Showing 1 - 10 of 98
Low-carbon economy looms
Business, Somruedi Banchongduang, Published on 17/11/2025
» Thailand's carbon-intensive industries are under growing pressure to fast-track their green transition after the new government announced an ambitious plan to accelerate the country's net zero goal by 15 years, from 2065 to 2050.
Bangkok Bank, MIT aid SMEs and farmers
Business, Somruedi Banchongduang, Published on 03/11/2025
» Bangkok Bank (BBL) is partnering with the Massachusetts Institute of Technology (MIT), a well-known educational institution, to bring the power of artificial intelligence (AI) and digital innovation to Thai small and medium-sized enterprises (SMEs) and the agricultural sector.
Alarm on strong baht
Business, Somruedi Banchongduang, Published on 30/09/2025
» The continued appreciation of the baht against the US dollar, if left unaddressed, could weaken Thailand's competitiveness in both tourism and exports relative to its regional peers, cautions SCB EIC, the research centre under Siam Commercial Bank (SCB).
The lowdown on net errors and omissions
Business, Somruedi Banchongduang, Published on 27/09/2025
» The baht has continuously appreciated this year, with the Bank of Thailand attributing it primarily to a weaker dollar. Greater clarity in domestic politics lifted investor confidence, and Thailand's gold trade further supported the currency.
Fears over sovereign rating revision
Business, Somruedi Banchongduang, Published on 05/09/2025
» Bankers are increasingly concerned about a potential downgrade of the country's sovereign credit rating in the near future due to weakening tax revenues and rising public debt.
Mitsubishi UFJ Financial urges reform of Thai industry
Business, Somruedi Banchongduang, Published on 07/08/2025
» Mitsubishi UFJ Financial Group (MUFG), a major shareholder in Bank of Ayudhya (Krungsri), views manufacturing reform in Thailand as more critical than US tariff changes in attracting foreign direct investment (FDI).
Bankers' association pushes formal economy to the fore
Business, Somruedi Banchongduang, Published on 16/07/2025
» The use of public policy to support the economy should primarily focus on the formal economy and Thai labour, according to Payong Srivanich, chairman of the Thai Bankers' Association (TBA).
SCB sees stronger baht in second half
Business, Somruedi Banchongduang, Published on 12/06/2025
» Siam Commercial Bank (SCB) expects the baht to strengthen against the US dollar in the second half of this year, though the movement will be limited due to Thailand's slower GDP growth.
Funding a sustainable revolution
Business, Somruedi Banchongduang, Published on 09/06/2025
» Thailand is transitioning to a sustainable economy, marked in part by the implementation of Thailand Taxonomy Phase 2 on May 27, 2025, which focuses on a sustainable finance framework.
Regional banking boost for Krungsri
Business, Somruedi Banchongduang, Published on 04/03/2025
» Krungsri (Bank of Ayudhya) reported its regional banking business accounted for 20% of total revenue, primarily attributed to high-yield loan products.