Showing 1 - 10 of 641
Bank of Thailand chief says local focus key to growth
Business, Somruedi Banchongduang, Published on 14/09/2024
» Domestic resilience and the strength of the local economy will be key to sustaining Thailand's economic growth in the long term, especially amid a slowdown in foreign direct investment (FDI), according to the Bank of Thailand chief.
SCB expects rate cut later this year
Business, Somruedi Banchongduang, Published on 04/09/2024
» Siam Commercial Bank (SCB) expects the Bank of Thailand will begin cutting its policy rate later this year, with additional reductions likely continuing into early next year.
KBank sees mobile app loans fall by 20%
Business, Somruedi Banchongduang, Published on 25/07/2024
» Loan applications through K-Plus, a mobile banking app under Kasikornbank (KBank), have declined by around 20% after the bank slowed its lending growth via the digital platform last year.
Tris slashes corporate bond issuers
Business, Somruedi Banchongduang, Published on 27/06/2024
» Tris Rating, a Thai credit rating agency, has downgraded several corporate bond issuers since the beginning of this year, attributed to weakened financial conditions as economic growth slows.
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.
Robust growth targets amidst stronger scrutiny
Business, Somruedi Banchongduang, Published on 30/03/2024
» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.
JCB expects spending via its cards to grow 20% this year
Business, Somruedi Banchongduang, Published on 22/03/2024
» JCB International Thailand, a Japan-based credit card firm, wants to broaden its reach among affluent cardholders in the Thai market to enhance its growth this year.
CIMBT intensifies drive to expand retail loan portfolio
Business, Somruedi Banchongduang, Published on 19/03/2024
» CIMB Thai Bank (CIMBT) is intensifying its efforts to expand its retail loan portfolio, with the aim of boosting returns in the business segment through both interest rate and fee-based income.
CIMBT eyes growth in wealth segment
Business, Somruedi Banchongduang, Published on 20/12/2023
» CIMB Thai Bank (CIMBT) is planning an aggressive expansion of its wealth segment next year, targeting double-digit growth for the new client base.
Local banks consider regional expansion
Business, Somruedi Banchongduang, Published on 14/11/2023
» Large local banks are mulling regional expansion next year because of high growth potential.