Showing 1 - 4 of 4
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.
CIMBT poised for retail lending dive
Business, Somruedi Banchongduang, Published on 12/08/2020
» CIMB Thai Bank (CIMBT) expects new retail lending to shrink by 20-25% this year in light of the coronavirus crisis but is maintaining its projection of loan delinquency in the retail segment, citing debt relief measures and risk management.
BoT predicts 5.3% GDP dive in 2020
Business, Somruedi Banchongduang, Published on 26/03/2020
» The Bank of Thailand on Wednesday forecast the economy to shrink by 5.3% this year, the first contraction since the 2008 global financial crisis, but stayed unchanged on the policy interest rate.
SCB, KBank post weaker earnings
Business, Somruedi Banchongduang, Published on 20/01/2018
» Two of the big four commercial banks reported a sharp drop in unaudited consolidated net profit for 2017 and the three months to December, with larger bad-debt provisions taking a toll on balance sheets.