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BUSINESS

JCB targets wealthy Thai credit card customers

Business, Somruedi Banchongduang, Published on 03/12/2025

» JCB International (Thailand), the local unit of the Japan-based global card network, aims to grow its upper-income customer segment over three years to increase spending by Thai cardholders.

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BUSINESS

Structural reforms key to solving debt, say bankers

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.

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BUSINESS

Pundits see SMEs facing tough times

Business, Somruedi Banchongduang, Published on 15/07/2025

» Small and medium-sized enterprises (SMEs) are expected to face increased challenges due to renegotiations concerning the US's reciprocal tariffs, potentially resulting in further closures, according to two research houses.

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BUSINESS

Bank of Thailand wary of falling asset quality for some borrowers

Business, Somruedi Banchongduang, Published on 20/03/2025

» The Bank of Thailand has expressed concerns over declining asset quality among higher-income borrowers, following a similar trend observed for middle- to lower-income groups, aligning with the softening of economic growth.

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THAILAND

A pioneer in the credit card industry

News, Somruedi Banchongduang, Published on 13/03/2025

» With an exceptional management approach that emphasises the development of human resources alongside technology to drive business growth in the digital era, Pittaya Vorapanyaskul, president and chief executive of Krungthai Card Plc (KTC), is among the Women of the Year 2025.

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BUSINESS

Credit card firms plead for low rate

Business, Somruedi Banchongduang, Published on 07/03/2025

» The Credit Card Club of the Thai Bankers' Association is urging the Bank of Thailand to extend the current minimum payment rate for credit cards until next year.

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BUSINESS

Krungsri: Auto sales to rebound in 2025

Business, Somruedi Banchongduang, Published on 05/03/2025

» Home and car sales are projected to grow at a low rate this year, bouncing back from deep contractions in 2024, as the economy expands slower than regional peers, according to Krungsri Research.

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BUSINESS

IMF supports BoT's rate reductions

Business, Somruedi Banchongduang, Published on 22/02/2025

» The International Monetary Fund (IMF) backs the Bank of Thailand cutting interest rates to stimulate inflation and increase the capacity of borrowers to repay debt.

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BUSINESS

Bank of Thailand plans to further relax foreign exchange rules

Business, Somruedi Banchongduang, Published on 02/08/2024

» The Bank of Thailand (BoT) plans to further ease foreign exchange regulations to support the ease of doing business and enhance the country's foreign exchange ecosystem in the long run.

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BUSINESS

Currency nosedives amid more seasonal fluctuations

Business, Somruedi Banchongduang, Published on 23/03/2024

» The baht plunged against the US dollar on Friday, primarily influenced by external factors, with seasonal fluctuations expected to exert continued pressure on the local currency, potentially weakening to 37 per dollar during the second quarter.