Showing 1 - 10 of 37
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.
Bank of Thailand to supervise loans for hire purchase, leasing
Somruedi Banchongduang, Published on 12/06/2025
» The Bank of Thailand (BoT) may take over the regulation of fees and interest rates for auto hire-purchase and leasing loans, replacing the Office of the Consumer Protection Board (OCPB) under a new law.
Auto lease adjustment causes a kerfuffle
News, Somruedi Banchongduang, Published on 10/06/2025
» Auto leasing business operators have shown varying levels of readiness to comply with the Bank of Thailand's regulations following a recent amendment to a royal decree on auto hire-purchase businesses.
SCB prepared to withstand tariff impact
Business, Somruedi Banchongduang, Published on 06/06/2025
» Siam Commercial Bank (SCB) believes it is properly positioned to withstand tariff-related uncertainties following a stress test mandated by the Bank of Thailand.
Chinese condo purchases likely depressed this year
Somruedi Banchongduang, Published on 07/04/2025
» Condo transfers from Chinese buyers in Thailand are expected to remain at less than 40% of foreign transfers for the second consecutive year, as tourism from the nation softens and the recent earthquake dents confidence, according to Krungthai Compass, the research centre under Krungthai Bank.
Tourism set to capitalise on man-made destinations
Business, Somruedi Banchongduang, Published on 14/01/2025
» Man-made tourist destinations could be a key factor in driving up income for Thailand's tourism sector and supporting the country's economy in the long term, according to Krungthai Compass, a research centre under Krungthai Bank (KTB).
Thai household debt climbs to 104% of GDP
Business, Somruedi Banchongduang, Published on 09/01/2025
» Thailand's household debt including informal loans has reached 104% of gross domestic product (GDP), which is expected to pressure economic growth, according to a report released by a private sector panel.
KBank upgrades systems to fortify core infrastructure
Business, Somruedi Banchongduang, Published on 08/01/2025
» Kasikornbank (KBank) has strengthened its infrastructure by upgrading its core banking and credit scoring systems, aimed at enhancing its business capabilities and improving asset quality management amid ongoing economic uncertainties.
Bangkok housing market set to decline amid poor economy
Business, Somruedi Banchongduang, Published on 25/10/2024
» SCB EIC, the research centre of Siam Commercial Bank, predicts that the transfer of new residential units in Greater Bangkok will decline by 10% this year, with a further contraction of 1-3% projected for 2025, mainly due to the country's sluggish economy.
2.4 million ‘at-risk’ borrowers a big concern
Somruedi Banchongduang, Published on 24/09/2024
» Borrowers with debts exceeding 1 million baht each represent the greatest concern for the country as household debt accumulates, a new survey shows.