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Search Result for “disaster mitigation”

Showing 1 - 10 of 17

BUSINESS

Bank of Thailand takes closer look at large cash transactions

Business, Somruedi Banchongduang, Published on 12/02/2026

» The Bank of Thailand is tightening oversight of cash transactions by introducing stricter due diligence requirements and clearer verification of the purpose of fund usage, in an effort to curb suspicious transactions.

BUSINESS

UOB: Economic growth depends on stability

Business, Somruedi Banchongduang, Published on 11/02/2026

» Effective implementation of the new government's policies will be pivotal in building investor confidence and attracting both foreign portfolio inflows and foreign direct investment (FDI) into Thailand, according to UOB Thailand.

BUSINESS

Panel puts flood income loss at B30bn this month

Business, Somruedi Banchongduang, Published on 04/12/2025

» The private sector estimates the deadly floods in the South have caused income losses of 20-30 billion baht, weighing on GDP growth in the final quarter of this year.

BUSINESS

US tariffs force ttb to conduct stress tests

Business, Somruedi Banchongduang, Published on 23/04/2025

» TMBThanachart Bank (ttb) has initiated stress tests to gauge the risks and potential impacts of US tariffs on Thai exports.

BUSINESS

KBank offers helping hand to exporters hit by US tariffs

Business, Somruedi Banchongduang, Published on 18/04/2025

» As part of its efforts to mitigate the impact of the US tariffs on Thai exports, Kasikornbank (KBank) is assisting export clients in exploring new international markets to minimise potential disruption.

BUSINESS

SCB X to upgrade continuity plan

Business, Somruedi Banchongduang, Published on 10/04/2025

» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), plans to strengthen its business continuity plan to address earthquake risks.

PROPERTY

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.

BUSINESS

Thailand faces stronger economic headwinds

Somruedi Banchongduang, Published on 04/04/2025

» Increasing economic headwinds are expected to drag down gross domestic product growth in Thailand to between 1.2% and 1.4% this year, while the Bank of Thailand is expected to cut its policy interest rate to 1.25% by next year from 2% now, according to local research houses.

BUSINESS

US tariffs to trim Thai GDP level

Somruedi Banchongduang, Published on 02/04/2025

» A group of Thai industry leaders expects the planned US reciprocal tariffs to reduce Thai GDP growth by 0.2-0.6 percentage points this year, keeping the forecast within the existing range of 2.4-2.9%.

BUSINESS

Earthquake set to worsen tourism market

Business, Somruedi Banchongduang, Published on 01/04/2025

» The Bank of Thailand believes the earthquake will further slow the already sluggish recovery of the property sector and impact foreign tourist arrivals.