Showing 1 - 10 of 37
IMF suggests deeper Asian economic integration
Business, Somruedi Banchongduang, Published on 06/03/2026
» The International Monetary Fund (IMF) chief has called for deeper integration among Asian economies to help the region prepare for heightened global trade tensions and policy shocks.
New baht banknotes scarce ahead of Chinese New Year
Business, Somruedi Banchongduang, Published on 27/01/2025
» Demand for newly printed banknotes has surged in the run-up to the Chinese New Year festival, resulting in a shortage of fresh notes.
BoT leaves interest rate unchanged
Business, Somruedi Banchongduang, Published on 22/08/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate steady at 2.5% on Wednesday, in line with the local economic recovery.
Foreign currency deposits post healthy uptick in 2023
Business, Somruedi Banchongduang, Published on 05/03/2024
» Foreign currency deposits (FCDs) experienced a robust surge last year, driven by enticing interest rates resulting from global interest rate hikes.
Call for better integration of the informal economy
Business, Somruedi Banchongduang, Published on 20/02/2024
» The Thai Bankers' Association (TBA) is urging the government to bring the informal economy into the economic system to promote transparency and support the country's digital economy.
Market forecasts rate hike cycle nears end
Business, Somruedi Banchongduang, Published on 16/08/2023
» With the Bank of Thailand gradually raising its policy benchmark rate for a year as part of its monetary policy normalisation to tame inflation, the market now expects the rate hike cycle to end.
BoT delays publication of virtual bank rules to Q3
Business, Somruedi Banchongduang, Published on 26/04/2023
» The Bank of Thailand has postponed the issuance of virtual bank regulations until the third quarter of this year because it needs more time to clarify the new business licensing with related parties.
Locals firms prefer digital over virtual
Business, Somruedi Banchongduang, Published on 17/03/2023
» Local banks are focusing on nudging their customers to digital platforms to grow services there, instead of applying for the central bank's upcoming virtual bank licence.
BBL follows BoT, raises lending, savings rates
Business, Somruedi Banchongduang, Published on 28/01/2023
» Bangkok Bank (BBL), the country's largest lender by total assets, announced yesterday a new round of hikes for both lending and savings rates, effective yesterday, in line with the Bank of Thailand's policy rate increase on Wednesday.
KTB set to roll out digital loans on Pao Tang in 2023
Business, Somruedi Banchongduang, Published on 15/12/2022
» Krungthai Bank (KTB), a developer of the Pao Tang digital payment application, aims to offer digital loans on the mobile app next year.