Showing 1 - 10 of 181
Central bank unfazed by factory closures
Business, Somruedi Banchongduang, Published on 18/06/2024
» The Bank of Thailand says new business registrations still outnumber factory and business closures, with no adverse impact yet on the country's employment figures.
MPC votes 6-1 to keep policy rate
Business, Somruedi Banchongduang, Published on 13/06/2024
» Thailand's GDP growth rate could potentially reach 3% this year, contingent on the disbursement of the fiscal budget and the implementation of the digital wallet scheme this year, according to the central bank.
Bank of Thailand mulls new credit model for SMEs
Business, Somruedi Banchongduang, Published on 05/06/2024
» The Bank of Thailand is exploring a tripartite credit guarantee model used by other countries to improve funding access for Thai small and medium-sized enterprises (SMEs).
KBank stays bullish on corporate loans
Business, Somruedi Banchongduang, Published on 28/05/2024
» Kasikornbank (KBank) remains confident in the debt repayment ability of its top 50 corporate clients, despite increased credit risks amid sluggish economic growth.
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.
KBank eases digital loans to improve asset quality
Business, Somruedi Banchongduang, Published on 07/05/2024
» Kasikornbank (KBank) has opted to slow the pace of its digital personal loan business to refine its business model, improving control of the quality of its loan products.
BoT: Baht to reverse course in H2
Business, Somruedi Banchongduang, Published on 01/05/2024
» The baht depreciation softened in April, supported by the Thai economy's improving momentum, while a central bank executive expects the local currency to strengthen in the second half of this year.
Cross-border QR payments with India set to begin in Q3
Business, Somruedi Banchongduang, Published on 29/04/2024
» The Bank of Thailand is gearing up to launch QR code cross-border payments between Thailand and India by the third quarter of this year, with plans to extend the system to become a multinational payment network spanning Asia.
Bad loans set to surge at banks in Q1
Business, Somruedi Banchongduang, Published on 19/04/2024
» The banking sector is poised for higher non-performing loans (NPLs) in the first quarter this year, stemming from retail and small and medium-sized enterprises (SMEs), according to brokerages.
Thai banks told to focus on tech as returns wane
Business, Somruedi Banchongduang, Published on 03/04/2024
» Thai banks are being urged to ramp up their technology transformation efforts to enhance their income after a study found they had the lowest return on equity (ROE) ratio in the region, despite maintaining strong competitiveness compared with their regional peers.