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Search Result for “cutting torch”

Showing 1 - 10 of 70

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.

BUSINESS

KBank bullish on cutting employee costs

Business, Somruedi Banchongduang, Published on 15/10/2025

» Kasikornbank (KBank) has successfully implemented its early retirement (ER) programme and aims to reduce employee costs by 10-20% over five years as it increasingly adopts artificial intelligence (AI).

BUSINESS

Panel expected to maintain policy rate

Business, Somruedi Banchongduang, Published on 07/10/2025

» Economists expect the Bank of Thailand to keep its policy rate unchanged at Wednesday's meeting, as the central bank awaits clearer economic data and allows time for its new governor to settle in.

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.

PROPERTY

Real estate price war on the horizon

Business, Somruedi Banchongduang, Published on 13/08/2025

» The slowdown in the real estate sector is expected to trigger a price war in the property market and dampen the purchasing power of upper-income homebuyers.

BUSINESS

SCB X plans to harness AI for virtual bank

Business, Somruedi Banchongduang, Published on 29/07/2025

» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.

BUSINESS

Bank rate cut to trim interest margin

Business, Somruedi Banchongduang, Published on 17/05/2025

» Large local banks have lowered their interest rates in response to the Bank of Thailand's recent policy rate cut, a move that is expected to compress the banking sector's net interest margin (NIM) this year.

BUSINESS

IMF supports BoT's rate reductions

Business, Somruedi Banchongduang, Published on 22/02/2025

» The International Monetary Fund (IMF) backs the Bank of Thailand cutting interest rates to stimulate inflation and increase the capacity of borrowers to repay debt.

BUSINESS

Citi Thailand projects 3.2% GDP growth

Somruedi Banchongduang, Published on 20/12/2024

» Citi Thailand is upbeat about the local economy in 2025, fuelled by domestic investments from both the public and private sectors, with tourism remaining a key driver of growth.

BUSINESS

Rate cuts to take priority next year

Business, Somruedi Banchongduang, Published on 18/12/2024

» Monetary policy should take a central role in driving economic growth next year, while fiscal policy diminishes as a tool to address the fiscal deficit, says Supavud Saichuea, chairman of the National Economic and Social Development Council.