Showing 1 - 10 of 167
Industrial decline forcing Thais into service jobs
Somruedi Banchongduang, Published on 08/01/2026
» The Bank of Thailand (BoT) has expressed concern over the weakening income outlook in the labour market, as an industrial slowdown continues to push workers into the service sector.
Moody's cuts outlook for banks
News, Somruedi Banchongduang, Published on 02/05/2025
» Moody's Ratings (Moody's) yesterday changed the outlook of seven Thai financial institutions to negative from stable.
Step right up, hedge your currency bets
Business, Somruedi Banchongduang, Published on 08/03/2023
» If you're planning to travel abroad, it's important to consider the foreign exchange rate to manage your personal finances, especially as the baht is increasingly volatile against the US dollar.
Applications for hotel asset warehousing scheme decrease
Business, Somruedi Banchongduang, Published on 30/11/2022
» The total number of hoteliers affected by the Covid-19 pandemic applying for the central bank's asset warehousing scheme has declined thanks to the rebound in the tourism sector, according to an executive at the Bank of Thailand (BoT).
Top banks set lower NPL targets for 2022
Business, Somruedi Banchongduang, Published on 21/02/2022
» Four local banks unveiled their financial goals for this year, with all setting lower non-performing loan (NPL) targets in line with the economic recovery, although the rebound is projected to be uneven.
Impact of Omicron less than expected, says BoT
Business, Somruedi Banchongduang, Published on 01/02/2022
» The Bank of Thailand (BoT) believes the Omicron coronavirus variant has affected the economy to a lesser degree than predicted, despite dampening the country's economic activities during January.
Banks post improved profits last year
Business, Somruedi Banchongduang, Published on 22/01/2022
» The local banking sector reported higher net profit for 2021 thanks to lower loan-loss provisions and improved operating profit, despite challenging economic conditions given the impact of the prolonged pandemic.
Forecast cut for foreign arrivals
Business, Somruedi Banchongduang, Published on 23/12/2021
» The Bank of Thailand has cut its forecast for foreign tourist arrivals in 2022 because of the impact of the Omicron variant and government measures to restore mandatory quarantine for visitors entering the country from overseas.
Study shows shift to e-payment
Business, Somruedi Banchongduang, Published on 22/12/2021
» The country's use of cash is expected to decline by 4% in 10 years and 15% in 20 years as more Thais shift to e-payment, according to a Bank of Thailand paper.
World Bank upbeat on Thai growth
Business, Somruedi Banchongduang, Published on 15/12/2021
» The World Bank predicts Thai economic activity will return to 2019 levels by the end of 2022, helping support GDP growth of 3.9% next year, up from 1% this year.