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Search Result for “foreign banks”

Showing 1 - 10 of 19

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BUSINESS

BoT nears QAB deal with Malaysians

Business, Pawee Sirimai, Published on 29/11/2017

» The Bank of Thailand expects to reach a conclusion with Bank Negara Malaysia on long-awaited Qualified Asean Banking (QAB) criteria soon, paving the way for indigenous banks in one country to operate in the other and receive similar treatment as local banks.

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BUSINESS

State banks urged to support more SMEs

Business, Pawee Sirimai, Published on 07/11/2017

» Deputy Prime Minister Somkid Jatusripitak is urging state-owned banks to play a more aggressive role in supporting small and medium-sized enterprises (SMEs).

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BUSINESS

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).

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BUSINESS

BoT chief puts focus on stability

Business, Pawee Sirimai, Published on 19/09/2017

» Bank of Thailand governor Veerathai Santiprabhob says the rate-setting committee must give weight to financial stability in deciding on the policy rate, in addition to short-term benefits.

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BUSINESS

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.

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BUSINESS

Private sector stays cautious on exports

Business, Pawee Sirimai, Published on 06/09/2017

» Thailand's top business group is keeping this year's export forecast at 3.5-4% as it remains cautious over a number of downside risks.

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BUSINESS

BoT relaxes capital curbs for flexibility

Business, Pawee Sirimai, Published on 05/09/2017

» The Bank of Thailand has further relaxed curbs on capital outflows with the goal of widening overseas investment opportunities for local investors, giving more flexibility to money changers and creating a balance of fund flows to weaken the strong baht.

BUSINESS

BoT mulls further anti-speculation steps

Business, Pawee Sirimai, Published on 22/08/2017

» The Bank of Thailand may consider additional measures to curb baht speculation after occasional increases in the volume of foreign exchange transactions have been detected, says a senior official at the central bank.

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BUSINESS

BoT unveils SME forex option contract

Business, Pawee Sirimai, Published on 18/08/2017

» The Bank of Thailand plans to roll out a foreign exchange option with a lower fee to encourage small and medium-sized enterprises (SME) to access forex hedging tools in dealing with the firmer baht.

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BUSINESS

EDC terminal installation misses mark

Business, Pawee Sirimai, Published on 09/06/2017

» The government's plan to completely install 560,000 credit and debit card-swiping terminals by the first quarter of next year could be delayed, says a senior Bank of Thailand official.