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Search Result for “UAE floods”

Showing 1 - 6 of 6

BUSINESS

Panel puts flood income loss at B30bn this month

Business, Somruedi Banchongduang, Published on 04/12/2025

» The private sector estimates the deadly floods in the South have caused income losses of 20-30 billion baht, weighing on GDP growth in the final quarter of this year.

BUSINESS

Banks post modest increase in profits

Business, Somruedi Banchongduang, Published on 22/10/2024

» The banking sector reported a modest increase in profits for the first nine months of 2024, driven by gains in both interest and fee income, while continuing to allocate substantial reserves for loan losses in preparation for heightened uncertainties.

PROPERTY

Mortgage bad-debt rate climbs

Somruedi Banchongduang, Published on 27/08/2024

» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.

BUSINESS

Central bank unfazed by headline inflation

Business, Somruedi Banchongduang, Published on 11/11/2021

» The Bank of Thailand (BoT) expects high headline inflation to be short term and will not pressure monetary policy and the economic recovery.

BUSINESS

BoT clarifies loans under debt restructuring scheme

Business, Somruedi Banchongduang, Published on 10/10/2019

» The Bank of Thailand insists that banks, under the new financial accounting standard, can extend fresh working capital loans to commercial loan defaulters who are in the debt restructuring process without loan-loss provision requirements for the new loans.

BUSINESS

BoT holds at 1.5%, signals future shift

Business, Somruedi Banchongduang, Published on 09/08/2018

» The Bank of Thailand (BoT) left its policy rate unchanged as expected yesterday but said that the necessity of accommodative monetary policy is subsiding, adding to signs that a shift to a neutral stance is just around the corner.