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Search Result for “Pope's statement”

Showing 1 - 10 of 251

BUSINESS

Virtual banks taking shape

Business, Somruedi Banchongduang, Published on 16/04/2026

» Two virtual banks, Bank X and Clicx Bank, are pursuing similar strategies in the retail and food ecosystem, focusing on underserved customer segments as a key growth driver for their virtual banking businesses.

BUSINESS

S&P warns of rising corporate credit stress

Business, Somruedi Banchongduang, Published on 14/04/2026

» Thai companies with high leverage are likely to face negative cash flow over the next two years, due to the impact of the conflict in the Middle East.

BUSINESS

Banks urged to aid struggling borrowers

Business, Somruedi Banchongduang, Published on 09/04/2026

» The Bank of Thailand (BoT) has urged banks to provide financial assistance to borrowers affected by sluggish economic conditions amid rising energy prices.

BUSINESS

Banks tighten digital checks to curb mule accounts

Business, Somruedi Banchongduang, Published on 11/03/2026

» Banks are tightening monitoring of digital transactions to prevent the use of mule accounts, as fraudsters shift their activities after stricter controls were imposed on conventional bank accounts.

BUSINESS

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.

SUSTAINABILITY

Exporters confront carbon footprints

Business, Somruedi Banchongduang, Published on 09/03/2026

» Thai exporters are under growing pressure to accelerate their transition to low-carbon production, as the EU's Carbon Border Adjustment Mechanism (CBAM) came into force on Jan 1, though its effects have been felt for several years.

BUSINESS

Bad loans up for sale dipped by 36% in 2025

Business, Somruedi Banchongduang, Published on 07/03/2026

» The sale of non-performing loans (NPLs) by the banking industry declined by more than 30% last year as banks tightened their management of new bad loans and awaited support measures from the Bank of Thailand.

BUSINESS

IMF chief sees three key impacts from war

Somruedi Banchongduang, Published on 04/03/2026

» The International Monetary Fund (IMF) has been closely monitoring the Middle East war, saying it is seeing three core channels of impact: on energy prices, market sentiment, and disruption in travel, tourism and trade.

BUSINESS

BoT upgrades Thai GDP forecast after robust Q4

Business, Somruedi Banchongduang, Published on 25/02/2026

» The Bank of Thailand is upbeat about the country's growth prospects, projecting GDP expansion of 1.9% this year, up from its previous estimate of 1.5%, after the economy grew stronger than forecast in the fourth quarter of last year.

BUSINESS

UOB: Economic growth depends on stability

Business, Somruedi Banchongduang, Published on 11/02/2026

» Effective implementation of the new government's policies will be pivotal in building investor confidence and attracting both foreign portfolio inflows and foreign direct investment (FDI) into Thailand, according to UOB Thailand.