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BUSINESS

Banks raise reserves to deal with effects of war

Somruedi Banchongduang, Published on 01/04/2026

» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.

BUSINESS

BoT predicts stimulus drives GDP growth in Q4

Business, Somruedi Banchongduang, Published on 23/10/2025

» The Bank of Thailand expects the "Khon La Khrueng Plus" co-payment scheme to help drive GDP growth in the final quarter this year.

BUSINESS

New ATM licences to expand availability

Business, Somruedi Banchongduang, Published on 04/10/2025

» The Bank of Thailand plans to introduce new business licences for white-label automated teller machines (ATMs) next year.

BUSINESS

Innocent victims of the mule crackdown

Business, Somruedi Banchongduang, Published on 22/09/2025

» In recent days, public complaints have surged over the suspension of money transfers and payments via digital platforms, largely linked to authorities' crackdown on mule accounts.

BUSINESS

Thai auto sector urged to brace for impact of US tariffs

Business, Somruedi Banchongduang, Published on 27/03/2025

» The local automotive industry must prepare for the impact of US reciprocal tariff measures set to take effect next month, which could pile further pressure on the sector, according to Kasikorn Research Center (K-Research).

BUSINESS

Investment inflows set to hit record high

Business, Somruedi Banchongduang, Published on 20/02/2025

» Thailand's investment applications are expected to reach a record high in 2025 for the second year in a row, fuelled by strong foreign direct investment (FDI) amid escalating US-China trade tensions, according to Krungthai Compass, a research centre under Krungthai Bank.

BUSINESS

Thai factory closures likely to worsen

Somruedi Banchongduang, Published on 07/02/2025

» More Thai factories are expected to close this year than in the past two years, according to Kasikorn Research Center (K-Research), citing a weakening manufacturing sector and several ongoing economic challenges.

BUSINESS

Ban on transactions from mule accounts imminent

Business, Somruedi Banchongduang, Published on 06/02/2025

» The banking industry is set to implement a ban on financial transactions involving mule accounts in March, in compliance with the Bank of Thailand's (BoT) directive.

BUSINESS

BoT clamps down on mule accounts

Business, Somruedi Banchongduang, Published on 31/01/2025

» The Bank of Thailand is tightening rules for financial transactions to control mule accounts and plans to extend stricter measures to include digital assets and e-wallets in the next phase.

BUSINESS

Loan growth to be minimal in 2025 as banks restrict supply

Business, Somruedi Banchongduang, Published on 21/12/2024

» SCB EIC, the research centre of Siam Commercial Bank (SCB), expects the banking sector to tighten loan growth to its highest level in a decade in 2025, amid rising credit risk and weaker economic growth.