Showing 1 - 9 of 9
Baht facing unstable week amid upheaval
Business, Somruedi Banchongduang, Published on 02/09/2025
» Greater baht volatility is expected this week, pressured by domestic political instability and expectations of a US policy rate cut later this month.
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.
Q2 jump in special mention loans bodes ill
Business, Somruedi Banchongduang, Published on 10/08/2019
» Commercial banks' special mention (SM) loans surged significantly in the second quarter, suggesting that more loans could turn sour amid the stuttering economy.
Economy poised to grow at slower clip than BoT's forecast
Business, Somruedi Banchongduang, Published on 01/08/2019
» The economy is likely to expand at a slower pace than the Bank of Thailand's 3.3% forecast for the year because of subdued exports and domestic consumption, adding to signs of a further projection rollback.
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.
Beating back debt beasties
Business, Somruedi Banchongduang, Published on 12/11/2018
» A recent news item captured public attention about a female school director in Kamphaeng Phet province who guaranteed student loan fund (SLF) debt for her 60 students, 21 of whom defaulted. After her finances ran dry, the court ordered seizure of her assets, a stark reminder that debt can ruin even a guarantor's life.
Q2 showing likely eclipsed Q1
Business, Somruedi Banchongduang, Published on 01/08/2018
» The country's second-quarter economic growth outpaced the 4.8% rate in the first quarter, propelled by robust exports and stronger domestic investment and consumption, says a senior central bank official.
KBank keen to outpace target range
Business, Somruedi Banchongduang, Published on 28/05/2018
» Kasikornbank (KBank), the country's third-largest lender by assets, expects lending growth this year to outpace its 5-7% target range, buoyed by a growing economy.
BoT opts to stand pat on benchmark rate
Business, Somruedi Banchongduang, Published on 17/05/2018
» The Bank of Thailand's rate-setting committee held firm on the policy rate yesterday, saying it was not in a rush to match the global tightening after some of its counterparts in Southeast Asia recently raised rates after the US Federal Reserve's normalisation.