Showing 1 - 10 of 12
Finance summit thrusts Thailand onto global stage
Business, Somruedi Banchongduang, Published on 24/12/2025
» Thailand is gearing up to host the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, one of the world's most influential gatherings on international economic and financial cooperation, in October for the first time in 35 years.
Thailand keen to host global financiers
Business, Somruedi Banchongduang, Published on 05/12/2025
» Authorities are upbeat about hosting the IMF-World Bank Annual Meetings 2026, hoping it will reinforce foreign confidence in Thailand's solid economic fundamentals.
Funding a sustainable revolution
Business, Somruedi Banchongduang, Published on 09/06/2025
» Thailand is transitioning to a sustainable economy, marked in part by the implementation of Thailand Taxonomy Phase 2 on May 27, 2025, which focuses on a sustainable finance framework.
Escaping the debt cycle
Business, Somruedi Banchongduang, Published on 15/07/2024
» A 25-year-old woman's struggles with debt of 307,000 baht went viral on social media recently when she asked for advice on how to manage what she owed. She earns 22,000 baht per month, with 6,000 baht going towards rent and 3,000 baht monthly for motorcycle loan payments.
Major creditors support Italian-Thai Development
News, Somruedi Banchongduang, Published on 18/04/2024
» Major creditors have agreed to infuse fresh liquidity into cash-strapped Italian-Thai Development (ITD) Plc, to support the company's business operations without requiring a rehabilitation plan.
Bank of Thailand united in holding rates steady
Somruedi Banchongduang, Published on 29/11/2023
» The Monetary Policy Committee (MPC) of the Bank of Thailand (BoT) on Wednesday voted unanimously to maintain its policy rate at 2.5%, the highest level in a decade, following a series of rate hikes since August last year, with the 2024 GDP growth projected to be in the range of 3.2-3.8%.
BoT starting digital factoring next year
Business, Somruedi Banchongduang, Published on 25/09/2020
» The Bank of Thailand plans to implement digital factoring next year to facilitate small and medium-sized enterprise (SME) access to loans.
Credit card spending headed for 2020 decline
Business, Somruedi Banchongduang, Published on 13/08/2020
» Annual credit card spending is expected to contract this year because of the coronavirus crisis, particularly for outbound spending, due to the government's prohibition on cross-border travel.
Veerathai rules out central bank encore
Business, Somruedi Banchongduang, Published on 26/05/2020
» Bank of Thailand governor Veerathai Santiprabhob will not apply for a second term after his five-year tenure expires on Sept 30, citing family reasons.
KTB slams the brakes on auto loans
Business, Somruedi Banchongduang, Published on 04/06/2019
» Krungthai Bank (KTB) is halting its auto loan expansion amid heightened competition, saying the business is uncompetitive against rivals.