Showing 1 - 10 of 52
BoT optimistic 4% growth obtainable
Business, Pawee Sirimai, Published on 01/12/2017
» The Bank of Thailand has painted a rosy picture of the country's economy, saying it is quite possible for fourth-quarter growth to exceed the 4.3% registered in the third quarter, adding full-year growth of 4% is obtainable if exports continue to rise at a double-digit pace.
KBank: Minimum 3.9% GDP growth
Business, Pawee Sirimai, Published on 24/11/2017
» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.
MTI testing new product for app that tracks driving risk
Business, Pawee Sirimai, Published on 15/11/2017
» Muang Thai Insurance Plc (MTI) will use its customers' driving behaviour data tracked on its new mobile application to determine car insurance premiums, starting from the third quarter of 2018.
BoT: Commercial banks' bad loans to peak in Q4
Business, Pawee Sirimai, Published on 11/11/2017
» Commercial lenders' bad loans will peak at just above 3% of loans outstanding this quarter, says a senior Bank of Thailand official.
Demand for B/E cools after defaults
Business, Pawee Sirimai, Published on 18/10/2017
» Bills of exchange (B/E) issuance continues to drop this year as companies have shifted to rely on other debt instruments after a series of B/E defaults occurred late last year, says the Thai Bond Market Association (TBMA).
BoT alarm over plight of poor
Business, Pawee Sirimai, Published on 07/10/2017
» The Bank of Thailand has painted a gloomy picture of private consumption prospects, saying the income of those at the bottom of the economic ladder is slow to recover while their debts keep increasing.
BoT: Exports back GDP growth uptick
Business, Pawee Sirimai, Published on 03/10/2017
» The Bank of Thailand is optimistic about the country's economic outlook, which is supported by strong growth in exports, says central bank governor Veerathai Santiprabhob.
BAY targets 10.5% mortgage growth
Business, Pawee Sirimai, Published on 21/09/2017
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, aims for 10.5% growth in total mortgages this year, outperforming the industry's softer forecast of 6%.
Bucking the crowd
Business, Pawee Sirimai, Published on 09/09/2017
» In 2013, Santitarn Sathirathai, an economist at Credit Suisse, rang the alarm bell on Indonesia's investment boom, saying a golden era was coming to an end and a slowdown in economic growth was brewing for Southeast Asia's largest economy.
More cards, less default, study finds
Business, Pawee Sirimai, Published on 07/09/2017
» Cardholders with a stack of plastic in their wallets have lower default rate than those with only one or two cards, unlike personal loan debtors with multiple creditors, who tend to default more, say researchers at the central bank's think tank.