Showing 1 - 10 of 14
The lowdown on net errors and omissions
Business, Somruedi Banchongduang, Published on 27/09/2025
» The baht has continuously appreciated this year, with the Bank of Thailand attributing it primarily to a weaker dollar. Greater clarity in domestic politics lifted investor confidence, and Thailand's gold trade further supported the currency.
High hopes for virtual banks
Business, Somruedi Banchongduang, Published on 30/06/2025
» Financial literacy is crucial in enhancing consumer understanding ahead of the arrival of virtual banks, which aim to improve financial accessibility for underserved groups.
Chinese condo purchases likely depressed this year
Somruedi Banchongduang, Published on 07/04/2025
» Condo transfers from Chinese buyers in Thailand are expected to remain at less than 40% of foreign transfers for the second consecutive year, as tourism from the nation softens and the recent earthquake dents confidence, according to Krungthai Compass, the research centre under Krungthai Bank.
Generation Rent
Business, Somruedi Banchongduang, Published on 02/12/2024
» Potential homebuyers from Gen Y and Z face significant obstacles to owning a home, with the primary one limited access to mortgages.
Mortgage growth forecast to plunge
Business, Somruedi Banchongduang, Published on 27/09/2024
» Kasikorn Research Center (K-Research) expects 1.2% growth in mortgages within the commercial banking sector this year, the lowest level of expansion in 23 years.
SCB ready to extend relief to hospitality
Business, Somruedi Banchongduang, Published on 05/03/2021
» Siam Commercial Bank (SCB) is ready to prolong its debt holiday programme for the hospitality business in case the Bank of Thailand does not extend its targeted debt relief measures due to expire in June.
BoT vows to maintain LTV regulations
Business, Somruedi Banchongduang, Published on 05/09/2020
» The Bank of Thailand has been closely monitoring property supply amid the slower pace of residential project sales, vowing to keep loan-to-value (LTV) regulations for mortgage loans unchanged.
Pace rejig by third quarter
Business, Somruedi Banchongduang, Published on 02/03/2020
» Siam Commercial Bank (SCB) expects to finalise financial restructuring and the debt management plan of beleaguered Pace Development Corporation Plc by the third quarter.
Second mortgages fall hard after LTV curbs tame market
Business, Somruedi Banchongduang, Published on 11/10/2019
» Second and subsequent new mortgages, particularly for condo purchases, plunged 39% year-on-year in the three months to June after the central bank's tougher loan-to-value (LTV) regulations came into force in April.
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).