Following better-than-expected GDP growth in the first quarter, research houses are predicting that the Bank of Thailand will delay any policy rate cut until the end of this year or next year.
Bank of Thailand warns of long-term downturn
Business, Somruedi Banchongduang, Published on 23/02/2024
» The Thai export sector has lost competitiveness in global markets, with the market share of rice shipments falling by more than 50% over the past 20 years, according to the Bank of Thailand (BoT).
Bank of Thailand comfortable with current interest rates
Business, Somruedi Banchongduang, Published on 16/01/2024
» The Bank of Thailand (BoT) says the existing policy rate remains appropriate for economic recovery, while inflation is projected to stay within the target range.
SCB assesses its digital future
Business, Somruedi Banchongduang, Published on 07/10/2023
» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.
World Bank cuts Thai growth to 3.4%
Business, Somruedi Banchongduang, Published on 03/10/2023
» The World Bank trimmed Thailand's economic growth forecast for this year and 2024 based on anticipation the country's exports would contract due to easing global demand. Tourism and private consumption are the key fuel driving economic growth.
Improving the auto loan sector's standards
Business, Somruedi Banchongduang, Published on 26/08/2023
» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.
Credit card firms push BoT rethink
Business, Somruedi Banchongduang, Published on 12/08/2023
» The Credit Card Club, a unit of the Thai Bankers' Association, plans to talk to the Bank of Thailand about expanding the ceiling interest rate and prolonging the relaxation of minimum payments for card spending.
Credit card firms want to hike top rate
Somruedi Banchongduang, Published on 11/08/2023
» Credit card issuers are planning to ask the Bank of Thailand to raise the maximum interest rate they can charge and to put off an increase in the monthly minimum payment rate.
Hire-purchase lenders call for rate hike
Business, Somruedi Banchongduang, Published on 11/07/2023
» The Thai Hire-Purchase Association (THPA) has asked the Office of the Consumer Protection Board (OCPB) to increase the maximum interest rate for hire-purchase loans as the business is being affected by rising rates.
Man with a mission
Business, Somruedi Banchongduang, Published on 08/07/2023
» Household debt should be a national agenda item and legal support is required to manage the problem comprehensively, says Piti Tantakasem, chief executive of TMBThanachart Bank (ttb), in an exclusive interview with the Bangkok Post.