Showing 1 - 10 of 96
KBank takes cautious view on regional loan expansion
Business, Somruedi Banchongduang, Published on 11/06/2024
» Kasikornbank (KBank) is increasing scrutiny of regional loan growth through stronger risk management and focusing on generating fee-based income from its overseas banking business.
Private investment advanced in April thanks to new cars
Business, Somruedi Banchongduang, Published on 01/06/2024
» The Bank of Thailand reported an increase in private investment in April, attributed to improved sales of new cars after the delivery of vehicles following this year’s Thailand International Motor Show.
Krungsri: Corporate loans slow down as borrowers assess
Business, Somruedi Banchongduang, Published on 07/03/2024
» Wholesale loan growth has remained stagnant this year, with large corporates opting to wait for more favourable economic conditions before committing to new investments, according to an executive at Bank of Ayudhya (Krungsri).
Central bank set to cut growth outlook
Business, Somruedi Banchongduang, Published on 01/02/2024
» The Bank of Thailand (BoT) is likely to slash the country's gross domestic product (GDP) outlook for 2024 after growth in the fourth quarter of last year was weaker than expected.
Thailand faces 20 years of low growth
Business, Somruedi Banchongduang, Published on 16/12/2023
» The World Bank expects Thailand's potential growth to be the lowest among Asean economies over the next 20 years because of the country's ageing demographics and a slowdown in private investment.
KFIN to push investment in tech startups
Business, Somruedi Banchongduang, Published on 11/12/2023
» Krungsri Finnovate Co (KFIN), a corporate venture capital arm of Bank of Ayudhya (Krungsri), plans to expand investment in tech startups in regional markets to support its parent company's business operations in Asean.
BoT prepares for open data service
Somruedi Banchongduang, Published on 30/11/2023
» The Bank of Thailand (BoT) is scheduled to implement open banking policies next year, enabling data owners to easily transfer their data from one service provider to another to allow better data utilisation.
World Bank cuts Thai growth to 3.4%
Business, Somruedi Banchongduang, Published on 03/10/2023
» The World Bank trimmed Thailand's economic growth forecast for this year and 2024 based on anticipation the country's exports would contract due to easing global demand. Tourism and private consumption are the key fuel driving economic growth.
Leaders approve of farmer debt suspension
Business, Somruedi Banchongduang, Published on 09/09/2023
» The new government's tentative policy of debt suspension for farmers should help to mitigate the debt burden of borrowers, provided it is targeted at the vulnerable segment, say business leaders.
Bank of Thailand gauges effect of handout
Business, Somruedi Banchongduang, Published on 01/09/2023
» The Bank of Thailand expects the Pheu Thai Party's proposed 10,000-baht digital handout scheme will require a total budget of around 500 billion baht, adding 3% to GDP growth next year.