Showing 1 - 6 of 6
With China, possibilities abound for SCB
Business, Somruedi Banchongduang, Published on 17/07/2019
» Greater opportunities for Thailand as a destination for China's outbound investment have been spotted as trade diversifies amid the US-China trade dispute, according to a Siam Commercial Bank (SCB) senior executive.
EIC cuts GDP growth forecast to 3.1%
Somruedi Banchongduang, Published on 09/07/2019
» The Economic Intelligence Center (EIC), Siam Commercial Bank's research unit, has cut its forecast for the country's 2019 economic growth to 3.1% from the 3.3% previously seen.
Major players stay the course
Business, Somruedi Banchongduang, Published on 12/06/2019
» Despite murky economic prospects for the second half, large local banks are sticking to their business plans in the hope that the new government will support budget disbursement and domestic investment.
TBA calls for tax-oriented stimulus
Business, Somruedi Banchongduang, Published on 06/06/2019
» Business leaders have urged the new government to roll out tax-oriented stimulus measures to boost the country's sluggish economy amid myriad headwinds.
Thailand sidesteps US watch list
Business, Somruedi Banchongduang, Published on 30/05/2019
» Although Thailand managed to avoid a place on the US watch list for currency manipulation, the Bank of Thailand is still wary on the matter after the US Treasury tightened its criteria, says the central bank's chief.
KTB handling NPLs via SME support
Business, Somruedi Banchongduang, Published on 29/05/2019
» Krungthai Bank (KTB) has closely monitored its small and medium-sized enterprise (SME) borrowers amid sluggish economic growth and focused on non-performing asset (NPAs) management to contain bad loans.