Showing 1 - 8 of 8
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.
Economists back raising public debt to over 70% of GDP
Business, Somruedi Banchongduang, Published on 11/02/2025
» Economists are throwing support behind the idea of raising the public debt ceiling to more than 70% of GDP to drive economic growth.
Backbase touts local engagement banking
Business, Somruedi Banchongduang, Published on 11/11/2023
» Engagement banking is another phase of digital banking development in Thailand that can facilitate business growth, says a fintech firm.
Central bank upbeat on prospects despite export dip
Business, Somruedi Banchongduang, Published on 01/09/2022
» Exports dropped in July, mainly attributed to lower demand from trading partners in line with a riskier global economy, though Thailand's economy continues to see signs of recovery, says a Bank of Thailand executive.
Banking sector's profits gain on higher interest income
Business, Somruedi Banchongduang, Published on 23/07/2022
» The local banking sector recorded improved net profit for the first half year-on-year, attributed to higher interest income.
Forex flexibility for non-resident firms
Business, Somruedi Banchongduang, Published on 06/01/2021
» The Bank of Thailand is allowing greater flexibility for non-resident companies to conduct foreign exchange transactions against the baht with domestic financial institutions under the non-resident qualified company (NRQC) scheme.
KTB: Banks can bear NPL rise
Business, Somruedi Banchongduang, Published on 12/06/2020
» With the current capital buffer, the country's banking sector is expected to be able to withstand bad loans of up to 11% of loans outstanding, according to the head of Krungthai Bank (KTB).
Banking trio announce uneven Q1 results
Business, Somruedi Banchongduang, Published on 21/04/2020
» The unaudited consolidated net profit of three commercial banks -- Siam Commercial Bank (SCB), TMB Bank and Tisco Financial Group -- were mixed for the first quarter, with most recording a bad loan uptick, while SCB's chief warned Covid-19 impacts will be apparent in future quarters.