Showing 1 - 10 of 16
Industrial decline forcing Thais into service jobs
Somruedi Banchongduang, Published on 08/01/2026
» The Bank of Thailand (BoT) has expressed concern over the weakening income outlook in the labour market, as an industrial slowdown continues to push workers into the service sector.
Restaurateurs face uptick in rivalry
Business, Somruedi Banchongduang, Published on 11/12/2025
» Competition in Thailand's restaurant sector is intensifying, setting the stage for slower growth next year, according to Kasikorn Research Center (K-Research).
Economists split over BoT rate decision
Business, Somruedi Banchongduang, Published on 11/08/2025
» Following the reduction of the US reciprocal tariff rate on Thai exports, economists are divided over the Bank of Thailand's policy rate decision at the Monetary Policy Committee (MPC) meeting scheduled for Wednesday.
Baht strengthens as Fed expected to stay put
Business, Somruedi Banchongduang, Published on 31/01/2024
» The baht gained against the softening US dollar as some investors expect the US Federal Reserve to maintain its policy rate at its meeting scheduled for this week.
Thailand faces 20 years of low growth
Business, Somruedi Banchongduang, Published on 16/12/2023
» The World Bank expects Thailand's potential growth to be the lowest among Asean economies over the next 20 years because of the country's ageing demographics and a slowdown in private investment.
Thai growth set to beat BoT forecast
Business, Somruedi Banchongduang, Published on 16/06/2023
» The Bank of Thailand expects GDP growth to exceed its forecast, with the economic policies of the new government driving expansion alongside tourism and consumption growth.
KBank sets target of 5-7% loan growth this year
Business, Somruedi Banchongduang, Published on 28/01/2023
» Kasikornbank (KBank) aims to grow its lending by 5-7% and control the quality of its assets, with a non-performing loan (NPL) ratio target of less than 3.25%, according to its 2023 financial goals.
Industry group knocks Pheu Thai's 600B minimum wage
Business, Somruedi Banchongduang, Published on 08/12/2022
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is opposing the Pheu Thai Party's pledge to raise the daily minimum wage to 600 baht because it could affect the business sector's competitiveness.
Minimum wage hike seen reducing poverty
Business, Somruedi Banchongduang, Published on 20/09/2022
» Krungthai Compass, a research unit under Krungthai Bank, expects the minimum wage increase to reduce the number of poor workers, improve their income, and broadly support long-term Thai economic growth.
SCB sees stagflation for Thai economy
Business, Somruedi Banchongduang, Published on 30/03/2022
» Thailand's economy has gone into stagflation because of a fragile recovery and surging price hikes, says an economist at the Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank (SCB).