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Search Result for “state agencies”

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GENERAL

The effort to clamp down on scams

Business, Somruedi Banchongduang, Published on 19/09/2024

» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.

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BUSINESS

KTC to offer personal loans on apps

Business, Somruedi Banchongduang, Published on 05/01/2023

» Krungthai Card Plc (KTC), a non-bank business under Krungthai Bank (KTB), plans to offer personal loans via KTB's Pao Tang mobile application this year.

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BUSINESS

Bank of Thailand still upbeat despite headwinds

Business, Somruedi Banchongduang, Published on 03/11/2022

» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.

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BUSINESS

Forecast cut for foreign arrivals

Business, Somruedi Banchongduang, Published on 23/12/2021

» The Bank of Thailand has cut its forecast for foreign tourist arrivals in 2022 because of the impact of the Omicron variant and government measures to restore mandatory quarantine for visitors entering the country from overseas.

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BUSINESS

BoT sees uptick in fourth quarter

Business, Somruedi Banchongduang, Published on 30/09/2021

» The Bank of Thailand believes the economy bottomed out in the third quarter and should gradually pick up from the fourth quarter thanks to progress in the vaccination rollout and earlier than expected relaxation of the government's containment measures.

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BUSINESS

BoT backs borrowings

Business, Somruedi Banchongduang, Published on 17/08/2021

» The Bank of Thailand (BoT) is urging the government to borrow an additional 1 trillion baht to address the severe economic impact of the Covid-19 pandemic and boost the country's long-term growth prospects.

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BUSINESS

BoT cuts 2021 GDP rise to 0.7%

Business, Somruedi Banchongduang, Published on 05/08/2021

» The Bank of Thailand (BoT) has slashed its economic growth projection for this year again to 0.7% as the third wave of Covid-19 has had a more severe impact on the country's economy since the central bank conducted its earlier projection.

BUSINESS

BoT reduces annual growth forecast to 3%

Business, Somruedi Banchongduang, Published on 25/03/2021

» The Bank of Thailand on Wednesday slashed its economic growth forecast this year to 3% from 3.2% made in December, given the impact of the second wave of Covid-19 infections and tepid tourism.

BUSINESS

PEA adopts e-LG to cut expenses

Business, Somruedi Banchongduang, Published on 04/11/2020

» The Provincial Electricity Authority (PEA), a state power distribution arm, has adopted an electronic letter of guarantee (e-LG) integrated with blockchain technology to reduce operation costs and enhance business efficiency.

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BUSINESS

BoT sees slower recovery in 2021

Business, Somruedi Banchongduang, Published on 24/09/2020

» Thailand's economic recovery is expected to take longer than previously anticipated, mainly due to the drastic decline in foreign tourist numbers, says the Bank of Thailand.