Showing 1 - 10 of 19
Banks raise reserves to deal with effects of war
Somruedi Banchongduang, Published on 01/04/2026
» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.
Crude prices test GDP, inflation goals
Business, Somruedi Banchongduang, Published on 27/03/2026
» The government is advised to adopt a managed float approach to deal with energy prices amid expectations that domestic diesel prices could reach 60 baht per litre.
Earthquake set to worsen tourism market
Business, Somruedi Banchongduang, Published on 01/04/2025
» The Bank of Thailand believes the earthquake will further slow the already sluggish recovery of the property sector and impact foreign tourist arrivals.
Rebate plan to spur card spending
Business, Somruedi Banchongduang, Published on 28/01/2025
» Krungthai Card (KTC), a leading credit card issuer, expects the government's Easy E-Receipt tax rebate programme to help boost credit card spending in the first quarter of this year despite sluggish domestic consumption.
New baht banknotes scarce ahead of Chinese New Year
Business, Somruedi Banchongduang, Published on 27/01/2025
» Demand for newly printed banknotes has surged in the run-up to the Chinese New Year festival, resulting in a shortage of fresh notes.
YouTrip eager to grow regional offerings
Business, Somruedi Banchongduang, Published on 10/08/2024
» YouTrip, the Singapore-based fintech firm, is evolving beyond being a travel card service after establishing itself as Southeast Asia's leading multi-currency digital payments platform, demonstrating the fastest growth in the region's business sector.
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.
Baht tipped to slide as US Fed delays rate cuts
News, Somruedi Banchongduang, Published on 12/04/2024
» The baht is poised to experience significant pressure, potentially reaching 37 baht per United States dollar next week, as a result of better-than-expected economic data from the US coupled with the US Federal Reserve's decision to hold off on interest rate cuts.
Panel calls for Pao Tang app for stimulus money
Business, Somruedi Banchongduang, Published on 02/11/2023
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) supports the government using the Pao Tang app for the 10,000-baht digital wallet scheme.
BBL outstrips credit card spending target for 2 months
Business, Somruedi Banchongduang, Published on 28/03/2023
» Bangkok Bank (BBL) has surpassed its credit card spending target for the first two months of 2023, driven by the recovery of Thailand's economy and tourism sector.