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SUSTAINABILITY

Low-carbon economy looms

Business, Somruedi Banchongduang, Published on 17/11/2025

» Thailand's carbon-intensive industries are under growing pressure to fast-track their green transition after the new government announced an ambitious plan to accelerate the country's net zero goal by 15 years, from 2065 to 2050.

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SUSTAINABILITY

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.

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BUSINESS

Bank of Thailand chief says local focus key to growth

Business, Somruedi Banchongduang, Published on 14/09/2024

» Domestic resilience and the strength of the local economy will be key to sustaining Thailand's economic growth in the long term, especially amid a slowdown in foreign direct investment (FDI), according to the Bank of Thailand chief.

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BUSINESS

KBank eyes gain for regional banking

Business, Somruedi Banchongduang, Published on 29/02/2024

» Kasikornbank (KBank) is projecting 20% revenue growth for its regional banking business this year, in line with economic growth in Indonesia, Vietnam and China.

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BUSINESS

KBank focuses on Vietnam, Indonesia

Business, Somruedi Banchongduang, Published on 04/01/2024

» Kasikornbank (KBank) is focusing on expanding its international banking business this year in Vietnam and Indonesia based on the high growth potential of the two Asean economies.

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THAILAND

HSBC Thailand taps global connectivity

News, Somruedi Banchongduang, Published on 25/10/2023

» HSBC Thailand is leveraging its global connectivity and investment expertise to help both Thai and international clients grow their businesses worldwide, while maintaining a long-term commitment to expanding the bank's business in the Thai market.

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BUSINESS

K-Research frets over large budget

Business, Somruedi Banchongduang, Published on 27/09/2023

» Kasikorn Research Center (K-Research) is increasingly concerned about Thailand's sovereign credit rating because of the large budget needed to fund the government's stimulus schemes.

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BUSINESS

Services at malls closed in 16 additional provinces

Business, Somruedi Banchongduang, Published on 04/08/2021

» The temporary closure of commercial bank branches in department stores, shopping centres and community malls has been expanded to 16 additional provinces in the dark red zones from the original 13 provinces, according to a statement by the Thai Bankers' Association (TBA) yesterday.

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BUSINESS

Branches ordered closed in 13 provinces

Business, Somruedi Banchongduang, Published on 20/07/2021

» The Thai Bankers' Association (TBA) yesterday announced the temporary closure of physical branches of commercial banks located in department stores, shopping centres and community malls in 13 provinces, in line with the government's tightening restrictions to contain the Covid-19 outbreak.

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BUSINESS

BoT slashes its GDP forecast again

Business, Somruedi Banchongduang, Published on 06/05/2021

» The Bank of Thailand (BoT) slashed Thailand's economic growth forecast for 2021 on Wednesday for the second time this year to 1-2%, largely depending on the procurement and distribution of Covid-19 vaccines.