Showing 1 - 10 of 29
Visa card spending per visitor rises in Thailand
Business, Somruedi Banchongduang, Published on 24/05/2025
» Visa Thailand has observed slower growth in Visa card payments made by inbound tourists, in line with stagnant foreign tourist arrivals.
CIMBT savings accounts to expand wealth business
Business, Somruedi Banchongduang, Published on 13/12/2024
» CIMB Thai Bank (CIMBT) wants to grow its savings deposit base and leverage its deposit customers to expand its wealth management business.
Double financing adds to property sector's woes
Business, Somruedi Banchongduang, Published on 20/08/2024
» Higher debt leverage resulting from double financing is making it more difficult for property companies to secure bank loans, forcing some developers to rely on short-term loans from major shareholders.
Bank of Thailand allows banks to give credit to debt scheme users
Somruedi Banchongduang, Published on 05/08/2024
» The Bank of Thailand (BoT) is allowing banks to continue providing credit lines to retail borrowers participating in debt restructuring programmes to help support their liquidity amid a slower income recovery.
Fitch downgrades based on financial leverage
Business, Somruedi Banchongduang, Published on 11/07/2024
» Fitch Ratings Thailand downgraded three large local companies in the first half of this year based on their weakened ability to repay debt, attributed to increased financial leverage.
Tris slashes corporate bond issuers
Business, Somruedi Banchongduang, Published on 27/06/2024
» Tris Rating, a Thai credit rating agency, has downgraded several corporate bond issuers since the beginning of this year, attributed to weakened financial conditions as economic growth slows.
1% credit card fee remains on hold
Business, Somruedi Banchongduang, Published on 04/05/2024
» The Bank of Thailand is continuing to freeze the attempt to charge an additional 1% fee to local credit cardholders, prompting card issuers to explore alternative solutions.
JCB expects spending via its cards to grow 20% this year
Business, Somruedi Banchongduang, Published on 22/03/2024
» JCB International Thailand, a Japan-based credit card firm, wants to broaden its reach among affluent cardholders in the Thai market to enhance its growth this year.
Bank of Thailand: Limited risk of bond rollover
Business, Somruedi Banchongduang, Published on 19/01/2024
» The Bank of Thailand (BoT) believes the risk of corporate bond rollover this year is limited despite higher interest rates, meaning it should not impact systemic risk.
Innovation visionary
News, Somruedi Banchongduang, Published on 26/10/2023
» Tan Choon Hin, President and Chief Executive Officer of UOB Thailand, was honoured with the "2023 CEO of the Year Award for Innovative Financial Visionary" by the Bangkok Post for his exceptional leadership and unwavering dedication to the bank's growth and success through innovation development.