Showing 1 - 10 of 304
Asian shares slide, gold scales new peak as banking fears weigh
Published on 17/10/2025
» SYDNEY - Asian shares slid, Treasuries extended gains and gold hit a new high on Friday as signs of credit stress at US regional banks unnerved investors and had markets baying for more Federal Reserve policy easing.
Acme Worawat, ACT Warriors donate demining robots
Published on 19/08/2025
» Mr. Worawat Narknawdee, a renowned businessman and investor also known as Acme, announced via his Facebook page ‘Acme Traderist – Worawat Narknawdee’ his plan to join forces with hundreds of thousands of ACT Warriors in the procurement and donation of the ‘DOK-ING MV-4 Remote Controlled Mine Clearance System’ from Croatia, valued at over 100 million baht, for aiding the Royal Thai Armed Forces in demining operations on the Thai-Cambodian border. He also tagged the official Facebook page of the Royal Thai Army in the post, stating:
KBank to transfer B60bn of bad loans
Business, Somruedi Banchongduang, Published on 01/02/2025
» Kasikornbank (KBank) plans to transfer bad assets worth around 60 billion baht to its new joint venture asset management company (JV-AMC) by 2026, reducing the bank's non-performing loans (NPLs).
Asian shares rally as Trump softens tone on China
Business, Published on 25/01/2025
» RECAP: Asian shares rallied yesterday after US President Donald Trump said he thought he could reach a trade deal rather than impose tariffs on China.
Listed banks post 7% net profit growth last year
Business, Somruedi Banchongduang, Published on 23/01/2025
» The banking industry reported softer net profit growth of 7% in 2024, reflecting the country's economic conditions.
Bad debts have reached peak, says state bank
Business, Wichit Chantanusornsiri, Published on 02/01/2025
» The Government Savings Bank (GSB) has the view that non-performing loans (NPLs) in the financial system have already peaked.
Banking income dented by debt aid
Business, Somruedi Banchongduang, Published on 14/12/2024
» The government's recently unveiled debt relief scheme is expected to reduce interest income for the banking industry, but should improve asset quality in the long term, say analysts.
Data paints economy as 'black hole'
News, Chartchai Parasuk, Published on 12/12/2024
» I am known for being pessimistic about the Thai economy. Apart from encouraging official economic growth figures of 1.6% in Q1, 2.2% in Q2, and 3.0% in Q3, I do not think anyone can be optimistic about the economy. It is obvious that GDP data and the actual economic situation do not go hand in hand. It is beyond my comprehension that the non-performing loan (NPL) level rose 14.1% in Q3 while the economy expanded 3.0%. Shouldn't it be the opposite when debtor's income rises?
Making sense of performance figures
Oped, Chartchai Parasuk, Published on 31/10/2024
» I have the duty of reviewing quarterly economic performances and making economic growth projections for a private research firm.
Banks post modest increase in profits
Business, Somruedi Banchongduang, Published on 22/10/2024
» The banking sector reported a modest increase in profits for the first nine months of 2024, driven by gains in both interest and fee income, while continuing to allocate substantial reserves for loan losses in preparation for heightened uncertainties.