Showing 1 - 10 of 47
EIS optimistic on economic prospects in H2
Business, Somruedi Banchongduang, Published on 13/06/2023
» The Economic Intelligence Service (EIS), a research arm of the Thailand Development Research Institute (TDRI), forecasts a better second half for the Thai economy, driven by increased tourism and domestic consumption, although the political instability would need to be monitored.
Applications for hotel asset warehousing scheme decrease
Business, Somruedi Banchongduang, Published on 30/11/2022
» The total number of hoteliers affected by the Covid-19 pandemic applying for the central bank's asset warehousing scheme has declined thanks to the rebound in the tourism sector, according to an executive at the Bank of Thailand (BoT).
Treading a familiar path to super-app status
Business, Somruedi Banchongduang, Published on 12/11/2022
» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.
Robinhood shifts emphasis to financial services arena
Business, Somruedi Banchongduang, Published on 17/10/2022
» Robinhood, an application for an on-demand delivery service platform under SCB X, plans to apply for two financial business licences that are expected to generate core income over the long term.
KBank eyes ESG-friendly strategy
Business, Somruedi Banchongduang, Published on 22/09/2022
» Kasikornbank (KBank) is planning a decarbonisation strategy in line with the global environmental, social and governance (ESG) trend, with the bank stopping lending to the coal sector.
Banks push regulators to ease FIDF fees
Business, Somruedi Banchongduang, Published on 08/09/2022
» The Thai Bankers' Association (TBA) has discussed with regulators further easing of banks' contributions to the Financial Institution Development Fund (FIDF) as interest rates rise.
Kubix debuts country's first project-based tokenisation
Business, Somruedi Banchongduang, Published on 23/02/2022
» Kubix Digital Asset Co Ltd, an initial coin offering (ICO) portal under Kasikornbank, is offering the country's first asset tokenisation service to a film production project with a total value of 265 million baht.
Silver lining in the debt deluge
Business, Somruedi Banchongduang, Published on 19/02/2022
» Sukhumvit Asset Management Company (SAM) is optimistic non-performing loans (NPLs) in the hotel and tourism-related sectors can be contained as some investors are keen to extend fresh funding for properties with potential in preparation for the medical tourism trend when travel ramps back up again.
SCB preps with long-term debt rejig
Business, Somruedi Banchongduang, Published on 05/01/2022
» Siam Commercial Bank (SCB) has prepared long-term debt restructuring for customers to help them survive the prolonged Covid-19 pandemic, in line with the central bank's requirement.
Hotels less taken with BoT scheme
Business, Somruedi Banchongduang, Published on 17/11/2021
» The rate at which hotel business operators have been joining the Bank of Thailand's (BoT) asset warehousing programme -- a debt relief measure -- has been easing due to an improvement in domestic tourism following the country's reopening, said an executive at the central bank.