Showing 1 - 10 of 103
Baht set to fall further amid Mideast wartime pressures
Business, Somruedi Banchongduang, Published on 24/03/2026
» The baht is expected to depreciate to 33.50 per US dollar this week after testing a nine-month low of 33 on Monday, amid heightened uncertainties surrounding the conflict in the Middle East.
SCB predicts gradual baht decline
Business, Somruedi Banchongduang, Published on 27/02/2026
» Siam Commercial Bank (SCB) expects the baht to gradually weaken against the US dollar, reaching 33 baht per dollar in the fourth quarter of this year, driven by a combination of domestic and external factors.
Bank of Thailand expected to avoid manipulation charge
Business, Somruedi Banchongduang, Published on 06/02/2026
» Thailand has a low likelihood of being designated a currency manipulator, as foreign exchange intervention in the baht remains well below the US threshold, according to Kasikorn Research Center (K-Research).
Bangkok Bank focused on wealthy credit card users
Business, Somruedi Banchongduang, Published on 19/11/2025
» Bangkok Bank (BBL) plans to focus on the upper income segment for its credit card business as it aims to maintain its wealth customer base.
Gold and baht causing headaches for central bank
Somruedi Banchongduang, Published on 16/09/2025
» The increase in errors and omissions in Thailand’s balance of payments may be linked to gold trading and the baht’s appreciation against the US dollar, says the head of the Bank of Thailand.
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.
Panel projects H2 growth below 1%
Business, Somruedi Banchongduang, Published on 05/06/2025
» The local private sector anticipates Thai GDP growth will be less than 1% in the second half of the year, primarily due to the impact of tariffs.
Thai business leaders tally cost of US tariffs
Somruedi Banchongduang, Published on 07/05/2025
» The value of Thai exports to the United States could drop by as much as as $43 billion (1.4 trillion baht) over the next decade if 36% import tariffs go ahead, say business leaders.
SCB offers more overseas wealth options
Somruedi Banchongduang, Published on 27/02/2025
» Siam Commercial Bank (SCB) is increasing access to international wealth products for Thai investors, aiming to expand assets under management (AUM) in foreign currencies to 180 billion baht by 2026.
Baht expected to weaken
Business, Somruedi Banchongduang, Published on 12/02/2025
» The baht is expected to weaken over the next few weeks amid rising global trade tensions following the recent US decision to increase tariffs on aluminium and steel imports to 25%.