Showing 1 - 10 of 66
Business, Somruedi Banchongduang, Published on 27/08/2024
» The baht is expected to strengthen against the greenback this week, potentially reaching 33.50-33.75 baht per dollar, following its rise to the highest level in 13 months. This appreciation is largely driven by the weakening dollar, which has been impacted by the US Federal Reserve's signal of a potential rate cut next month.
Business, Somruedi Banchongduang, Published on 02/07/2024
» The manufacturing sector posted its highest growth in a year last month, driven by rising manufacturer confidence, according to S&P Global.
Business, Somruedi Banchongduang, Published on 18/05/2024
» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.
Business, Somruedi Banchongduang, Published on 26/04/2024
» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.
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.
Somruedi Banchongduang, Published on 09/11/2023
» The International Monetary Fund (IMF) has revised its forecast for Thai gross domestic product (GDP) growth upward in 2024, based on robust private consumption gains and improving external demand.
Business, Somruedi Banchongduang, Published on 01/11/2023
» The Bank of Thailand expects the economy to have a better growth rate in the third quarter than the second after expansion missed the central bank's target for the previous quarter.
Business, Somruedi Banchongduang, Published on 27/10/2023
» YouTrip, Southeast Asia's leading multi-currency digital payments platform, is planning on regional growth following economic gains in the area since the pandemic.
Business, Somruedi Banchongduang, Published on 25/10/2023
» Thailand's six largest banks booked marginal loan growth of 0.71% in the first nine months of 2023 year-on-year as loan expansion was slow among small and medium-sized enterprises (SMEs) and household debt swelled.
Business, Somruedi Banchongduang, Published on 23/01/2023
» The trend of rising interest rates supported net profit growth among Thai banks last year, while the banking industry saw strong demand for loans in line with the country's economic recovery.