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Search Result for “contracting”

Showing 1 - 10 of 17

BUSINESS

New central bank governor envisions expanded role

Business, Somruedi Banchongduang, Published on 24/11/2025

» The new governor of the Bank of Thailand wants to get more involved with the country's structural challenges and real sector issues, expanding the bank's role beyond its traditional focus on economic stability.

BUSINESS

Unsecured loan sector projected to remain flat

Business, Somruedi Banchongduang, Published on 20/08/2025

» The unsecured loan sector is expected to record flat growth this year, in line with economic conditions and weaker consumer confidence.

BUSINESS

Economists split over BoT rate decision

Business, Somruedi Banchongduang, Published on 11/08/2025

» Following the reduction of the US reciprocal tariff rate on Thai exports, economists are divided over the Bank of Thailand's policy rate decision at the Monetary Policy Committee (MPC) meeting scheduled for Wednesday.

BUSINESS

Bankers' association pushes formal economy to the fore

Business, Somruedi Banchongduang, Published on 16/07/2025

» The use of public policy to support the economy should primarily focus on the formal economy and Thai labour, according to Payong Srivanich, chairman of the Thai Bankers' Association (TBA).

BUSINESS

K-Research predicts rise in recession risk this year

Business, Somruedi Banchongduang, Published on 12/06/2025

» Kasikorn Research Center (K-Research) anticipates an increased risk of a technical recession in the Thai economy during the second half of this year, though it maintained its GDP growth forecast for 2025 at 1.4%.

BUSINESS

Thai business leaders tally cost of US tariffs

Somruedi Banchongduang, Published on 07/05/2025

» The value of Thai exports to the United States could drop by as much as as $43 billion (1.4 trillion baht) over the next decade if 36% import tariffs go ahead, say business leaders.

BUSINESS

Auto loans seen contracting again in 2025

Somruedi Banchongduang, Published on 07/02/2025

» Kiatnakin Phatra Financial Group (KKP), the holding company of Kiatnakin Bank, anticipates auto loans contracting for a second consecutive year in 2025, pressured by a sluggish automotive industry.

BUSINESS

KResearch projects exports contracting 1.2% this year

Business, Somruedi Banchongduang, Published on 24/03/2023

» Exports are forecast for a deeper contraction of 1.2% this year, attributed to the global economic slowdown and the banking debacle in the US and Europe, according to Kasikorn Research Center (KResearch).

BUSINESS

Fitch predicts banks to face challenging times ahead

Business, Somruedi Banchongduang, Published on 18/03/2021

» Fitch Ratings Thailand forecasts Thai commercial banks' profitability to be restricted for the next few years, given the country's slow pace of economic recovery from the impact of the Covid-19 pandemic.

BUSINESS

Somkid: BoT taming baht independently

Business, Somruedi Banchongduang, Published on 11/07/2019

» The government has given the Bank of Thailand a free hand in dealing with the baht's rapid gain, says Deputy Prime Minister Somkid Jatusripitak.