Showing 1 - 10 of 888
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.
Credit bureau chief clarifies changes to blacklist rules
Business, Somruedi Banchongduang, Published on 31/05/2024
» The National Credit Bureau (NCB) says it has the authority to reduce the time bad debtors remain on its credit blacklist, currently eight years, with the decision resting with the Committee for the Protection of Credit Information.
Central bank says current inflation goal 'appropriate'
Bloomberg News, Published on 30/05/2024
» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.
20 years of errors can't be fixed easily
Oped, Chartchai Parasuk, Published on 30/05/2024
» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.
Call for action on real estate loans
Business, Wichit Chantanusornsiri, Published on 28/05/2024
» The National Economic and Social Development Council (NESDC), the state planning unit, has urged financial institutions to adopt proactive policies in restructuring real estate loans following a sharp rise in the rate of non-performing loans (NPLs) for this type of credit.
Misinformation overload
Life, Alongkorn Parivudhiphongs, Published on 28/05/2024
» From exaggerated crime reports to hyperbolic political coverage, the trend towards dramatisation is reshaping how the public consumes news in Thailand, especially on television screens. Critics, however, have raised a red flag that this not only distorts fact-based reality but also undermines the media's role in providing accurate and responsible journalism, potentially leaving audiences more misinformed and emotionally manipulated.
Green push needs united approach
News, Published on 20/05/2024
» Bridging the divide between agriculture and forestry is imperative for climate action. The global and national race is on to steeply reduce emissions over the next six years. According to the watershed Global Stocktake report, released ahead of COP28 in Dubai, we face the daunting task of reducing emissions by 43% by 2030 to retain the possibility of limiting warming to 1.5 degrees by the end of the century, and 27% to stabilise at a 2-degree temperature increase. Since the Paris Agreement was signed in 2015, we have managed only to be on track for a 2% reduction in emissions against 2019 baselines. Each subsequent year, we collectively feel the impacts of a hotter, more volatile climate as new records are set for temperature and natural disasters.
Finance minister and BoT chief to meet Thursday
Published on 15/05/2024
» Finance Minister Pichai Chunhavajira says he plans to meet with Bank of Thailand Governor Sethaput Suthiwartnarueput on Thursday, in hopes of easing disagreements between the government and the central bank over interest rates.
SCG: Leading Green Innovation and Empowerment
Published on 10/05/2024
» Siam Cement Group (SCG), known as the Organisation of Opportunities, empowers people, turns ideas into reality, develops world-class innovations, collaborates across sectors, fosters green innovations, and aims for a low-carbon society. We are committed to fostering mutual growth in a low-carbon society, with a good quality of life, economic prosperity, social well-being, and a sustainable environment. We don't leave anyone behind. In 2024, we allocated 10 billion baht to develop low-carbon production processes and green innovations.
More economists speak up for BoT
Published on 09/05/2024
» A group representing 300 economists has spoken out in favour of the Bank of Thailand’s independence in setting monetary policy after government and business leaders stepped up calls for lower interest rates to support economic growth.