Showing 1 - 7 of 7
Rate cuts to take priority next year
Business, Somruedi Banchongduang, Published on 18/12/2024
» Monetary policy should take a central role in driving economic growth next year, while fiscal policy diminishes as a tool to address the fiscal deficit, says Supavud Saichuea, chairman of the National Economic and Social Development Council.
Driving regional growth: UOB’s vision for Thailand
Business, Somruedi Banchongduang, Published on 11/12/2024
» UOB Thailand is poised to support business clients with their regional expansion, capitalising on Southeast Asia’s growth potential, while also helping Thai individuals access financial services more effectively amidst growing household debt.
Volatile baht causes large uptick in forex transactions
Business, Somruedi Banchongduang, Published on 28/10/2024
» Foreign exchange rate volatility has encouraged Thai travellers to increase their transactions on YouTrip, Southeast Asia's leading multi-currency digital payment platform, as they prepare for the upcoming travel season.
Banks slash lending rates after Bank of Thailand cut
Business, Somruedi Banchongduang, Published on 23/10/2024
» Large local banks have announced reductions across the board for their prime lending interest rates following the Bank of Thailand's policy rate cut, aiming to ease the financial burden for borrowers.
BoT says slowdown won't lead to loan contraction
Business, Somruedi Banchongduang, Published on 21/10/2024
» The Bank of Thailand expects lending in the banking sector will not contract this year despite a slowdown based on ongoing debt deleveraging.
Bank of Thailand keeping an eye on rising baht
Business, Somruedi Banchongduang, Published on 26/09/2024
» The Bank of Thailand insists it is committed to managing the baht's appreciation against the US dollar, with a view to easing its impact on the real economy.
Economists push authorities for looser monetary policy
Business, Somruedi Banchongduang, Published on 09/09/2024
» Economists believe the time is right for an accommodative monetary policy to ease financial tightening and improve economic activity.