Showing 31 - 40 of 45
Bank trio ally for monorail financing
Business, Somruedi Banchongduang, Published on 11/10/2017
» Three large banks -- Bangkok Bank (BBL), Krungthai Bank and Siam Commercial Bank -- have agreed to a syndicated loan of 63.4 billion baht to finance construction of the Pink and Yellow monorail lines.
4.3% GDP growth predicted in 2018
Business, Somruedi Banchongduang, Published on 11/02/2017
» Standard Chartered Bank Thai expects the economy to gain momentum and reach its growth potential of 4.3% by 2018, underpinned by hefty state investment and private spending.
Loan demand expected to raise rates
Business, Somruedi Banchongduang, Published on 06/01/2017
» Banks' lending rates are expected to start rising in the second half of this year due to stronger loan demand prompted by the improving economy and accelerated state investment in big-ticket infrastructure projects, says TMB Bank's chief.
BoT monitors economy during bereavement
Business, Somruedi Banchongduang, Published on 22/10/2016
» The central bank is keeping a close eye on the economy in the expectation that some business activities may slow down during the mourning period for His Majesty the King.
Current account surplus enjoys healthy growth
Business, Somruedi Banchongduang, Published on 01/12/2015
» Thailand's current account surplus hit a 10-month high in October, propelled largely by a sharp decline in import value and burgeoning tourism.
Cross-border M&As likely to increase
Business, Somruedi Banchongduang, Published on 22/10/2015
» Thailand's cross-border mergers and acquisitions (M&As) will expand further next year, with neighbouring countries continuing to be the major destinations for local companies, says Kasikornbank (KBank).
BBL preps for heavy lending
Business, Somruedi Banchongduang, Published on 09/09/2015
» Investment in state infrastructure projects is likely to boost borrowing from financial institutions early next year when the government's budget kicks off, says an influential banker.
IFC may hike financing for infrastructure
Business, Somruedi Banchongduang, Published on 21/08/2015
» International Finance Corporation (IFC) is considering an increase in its financial facility portfolio in Thailand now that the country is on course to invest in infrastructure development.
KResearch slashes 2015 growth forecast
Business, Somruedi Banchongduang, Published on 24/03/2015
» With the first quarter not yet over, Kasikorn Research Center (KResearch) has significantly lowered its economic growth forecast for this year to 2.8% from 4% due to the delayed economic recovery.
SMEs on last legs as rallies drag on
Business, Somruedi Banchongduang, Published on 20/01/2014
» While companies and almost all salary earners in Bangkok have hardly felt any financial difficulty from the week-long Bangkok shutdown, the rallies in seven important business areas have dealt a big blow to small and medium-sized enterprises (SMEs), which are already under pressure from the stuttering economy, say bankers.