Showing 1 - 10 of 10
BoT hot on 'grey' money trail
News, Somruedi Banchongduang, Published on 24/11/2025
» The Bank of Thailand (BoT) is asking banks to report suspicious transactions relating to grey money to it directly, as the bank expands its role in monitoring illegal activities.
Bank of Thailand urged to address strong baht
Business, Somruedi Banchongduang, Published on 22/10/2025
» Business operators have renewed calls for the Bank of Thailand to address the baht's strength, saying an exchange rate of 34-35 baht per US dollar would be more favourable for exports.
Alarm on strong baht
Business, Somruedi Banchongduang, Published on 30/09/2025
» The continued appreciation of the baht against the US dollar, if left unaddressed, could weaken Thailand's competitiveness in both tourism and exports relative to its regional peers, cautions SCB EIC, the research centre under Siam Commercial Bank (SCB).
Panel projects H2 growth below 1%
Business, Somruedi Banchongduang, Published on 05/06/2025
» The local private sector anticipates Thai GDP growth will be less than 1% in the second half of the year, primarily due to the impact of tariffs.
Baht volatility against the dollar exceeds regional peers
Business, Somruedi Banchongduang, Published on 10/09/2024
» The baht has been exhibiting a greater degree of volatility against the US dollar than its regional peers, mainly due to market expectations of a US policy rate cut and Thailand's gold imports.
KBank takes cautious view on regional loan expansion
Business, Somruedi Banchongduang, Published on 11/06/2024
» Kasikornbank (KBank) is increasing scrutiny of regional loan growth through stronger risk management and focusing on generating fee-based income from its overseas banking business.
KBank app handling transfers in 12 currencies
Business, Somruedi Banchongduang, Published on 20/05/2020
» Kasikornbank is doubling the number of foreign-denominated currencies to 12 in KBank's international money transfer service via mobile banking app K Plus, covering 30 countries.
Panel urges further baht measures
Business, Somruedi Banchongduang, Published on 05/09/2019
» The private sector has made a renewed push for the central bank to contain the baht's rapid gain after a recent 25-basis-point cut of the policy rate had almost no effect on the local currency relative to regional peers.
KBank: Baht could shave B125bn off export revenue
Business, Somruedi Banchongduang, Published on 18/10/2018
» More than 100 billion baht in possible export revenue could be lost this year if the baht's year-end value remains unchanged from 32.57 against the dollar, the level at the end of last year, says Kasikornbank (KBank).
Bangkok Bank seeks higher Vietnam lending
Business, Somruedi Banchongduang, Published on 28/07/2018
» Bangkok Bank's Vietnam branch has sought the Vietnamese central bank's permission to raise its lending growth target for this year after loan expansion during the first half approached the regulatory limit of 15%.