Showing 1 - 10 of 107
Industrial decline forcing Thais into service jobs
Somruedi Banchongduang, Published on 08/01/2026
» The Bank of Thailand (BoT) has expressed concern over the weakening income outlook in the labour market, as an industrial slowdown continues to push workers into the service sector.
Moody's cuts outlook for banks
News, Somruedi Banchongduang, Published on 02/05/2025
» Moody's Ratings (Moody's) yesterday changed the outlook of seven Thai financial institutions to negative from stable.
Applications for hotel asset warehousing scheme decrease
Business, Somruedi Banchongduang, Published on 30/11/2022
» The total number of hoteliers affected by the Covid-19 pandemic applying for the central bank's asset warehousing scheme has declined thanks to the rebound in the tourism sector, according to an executive at the Bank of Thailand (BoT).
Top banks set lower NPL targets for 2022
Business, Somruedi Banchongduang, Published on 21/02/2022
» Four local banks unveiled their financial goals for this year, with all setting lower non-performing loan (NPL) targets in line with the economic recovery, although the rebound is projected to be uneven.
Impact of Omicron less than expected, says BoT
Business, Somruedi Banchongduang, Published on 01/02/2022
» The Bank of Thailand (BoT) believes the Omicron coronavirus variant has affected the economy to a lesser degree than predicted, despite dampening the country's economic activities during January.
Forecast cut for foreign arrivals
Business, Somruedi Banchongduang, Published on 23/12/2021
» The Bank of Thailand has cut its forecast for foreign tourist arrivals in 2022 because of the impact of the Omicron variant and government measures to restore mandatory quarantine for visitors entering the country from overseas.
World Bank upbeat on Thai growth
Business, Somruedi Banchongduang, Published on 15/12/2021
» The World Bank predicts Thai economic activity will return to 2019 levels by the end of 2022, helping support GDP growth of 3.9% next year, up from 1% this year.
Digital savings products gain traction
Business, Somruedi Banchongduang, Published on 01/02/2021
» Saving for a rainy day is an ideal approach in times of great uncertainty. Although the prolonged low interest rate environment tends to make people hesitate about embarking on a traditional savings plan, digital savings products are a secure and wise choice to make your money work in a low-interest world.
Krungthai forecasts GDP gain of 2.5%
Business, Somruedi Banchongduang, Published on 14/01/2021
» Thailand's GDP growth is forecast at 2.5% this year, assuming the government maintains stringent measures to contain new Covid-19 infections until February, says Krungthai Compass.
Thai Credit Guarantee Corporation has key role in SME funding
Business, Somruedi Banchongduang, Published on 12/12/2020
» Loan guarantees by a government agency are key in allowing small and medium-sized enterprises (SMEs) better access to funding sources amid higher risks caused by the pandemic, says the Bank of Thailand.