Showing 1 - 10 of 12,654
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.
Boost seen from Thai Airways rehab exit
Business, Nareerat Wiriyapong, Published on 22/10/2024
» Creditors of Thai Airways International (THAI), especially Bangkok Bank (BBL) and Krungthai Bank (KTB), will receive a boost from the national carrier's planned exit from its rehabilitation plan in mid-2025 as the banks are being given multiple options for debt repayment, analysts say.
FTI insists more small firms are ailing
Business, Lamonphet Apisitniran, Published on 21/10/2024
» More small and medium-sized enterprises (SMEs) are encountering financial difficulties caused by debt and declining sales as economic growth eases, according to the Federation of Thai Industries (FTI).
Falling interest rates to benefit Thai banks
Nuntawun Polkuamdee, Published on 21/10/2024
» As global interest rates are clearly on a downward trend, with the Bank of Thailand expected to cut its policy rate again in December, banking stocks should benefit, according to analysts.
BoT says slowdown won't lead to loan contraction
Business, Somruedi Banchongduang, Published on 21/10/2024
» The Bank of Thailand expects lending in the banking sector will not contract this year despite a slowdown based on ongoing debt deleveraging.
Bangkok Bank reports profit uptick of 6.2%
Business, Somruedi Banchongduang, Published on 19/10/2024
» Two listed banks including Bangkok Bank (BBL) have reported positive net profits for the first nine months of the year, while another two banks posted lower profits.
Traders cautious amid mixed signals from China
Business, Published on 19/10/2024
» RECAP: Asian stocks traded cautiously on Friday after mixed readings on the health of China's economy. The dollar traded close to an 11-week high as robust US economic data suggested the Federal Reserve need not cut interest rates too aggressively.
Surprise rate cut sets tone for Q4
Business, Published on 19/10/2024
» The hot issue the past week was the policy interest rate cut by the Bank of Thailand on Wednesday. The move surprised the market, with the SET index surging 20 points that afternoon. On Friday it pushed above 1,500 for the first time since August 2023.
iCon suspects face grilling
News, Published on 19/10/2024
» The Revenue Department (RD) will summon some key suspects in the scandal involving The iCon Group direct sales company for questioning after they failed to pay personal income taxes.
SCG ESG Symposium Unites Industry Leaders for Green Transition
Published on 18/10/2024
» Thailand’s leading 47 organisations, including businesses from the retail, wholesale, real estate, packaging, sugar, cement, and construction material sectors, as well as the President of the Thai SME Federation, have come together at the CEO Forum: SCG ESG Symposium 2024 to collaborate on six key sustainable practices: