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Search Result for “covid”

Showing 1 - 10 of 226

BUSINESS

Growth to hit new depths

Somruedi Banchongduang, Published on 29/01/2026

» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.

BUSINESS

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.

BUSINESS

Gold and baht causing headaches for central bank

Somruedi Banchongduang, Published on 16/09/2025

» The increase in errors and omissions in Thailand’s balance of payments may be linked to gold trading and the baht’s appreciation against the US dollar, says the head of the Bank of Thailand.

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

Bangkok Bank targets SE Asia for growth

Business, Somruedi Banchongduang, Published on 30/01/2025

» Bangkok Bank (BBL) is focusing on four high-growth economies in Southeast Asia to drive its international banking business this year.

BUSINESS

Debt relief scheme seen as too small to impact bank ratings

Business, Somruedi Banchongduang, Published on 24/12/2024

» The government's latest debt relief scheme is unlikely to affect the credit rating of Thailand's banking industry in 2025 due to the modest scope of the measures, according to Fitch Ratings Thailand.

BUSINESS

Kiatnakin Phatra Research: Potential growth rate below 2%

Business, Somruedi Banchongduang, Published on 23/07/2024

» Kiatnakin Phatra Research (KKP Research) forecasts that Thailand's potential economic growth rate will be below 2% for the next five years due to weaker productivity and competitiveness.

BUSINESS

World Bank cuts Thai growth forecast

Business, Somruedi Banchongduang, Published on 02/04/2024

» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.

BUSINESS

MPC calls for human capital investment

Business, Somruedi Banchongduang, Published on 23/01/2024

» Thailand needs human capital investment for sustained growth in the long term amid the sluggish economy post-pandemic, says a member of the Bank of Thailand's Monetary Policy Committee (MPC).

BUSINESS

Auto loan segment volatile

Somruedi Banchongduang, Published on 20/01/2024

» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.