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Search Result for “scb eic”

Showing 1 - 10 of 234

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GENERAL

Candidate for Bank of Thailand chief backs aggressive rate cuts

Published on 06/06/2025

» Thailand should be more aggressive in cutting borrowing costs given its bleak growth outlook and subdued inflation, according to Somprawin Manprasert, one of the candidates seeking to become the Bank of Thailand’s new governor. 

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SUSTAINABILITY

Sustainable housing the new trend

Business, Kanana Katharangsiporn, Published on 12/05/2025

» Sustainability has become a defining factor in the housing market, with younger generations demanding homes reflect their environmental values -- pushing developers to move beyond green labels and deliver truly responsible, future-proof residential solutions.

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GENERAL

Bank of Thailand cuts rate as tariff ‘storm’ darkens outlook

Published on 30/04/2025

» The Bank of Thailand cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, in a move to support an underperforming economy facing uncertainty over steep US tariffs.

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GENERAL

Bank of Thailand expected to cut policy rate to 1.75%

Published on 28/04/2025

» The Bank of Thailand (BoT) is expected to slash its policy rate by 0.25 percentage points on Wednesday, amid slower economic growth primarily impacted by the US's tariff policies.

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GENERAL

'We really need to talk'

Business, Post Reporters, Published on 21/04/2025

» With trade tensions exacerbated by the US's reciprocal tariffs, key business sectors are calling on the Thai government to prioritise negotiations with Washington during the 90-day pause, as the nation is expected to be one of the hardest hit from the tariff rate of 36%, which is significantly higher than the regional and global average.

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GENERAL

SCB economists cut Thai growth outlook

Business, Nareerat Wiriyapong, Published on 10/04/2025

» SCB EIC, the research centre of Siam Commercial Bank (SCB), has downgraded Thailand's economic growth forecast this year to 1.4-1.5% from 2.4% after US President Donald Trump's tariff hike on Thai imports.

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GENERAL

Construction sector faces post-quake challenges

Business, Kanana Katharangsiporn, Published on 08/04/2025

» The construction sector, one of three industries affected by the March 28 earthquake, may benefit from post-quake repair work, but faces stricter bidding rules and a slowdown in condo development, according to a research centre.

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PROPERTY

High-rise condo transfers set to plunge

Published on 03/04/2025

» Transfers of high-rise condominiums in Greater Bangkok are expected to decline by 50%, while total condo transfers in the region may dip by 0.8% from 2024 in the aftermath of last week's earthquake, according to research and securities firms.

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PROPERTY

Home loan easing likely to disappoint

Business, Kanana Katharangsiporn, Published on 03/04/2025

» The recent easing of loan-to-value (LTV) limits may not boost residential transfers and sales as much as expected, particularly after last week's earthquake in Myanmar impacted the high-rise condo market.

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GENERAL

Thai economy forecast to take B30bn hit from quake

Published on 01/04/2025

» Two leading research centres expect the recent earthquake to result in economic losses of 20-30 billion baht in Thailand over the coming months.