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Search Result for “Produce”

Showing 1 - 10 of 11

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

Reform effort urged for incoming administration

Business, Somruedi Banchongduang, Published on 16/01/2026

» The new government is being advised to step up efforts to pursue economic reforms, with a primary focus on the tourism, agriculture and industrial sectors, or risk economic growth of only 1–2% a year, economists say.

BUSINESS

Bangkok Bank, MIT aid SMEs and farmers

Business, Somruedi Banchongduang, Published on 03/11/2025

» Bangkok Bank (BBL) is partnering with the Massachusetts Institute of Technology (MIT), a well-known educational institution, to bring the power of artificial intelligence (AI) and digital innovation to Thai small and medium-sized enterprises (SMEs) and the agricultural sector.

BUSINESS

Older banknotes pushed for occasions

Business, Somruedi Banchongduang, Published on 25/06/2024

» The Bank of Thailand has requested consumers use banknotes that are already in circulation to mark special occasions rather than demanding newly printed ones to allow for the longer time frame that banknotes are now in circulation.

BUSINESS

Bank of Thailand warns of long-term downturn

Business, Somruedi Banchongduang, Published on 23/02/2024

» The Thai export sector has lost competitiveness in global markets, with the market share of rice shipments falling by more than 50% over the past 20 years, according to the Bank of Thailand (BoT).

BUSINESS

Krungsri upbeat on digital baht

Business, Somruedi Banchongduang, Published on 12/06/2023

» The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.

BUSINESS

BoT delays publication of virtual bank rules to Q3

Business, Somruedi Banchongduang, Published on 26/04/2023

» The Bank of Thailand has postponed the issuance of virtual bank regulations until the third quarter of this year because it needs more time to clarify the new business licensing with related parties.

BUSINESS

SAK, TC Renewable team up to offer solar rooftops, loans

Business, Somruedi Banchongduang, Published on 06/01/2023

» SET-listed Saksiam Leasing (SAK), an auto and personal loan provider, wants to expand by providing loans for residential solar rooftops, aiming to grow the portfolio of the new business to 1 billion baht this year.

BUSINESS

Central bank to issue 20-baht polymer banknotes in March

Business, Somruedi Banchongduang, Published on 21/01/2022

» The Bank of Thailand plans to start issuing 20-baht polymer banknotes on March 24.