Showing 1 - 10 of 67
Thai rice exports forecast to fall next year
Published on 18/09/2024
» Thailand’s rice exports are likely to total less than 8 million tonnes next year based on a host of risk factors hampering their competitiveness, such as the strong baht and the possibility of India lifting its export restrictions at year-end.
Economy performing below potential, says minister
Published on 28/08/2024
» Thailand’s economic growth has not reached its full potential, though there are some signs of recovery, according to Paopoom Rojanasakul, a caretaker deputy finance minister.
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.
Bank of England cuts rates for first time since 2020
Published on 01/08/2024
» LONDON - The Bank of England cut interest rates from a 16-year high on Thursday after a tight vote by policymakers who were split over whether inflation pressures had eased sufficiently.
Proactive cybersecurity steps deemed essential
Business, Suchit Leesa-nguansuk, Published on 25/07/2024
» Taking proactive measures in cybersecurity through penetration testing and staying informed about emerging threats will help organisations minimise impacts from attackers amid a fast-changing landscape of threats, said Gregory Pickett, chief executive of Hellfire Security and also a white hat hacker.
Escaping the debt cycle
Business, Somruedi Banchongduang, Published on 15/07/2024
» A 25-year-old woman's struggles with debt of 307,000 baht went viral on social media recently when she asked for advice on how to manage what she owed. She earns 22,000 baht per month, with 6,000 baht going towards rent and 3,000 baht monthly for motorcycle loan payments.
Strict loan rules weigh on vehicle sales
Business, Published on 11/07/2024
» We have turned negative on Thailand's vehicle sales for 2024 after recording weaker-than-expected sales results for the first four months of the year, and showing little potential for a rebound over the second half of 2024 due to debt pressure.
SCB EIC predicts fragile conditions for lending
Business, Somruedi Banchongduang, Published on 20/06/2024
» SCB EIC, a research centre under Siam Commercial Bank, anticipates increased fragility in the household and business sectors, which combined with the Bank of Thailand's responsible lending practices will pressure loan growth in the banking industry over the next few years.
Weak response to central bank's debt scheme
Business, Somruedi Banchongduang, Published on 24/05/2024
» The Bank of Thailand plans to ramp up its debt solution programme for instalment loans after no new participants joined its recent initiative.
Indorama posts $366m earnings in Q1
Business, Published on 14/05/2024
» Indorama Ventures Plc (IVL), a global sustainable chemical producer, reported adjusted earnings before interest, taxes, depreciation and amortisation of US$366 million in the first quarter of this year, a 32% increase from the previous quarter and a 2% decline year-on-year.