Showing 1 - 10 of 97
Energy price spike threatens global economic recovery
Somruedi Banchongduang, Published on 09/03/2026
» Global oil prices have entered a “danger zone” after surging to around US$110 per barrel following reports that an Iranian oil storage facility had been struck, warned Bangkok Bank’s (BBL) chief economist.
Two banks cut lending interest rates
Business, Somruedi Banchongduang, Published on 27/02/2026
» In response to the Bank of Thailand's policy rate cut on Wednesday, Bangkok Bank (BBL) and the Bank for Agriculture and Agricultural Cooperatives (BAAC) yesterday announced a reduction to their lending interest rates of 0.1 percentage points per year.
Thai growth upgraded after strong Q4
Business, Somruedi Banchongduang, Published on 24/02/2026
» Three bank-affiliated research centres have upgraded their forecasts for Thailand's economic growth this year to around 2%, supported by a stronger-than-expected performance in the final quarter of 2025 and greater confidence in the new government.
Using credit scores to gauge interest
Business, Somruedi Banchongduang, Published on 23/02/2026
» For decades, Thai banks have relied on borrowers' monthly income to decide how much interest they should pay on personal loans. Now an individual's credit score can help determine interest rates, a shift that could reshape how consumers borrow and how banks manage risk.
E-savings gain appeal as interest rates edge lower
Business, Somruedi Banchongduang, Published on 26/01/2026
» As interest rates continue to decline, e-savings deposit accounts are emerging as an attractive option for younger Thais looking to take their first steps towards saving.
New SCB chief likely to move over from card division
Business, Somruedi Banchongduang, Published on 13/01/2026
» SCB X Group, a financial technology conglomerate and holding company of Siam Commercial Bank (SCB), looks set to appoint the head of Card X as SCB's next top executive as the group prepares for broad management changes.
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.
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.
HSBC touts Indian wedding tourism
Business, Somruedi Banchongduang, Published on 31/07/2025
» Wedding tourism presents a significant opportunity to attract foreign direct investment (FDI) from India into Thailand, given the strong business ties between the two countries, according to HSBC.
Bangkok Bank targets investment options in Indonesia
Business, Somruedi Banchongduang, Published on 02/07/2025
» Bangkok Bank (BBL) sees significant business opportunities in Indonesia over the next two decades and says it is committed to supporting Thai businesses expanding into the country.