Showing 91 - 100 of 187
TBA unveils package for operators hit by triple whammy
Business, Somruedi Banchongduang, Published on 26/02/2020
» The Thai Bankers' Association (TBA) has come up with a comprehensive assistance package that includes a grace period for principal loan payment with a maximum of one year for tourism operators, exporters, importers, supply chain operators and individuals affected by the coronavirus epidemic and the country's flagging economy.
Krungsri Research lowers growth to 1.5%
Business, Somruedi Banchongduang, Published on 25/02/2020
» Bank of Ayudhya's (BAY) research house Krungsri Research has lowered its forecast for economic growth this year to 1.5% from 2.5% because of the damage from the Covid-19 outbreak, the delayed fiscal budget and the drought.
TBA to seek measures for sector hit by virus
Business, Somruedi Banchongduang, Published on 19/02/2020
» The Thai Bankers' Association (TBA) has planned a meeting for on Wednesday to seek additional measures for tourism and related business operators battered by the coronavirus epidemic.
Thai banks spread QR code in Asean
Business, Somruedi Banchongduang, Published on 10/02/2020
» Thailand is set to kick off cross-border payment via QR code technology in Asean by mid-year, aiming to enhance financial transactions through the digital platform across the region.
KTB looks to SMEs for growth
Business, Somruedi Banchongduang, Published on 23/01/2020
» Krungthai Bank (KTB) aims for 3-5% lending growth this year, focusing on small and medium-sized enterprises (SMEs), but slowing retail loan growth.
Pawnshop chain expects steady activity
Business, Somruedi Banchongduang, Published on 10/01/2020
» Tungthanasin, the country's largest privately owned pawnshop branch network, expects the rate of unredeemed pawned items to be steady from last year's 4.9%, suggesting optimism that this year's economic growth will not deteriorate.
Inflation target narrows
Business, Somruedi Banchongduang, Published on 25/12/2019
» The cabinet has approved the central bank's narrowed headline inflation target for next year to a range of 1-3% from this year's 1-4%, but this does not signal a change in monetary policy, says a senior official at the Bank of Thailand.
Q3 sees dip in bank transaction crashes
Business, Somruedi Banchongduang, Published on 23/12/2019
» The frequency of banking transaction crashes fell sharply in the third quarter after the central bank imposed a measure to publicly disclose them, according to Bank of Thailand data.
Jailbroken phones slapped with ban
Business, Somruedi Banchongduang, Published on 21/12/2019
» Around 10,000 mobile phones that have been jailbroken or have outdated operating systems will be banned from making mobile banking transactions, starting from May 1, 2020, as part of the central bank's efforts to upgrade security for mobile banking.
BoT slashes GDP view on export woes
Business, Somruedi Banchongduang, Published on 19/12/2019
» The Bank of Thailand left the policy rate unchanged at a record low but offered a grim outlook by cutting forecasts for economic growth to 2.5% for this year and 2.8% the next as the US-China trade spat continues to hurt exports.