Showing 1 - 10 of 16
Baht erodes further after Somkid's exit
Business, Somruedi Banchongduang, Published on 17/07/2020
» The baht continued to weaken on Thursday after the resignations of Deputy Prime Minister Somkid Jatusripitak and four other key officials, reflecting foreign investors' concerns about the continuity of the government's economic policies.
TBA to seek measures for sector hit by virus
Business, Somruedi Banchongduang, Published on 19/02/2020
» The Thai Bankers' Association (TBA) has planned a meeting for on Wednesday to seek additional measures for tourism and related business operators battered by the coronavirus epidemic.
KTB looks to SMEs for growth
Business, Somruedi Banchongduang, Published on 23/01/2020
» Krungthai Bank (KTB) aims for 3-5% lending growth this year, focusing on small and medium-sized enterprises (SMEs), but slowing retail loan growth.
Panel urges further baht measures
Business, Somruedi Banchongduang, Published on 05/09/2019
» The private sector has made a renewed push for the central bank to contain the baht's rapid gain after a recent 25-basis-point cut of the policy rate had almost no effect on the local currency relative to regional peers.
New body gets BoT nod
Business, Somruedi Banchongduang, Published on 14/08/2019
» Bank of Thailand governor Veerathai Santiprabhob has thrown his support behind the government's plan to form a fiscal and monetary committee, saying the new body would reinforce cooperation among related agencies to better handle rising global economic uncertainties.
Somkid: BoT taming baht independently
Business, Somruedi Banchongduang, Published on 11/07/2019
» The government has given the Bank of Thailand a free hand in dealing with the baht's rapid gain, says Deputy Prime Minister Somkid Jatusripitak.
BoT warns baht will remain volatile
Business, Somruedi Banchongduang, Published on 05/03/2019
» The Bank of Thailand warned the baht is likely to remain volatile and that it intervened in the market when the baht strengthened at a faster pace than economic fundamentals would suggest, helping business operators adjust, says a senior official.
Rumours of new fees raise concerns
Business, Somruedi Banchongduang, Published on 05/12/2018
» The chairman of the Thai Bankers' Association has rushed to soothe jitters, saying proposed fees for cash transactions have not been decided and are awaiting review by the central bank.
Doing Business score up, but ranking slips to 27th
Business, Somruedi Banchongduang, Published on 02/11/2018
» Thailand's ranking among 190 economies in the World Bank's Ease of Doing Business Report 2019 fell a notch to 27th, though its overall score improved by 1.06 percentage points to 78.45.
K Plus dreams of 100 million users
Business, Somruedi Banchongduang, Published on 11/10/2018
» Kasikornbank (KBank), the country's largest mobile banking provider, has set an ambitious goal to increase its mobile banking users to 100 million by branching out into the international market.