Showing 1 - 10 of 710
Volatile politics set to hit economy
Business, Somruedi Banchongduang, Published on 12/07/2023
» Kasikorn Research Center (K-Research) expects the domestic political situation to be a key factor affecting the Thai economy in the second half of this year.
Man with a mission
Business, Somruedi Banchongduang, Published on 08/07/2023
» Household debt should be a national agenda item and legal support is required to manage the problem comprehensively, says Piti Tantakasem, chief executive of TMBThanachart Bank (ttb), in an exclusive interview with the Bangkok Post.
BoT considers rate cuts amid debt crisis
Business, Somruedi Banchongduang, Published on 06/07/2023
» The Bank of Thailand is mulling cutting interest rates to help people struggling with debt to exit from a pernicious cycle, says a central bank executive.
Central bank aims to tackle debt crisis
Business, Somruedi Banchongduang, Published on 04/07/2023
» The Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster.
Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
BoT eases forex rules for stability
Business, Somruedi Banchongduang, Published on 28/06/2023
» The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.
Central bank expects easing of loan growth
Business, Somruedi Banchongduang, Published on 15/06/2023
» The Bank of Thailand expects loan growth in the banking industry to slow as demand eases, though rising interest rates should not be a key factor dampening loan expansion.
Krungsri upbeat on digital baht
Business, Somruedi Banchongduang, Published on 12/06/2023
» The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.
Coalition delays seen as threat to growth
Business, Somruedi Banchongduang, Published on 08/06/2023
» The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.
Krungsri sees support for Japan's interests
Business, Somruedi Banchongduang, Published on 01/06/2023
» Bank of Ayudhya, which markets itself as Krungsri, believes the new government will support Japanese investment in Thailand.