Showing 1 - 10 of 43
Factory closures a growing concern
Business, Somruedi Banchongduang, Published on 12/06/2024
» Kiatnakin Phatra Financial Group (KKP) has expressed growing concern over the weakening of Thailand's manufacturing sector after a surge in factory closures.
KBank takes cautious view on regional loan expansion
Business, Somruedi Banchongduang, Published on 11/06/2024
» Kasikornbank (KBank) is increasing scrutiny of regional loan growth through stronger risk management and focusing on generating fee-based income from its overseas banking business.
World Bank cuts Thai growth forecast
Business, Somruedi Banchongduang, Published on 02/04/2024
» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.
Gold price on course to hit record high
Business, Somruedi Banchongduang, Published on 27/01/2024
» The global gold price is expected to hit a new high of US$2,300 per troy ounce this year because of the possibility of US Federal Reserve policy rate cuts, surging inflation and geopolitics risks.
LH Bank zeroes in on Taiwanese prospects
Business, Somruedi Banchongduang, Published on 09/08/2022
» Land and Houses Bank (LH Bank) is putting more focus on Taiwanese businesses in Thailand, aiming for 70% loan growth in this corporate customer segment in 2022.
Banks expected to delay rate hike
Business, Somruedi Banchongduang, Published on 04/08/2022
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes the banking sector will delay raising the interest rate in line with the Bank of Thailand's anticipated gradual policy rate hike.
Export recovery poised to continue, says BoT
Business, Somruedi Banchongduang, Published on 30/01/2021
» Exports are expected to continue improving, following the return to growth in December, the first uptick in 10 months, supported by higher demand from trading partners and better global trade sentiment, says the Bank of Thailand.
Baht set to rise until end of 2021
Business, Somruedi Banchongduang, Published on 10/12/2020
» The baht's appreciation is poised to continue until year-end 2021 as a result of the weaker US dollar and Thailand's current account surplus, with an export recovery potentially tempered by the strong local currency, says a research house.
SME debt scheme hampers loan access
Business, Somruedi Banchongduang, Published on 12/05/2020
» The troubled debt restructuring (TDR) scheme offered to small and medium-sized enterprises (SMEs) was affected by subpar economic growth, a stumbling block for many firms in accessing additional lending as well as the central bank's sponsored soft loans, says the head of the National Credit Bureau (NCB).
BoT records net profit on baht retreat
Business, Somruedi Banchongduang, Published on 23/04/2020
» The Bank of Thailand swung back to a net profit of 365 billion baht for the first three months of this year, largely because the baht retreated against the greenback.