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GENERAL

Economist backs consumption stimulus measures

Business, Somruedi Banchongduang, Published on 21/09/2023

» The government's policy of stimulating private consumption is reasonable to sustain Thailand's economic growth amid global uncertainties, says an economist with Standard Chartered Bank (Thai).

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GENERAL

Debt problem getting worse, say analysts

Somruedi Banchongduang, Published on 15/09/2023

» The proportion of heavily indebted borrowers has soared to 30% of all unsecured loan debtors, according to ttb analytics.

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GENERAL

Bank of Thailand governor proposes fiscal suggestions

Business, Somruedi Banchongduang, Published on 15/09/2023

» The government's economic policies should be considered in terms of their medium-term impact amid concerns about fiscal instability, says the head of the Bank of Thailand.

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GENERAL

UOB keys on family firms

Business, Somruedi Banchongduang, Published on 14/09/2023

» UOB Thailand wants to focus on the younger generation of family-run businesses to support customers' expansion in Asean as the regional economy grows.

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GENERAL

Data, AI driving firm's new guise

Business, Somruedi Banchongduang, Published on 12/09/2023

» SET-listed Bangkok Commercial Asset Management Plc (BAM) is transforming into a data and AI-driven organisation to strengthen its business operations amid the digital era.

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GENERAL

Leaders approve of farmer debt suspension

Business, Somruedi Banchongduang, Published on 09/09/2023

» The new government's tentative policy of debt suspension for farmers should help to mitigate the debt burden of borrowers, provided it is targeted at the vulnerable segment, say business leaders.

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Bank of Thailand gauges effect of handout

Business, Somruedi Banchongduang, Published on 01/09/2023

» The Bank of Thailand expects the Pheu Thai Party's proposed 10,000-baht digital handout scheme will require a total budget of around 500 billion baht, adding 3% to GDP growth next year.

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GENERAL

In shift to commercial bank, Thai Credit Retail Bank sets IPO plan

Business, Somruedi Banchongduang, Published on 01/09/2023

» Thai Credit Retail Bank (TCRB) has become a commercial bank, allowing it to offer a full range of financial services.

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Politics plays a role in baht drift

Business, Somruedi Banchongduang, Published on 17/08/2023

» Prolonged political uncertainty is exacerbating baht volatility against the dollar as Thailand still has not formed a new government, says the head of the Bank of Thailand.

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GENERAL

BoT keeps wary eye on bond rollovers

Business, Somruedi Banchongduang, Published on 14/08/2023

» The Bank of Thailand is monitoring the rollover of corporate bonds in the second half after more defaults occurred in the first half, dampening bond market sentiment.