Showing 1 - 10 of 88
Improved economic data in July
Business, Somruedi Banchongduang, Published on 31/08/2024
» Economic data in July improved from the previous month, mainly attributed to exports and tourism, according to the Bank of Thailand.
BoT leaves interest rate unchanged
Business, Somruedi Banchongduang, Published on 22/08/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate steady at 2.5% on Wednesday, in line with the local economic recovery.
YouTrip eager to grow regional offerings
Business, Somruedi Banchongduang, Published on 10/08/2024
» YouTrip, the Singapore-based fintech firm, is evolving beyond being a travel card service after establishing itself as Southeast Asia's leading multi-currency digital payments platform, demonstrating the fastest growth in the region's business sector.
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.
Baht appreciation pressured by significant challenges
Business, Somruedi Banchongduang, Published on 13/07/2024
» The Thai economy's lower potential growth, a weaker current account surplus and increased capital outflows are pressuring baht appreciation over the longer term, say economists.
Tris slashes corporate bond issuers
Business, Somruedi Banchongduang, Published on 27/06/2024
» Tris Rating, a Thai credit rating agency, has downgraded several corporate bond issuers since the beginning of this year, attributed to weakened financial conditions as economic growth slows.
MPC votes 6-1 to keep policy rate
Business, Somruedi Banchongduang, Published on 13/06/2024
» Thailand's GDP growth rate could potentially reach 3% this year, contingent on the disbursement of the fiscal budget and the implementation of the digital wallet scheme this year, according to the central bank.
Superrich responds digitally to growing travel card threat
Business, Somruedi Banchongduang, Published on 15/05/2024
» Despite growth in foreign arrivals, Superrich Currency Exchange (1995) Co, a leading local money changer, recorded zero growth in transactions during the first four months of this year, primarily attributed to competition from travel card services.
BoT: Baht to reverse course in H2
Business, Somruedi Banchongduang, Published on 01/05/2024
» The baht depreciation softened in April, supported by the Thai economy's improving momentum, while a central bank executive expects the local currency to strengthen in the second half of this year.
PromptPay usage hits record high in 2023
Business, Somruedi Banchongduang, Published on 12/04/2024
» Financial transactions via PromptPay, Thailand’s national electronic payment platform, tallied a new high last year, while cash transactions posted a notable decline.