Showing 41 - 50 of 3,969
SCCC Reports Impressive H1 2024 Results Amid Multiple External Challenges
Published on 07/08/2024
» Siam City Cement Public Company Limited (SCCC), a leading player in the cement industry for over five decades, has reported an impressive financial performance for the first half of 2024, demonstrating significant growth and strategic adaptability in a challenging economic environment.
Foreign investors set to increasingly focus on Asean, Thailand
Business, Somruedi Banchongduang, Published on 06/08/2024
» CIMB Thai (CIMBT) anticipates increased opportunities for foreign direct investment (FDI) in Thailand due to the global trend of relocating manufacturing bases amid heightened US-China trade tensions.
Bank of Thailand allows banks to give credit to debt scheme users
Somruedi Banchongduang, Published on 05/08/2024
» The Bank of Thailand (BoT) is allowing banks to continue providing credit lines to retail borrowers participating in debt restructuring programmes to help support their liquidity amid a slower income recovery.
Economists warn of potential ‘lost decade’
Business, Published on 03/08/2024
» SCB EIC, a research centre under Siam Commercial Bank (SCB), has raised concerns that the economy might be on the verge of entering a "lost decade".
Monitor the wallet scheme
Oped, Editorial, Published on 03/08/2024
» The wait is over. The Srettha government finally launched the long-awaited digital wallet scheme on Thursday. This costly cash handout is the flagship policy of the Pheu Thai Party from the 2023 general election. The scheme will put 450 billion baht of digital cash into the hands of over 40 million eligible recipients, with the hope that they will buy local goods, spurring grassroots trade and investment.
KTB poised to hit 2024 lending target
Business, Somruedi Banchongduang, Published on 02/08/2024
» Krungthai Bank (KTB) expects to achieve its loan growth target for this year despite experiencing a lending contraction in the first six months.
Central bank reassessing consumer lending rules
Business, Somruedi Banchongduang, Published on 01/08/2024
» The Bank of Thailand is reviewing its regulations on loan-to-value (LTV) ratios for mortgage loans and minimum payments for credit cards amid the weakened debt servicing ability of individual borrowers.
BEM Advances Orange Line Construction with CK Partnership
Published on 01/08/2024
» BEM, entrusted by the government to undertake the Orange Line MRT from Bang Khun Non to Min Buri (Suwinthawong), has officially signed a contract with CK. This partnership focuses on the civil engineering construction of the Orange Line’s western section, extending from Bang Khun Non to Thailand Cultural Centre. The project, set to commence in August, is slated for completion in six years. The eastern section, from Thailand Cultural Centre to Min Buri, is projected to be operational within three years and six months, ahead of schedule.
Analyst sees headwinds persisting until mid-2025
Business, Nareerat Wiriyapong, Published on 30/07/2024
» A high level of non-performing loans (NPLs), slow loan growth and rising household debt will continue to pressure banks until the first half of next year as a reduction in consumer purchasing power and rising living costs will affect not only small businesses but also large companies, analysts say.
AoT greenlights Suvarnabhumi airport expansion plan
Supoj Wancharoen, Published on 29/07/2024
» The Airports of Thailand's (AoT) board has approved the master plan for a five-year expansion project at Suvarnabhumi airport, which will take place between 2025 and 2030.