Showing 1 - 9 of 9
Bad loans expected to hit banks hard this year
Business, Nareerat Wiriyapong, Published on 06/09/2024
» The banking sector is expected to face greater pressure for the remainder of the year as asset quality continues to deteriorate, with the new government seeking to lower lending rates, while risks from bad personal loan and credit card debt rise, say analysts.
Analyst sees headwinds persisting until mid-2025
Business, Nareerat Wiriyapong, Published on 30/07/2024
» A high level of non-performing loans (NPLs), slow loan growth and rising household debt will continue to pressure banks until the first half of next year as a reduction in consumer purchasing power and rising living costs will affect not only small businesses but also large companies, analysts say.
Allianz unit eyes 20% growth in corporate business
Business, Nareerat Wiriyapong, Published on 16/03/2024
» As the insurance industry expands, with new players entering the market and novel products being launched to capture consumer interest, insurance firms in Thailand have developed strategies to drive business growth.
Funding Societies eyes strong growth
Business, Nareerat Wiriyapong, Published on 14/11/2023
» Funding Societies, Southeast Asia's largest unified SME digital finance platform, expects to grow loan provision to Thai small and medium-sized enterprises (SMEs) by a double-digit rate this year after granting loans worth 1.7 billion baht in the first 10 months.
Connecting with Laos
Asia focus, Nareerat Wiriyapong, Published on 20/09/2021
» Landlocked but rich in natural resources and geographically diverse, Laos has a lot to offer. Significant investments from neighbours including China have helped the country achieve economic growth of 6-7% a year over the past decade. Yet, inadequate infrastructure and the absence of a skilled workforce are among the reasons Laos has yet to fulfil its potential.
Rise of the Robots
Asia focus, Nareerat Wiriyapong, Published on 17/05/2021
» The world is witnessing the rapid advancement of technologies and automation in almost every aspect of work today. Businesses are adopting automation and robotics to revolutionise their workplaces, partly to help save costs but also to boost productivity and growth, and for safety reasons.
Winning the AEC race
Asia focus, Nareerat Wiriyapong, Published on 22/09/2014
» Asean is poised to become one of the world's big growth markets, led by economies not yet fully tapped such as Vietnam and Myanmar. But small and mid-sized domestic companies fear being left out amid the intensified competition that regional integration will bring.
AustCham calls for SME aid
Business, Nareerat Wiriyapong, Published on 23/06/2014
» The Australian-Thai Chamber of Commerce (AustCham Thailand) is calling on the government to support small and medium-sized enterprises (SMEs) and strengthen the rule of law, citing the number of auto-part makers planning to invest in Thailand.
SMEs advised to embrace, not fight, AEC integration
Business, Nareerat Wiriyapong, Published on 31/01/2012
» Thai small and medium-sized enterprises (SMEs) are being urged to embrace globalisation and tap cheaper labour and natural resources in neighbouring countries to survive rising competition under the Asean Economic Community (AEC).