Showing 1 - 10 of 13
Exporters confront carbon footprints
Business, Somruedi Banchongduang, Published on 09/03/2026
» Thai exporters are under growing pressure to accelerate their transition to low-carbon production, as the EU's Carbon Border Adjustment Mechanism (CBAM) came into force on Jan 1, though its effects have been felt for several years.
SCB trims retail banking unit amid debt avalanche
Business, Somruedi Banchongduang, Published on 13/09/2025
» Siam Commercial Bank (SCB) is scaling back its retail banking business in response to the country's elevated household debt and the adoption of artificial intelligence (AI).
Tisco aid recipients still paying interest
Business, Somruedi Banchongduang, Published on 08/07/2020
» Half of Tisco Bank's auto loan customers have participated in a debt holiday scheme, but 90% continue to service interest.
TBA mulls debt restructuring
Business, Somruedi Banchongduang, Published on 11/06/2020
» The Thai Bankers' Association (TBA) is considering extending debt restructuring measures as the domestic economic recovery should take a couple of years.
Corporate bond issuance plunges
Business, Somruedi Banchongduang, Published on 19/05/2020
» New corporate bond issuance has plummeted 41.9% from a year earlier for the four months through April as the coronavirus outbreak dents demand, according to an executive at Kasikornbank (KBank).
EIC expects single rate cut by year-end
Business, Somruedi Banchongduang, Published on 12/09/2019
» The Bank of Thailand is likely to cut the policy rate by 25 basis points a single time during the remainder of the year to prop up the moribund economy amid growing uncertainties, according to the Economic Intelligence Center (EIC), a research house under Siam Commercial Bank (SCB).
BAY forecasts 10% decline in new mortgages in 2019
Business, Somruedi Banchongduang, Published on 04/02/2019
» New housing loans are expected to shrink by 10% this year, dragged by the central bank's stringent mortgage lending rules and weaker condominium demand from Chinese buyers, says a senior executive at Bank of Ayudhya (BAY).
Banks brace for holiday outlay
Business, Somruedi Banchongduang, Published on 25/01/2019
» Commercial banks' net cash withdrawal from the Bank of Thailand to prepare for the public's spending over Chinese New Year is estimated to increase to 62.5 billion baht from 46 billion a year earlier, says a senior official at the central bank.
K Plus dreams of 100 million users
Business, Somruedi Banchongduang, Published on 11/10/2018
» Kasikornbank (KBank), the country's largest mobile banking provider, has set an ambitious goal to increase its mobile banking users to 100 million by branching out into the international market.
PromptPay transfers grow sixfold in Q2
Business, Somruedi Banchongduang, Published on 21/09/2018
» Waiving fees for digital transactions since late March has not only substantially boosted banks' online transactions but also individual money transfers via the PromptPay platform, which surged sixfold in the second quarter.