Showing 1 - 10 of 19
BoT to improve payment system standard
Business, Somruedi Banchongduang, Published on 16/09/2022
» The Bank of Thailand plans to upgrade the country's payment system standard to stabilise financial services and prevent digital banking glitches.
BoT says confidence key to spurring recovery
Business, Somruedi Banchongduang, Published on 01/09/2021
» Public confidence will be a key factor in boosting the economy after the government eased its strict Covid-19 pandemic restrictions, according to an executive at the Bank of Thailand (BoT).
Committee cuts GDP forecast to 0-1.5% amid latest outbreak
Business, Somruedi Banchongduang, Published on 08/07/2021
» A private sector council has cut Thailand's economic growth projection this year to 0-1.5%, mainly due to the prolonged Covid-19 outbreak.
Survey suggests hotels lacking liquidity
Business, Somruedi Banchongduang, Published on 06/07/2021
» The remaining liquidity of most hotel operators means they will be able to cover operation costs for less than three months, a Bank of Thailand (BoT) survey suggests.
CIMBT eyes hotels for uptick
Business, Somruedi Banchongduang, Published on 02/07/2021
» The research house of CIMB Thai Bank (CIMBT) forecasts Bangkok and the five surrounding provinces under the government's partial lockdown measures should reopen in August, while the Phuket sandbox scheme should help hotels on the island recover.
CIMBT targets 5% retail loan growth
Business, Somruedi Banchongduang, Published on 18/12/2020
» CIMB Thai Bank (CIMBT) aims to expand retail loan growth by 5% next year, with a focus on mortgage and used-car loan expansions in the second half on expectations of an economic recovery.
Central bank discounts AMC option
Business, Somruedi Banchongduang, Published on 11/12/2020
» The idea of setting up a national asset management company (AMC) is not needed as the current scale of non-performing loans (NPLs) can be managed with debt assistance measures on a case-by-case basis, says the Bank of Thailand.
BoT studies warehousing concept
Business, Somruedi Banchongduang, Published on 18/11/2020
» The Bank of Thailand has been studying a warehousing concept that allows commercial banks to sell commercial loans parked in funds of asset management companies at prices acceptable to both the creditor and borrower.
BoT prepares debt package as second phase nears expiry
Business, Somruedi Banchongduang, Published on 15/10/2020
» The Bank of Thailand plans to implement an additional debt restructuring package using targeted measures to help borrowers during the pandemic as the second-phase debt relief scheme expires.
BoT prepares year-end borrower relief
Business, Somruedi Banchongduang, Published on 14/10/2020
» The Bank of Thailand plans to implement an additional debt restructuring package using targeted measures to help borrowers during the pandemic as the second-phase debt relief scheme expires.