Showing 1 - 10 of 15
Commercial banks' NPLs hit 9-year high at end of March
Business, Oranan Paweewun, Published on 19/05/2020
» Local commercial banks' non-performing loans (NPLs) climbed to a nine-year high at 3.05% of loans outstanding at the end of March, with consumer bad loans outpacing commercial NPLs for the first time in four years.
Fitch offers balanced Thai forecast
Business, Oranan Paweewun, Published on 19/03/2020
» Fitch Ratings has lowered its outlook on Thailand's long-term foreign currency issuer default rating to stable from positive, reflecting impacts of the coronavirus spread on Thailand's economy through its tourism sector and lingering political uncertainty after the country's transition to civilian rule.
The 2020 guide to market moves
Business, Oranan Paweewun, Published on 16/12/2019
» As the new year approaches, it's time to turn our thoughts to establishing financial goals and investment resolutions.
State banks enticing homebuyers
Business, Oranan Paweewun, Published on 09/12/2019
» Buying a home is the biggest purchase of most people's lives, and a mortgage the largest debt most will bear. Locking in cheap home loans can save money on interest payments over time and allow borrowers to spend less time paying off the debt.
BoT upbeat on fourth-quarter outlook
Business, Oranan Paweewun, Published on 30/11/2019
» Even though the economy got off to a rough start in the fourth quarter, the Bank of Thailand remains optimistic that the period's reading will fare better than the third quarter's.
Building the best health plan
Business, Oranan Paweewun, Published on 04/11/2019
» Naris Sakdapolrak, a retired engineer aged 72, had been diagnosed with mitral regurgitation, a heart problem whose remedy costs could reach millions of baht at private hospitals. So he decided to use his medical treatment rights under universal healthcare coverage, better known as the "gold card", and sought treatment at Bhumibol Adulyadej Hospital, according to information from the National Health Security Office (NHSO).
Central bank's net loss shrank to B154bn in 2018
Business, Oranan Paweewun, Published on 26/04/2019
» The Bank of Thailand's net loss narrowed to 154 billion baht in 2018 from 271 billion in the previous year, largely due to interest earned from foreign reserve investment surpassing interest paid for the first time in several years.
Small deposits add up
Business, Oranan Paweewun, Published on 22/04/2019
» The US Federal Reserve's dovish signal of the end of the current rate hike cycle, a slackening of momentum for Thailand's economic growth amid risks from the global economic slowdown and domestic political instability, and the liquidity surplus in the local financial system suggest that low interest rates will persist for an extended period.
KResearch spots 4% GDP growth in 2019
Business, Oranan Paweewun, Published on 08/12/2018
» The Bank of Thailand's rate-setting committee is expected to lift the policy rate for the first time in more than seven years at this year's final meeting on Dec 19, while the Thai economy is projected to grow at a slower pace of 4% next year, down from 4.3% predicted for 2018, says Kasikorn Research Center (KResearch).
Krungsri Consumer's growth guru
Business, Oranan Paweewun, Published on 10/11/2018
» 'Communication, empowerment and technology" are the three words that Thakorn Piyapan uses to sum up how he steers Krungsri Consumer, an unsecured lending arm of Bank of Ayudhya (BAY), which has become the country's largest credit card issuer and personal lender by users under his six-year reign.