Showing 1 - 10 of 13
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.
World Bank downgrades Thai growth
Business, Somruedi Banchongduang, Published on 04/07/2025
» The World Bank has reduced Thailand's economic growth forecast to 1.8% for this year and 1.7% for 2026, citing mounting global and domestic challenges.
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.
External headwinds lead KTB to cut GDP forecast
Business, Somruedi Banchongduang, Published on 18/10/2019
» Krungthai Compass, KTB's research unit, has downgraded its 2020 economic growth forecast to 3.2% from 3.6% earlier, given external headwinds next year.
BoT measures slow baht speculation
Business, Somruedi Banchongduang, Published on 01/10/2019
» Baht speculation has been declining after the central bank's recent measures to manage local currency movement and a policy rate cut, says the Bank of Thailand.
EIC says Q4 state spending geared towards 3% growth
Business, Somruedi Banchongduang, Published on 10/07/2019
» The new government is estimated to spend 20 billion baht on a fresh round of economic stimulus in the final quarter of the year to raise full-year GDP growth above 3%, says the Economic Intelligence Center (EIC).
Banks mull novel debt ratio rule
Business, Somruedi Banchongduang, Published on 28/01/2019
» Commercial banks are expected to finalise a single standard for debt service ratio (DSR) in the first half of this year, as required by the Bank of Thailand, as a tool for controlling risk and reducing the household debt that is at a stubbornly high level.
Research house expects slight lending rate hike
Business, Somruedi Banchongduang, Published on 16/01/2019
» A modest bump in the prime lending rate is expected this year, assuming the Bank of Thailand raises the policy rate one more time in 2019, says Krungthai Macro Research, the research house of Krungthai Bank (KTB).
Listed banks see Q3 net profit rise
Business, Somruedi Banchongduang, Published on 20/10/2018
» Eleven SET-listed commercial banks delivered a 14.7% year-on-year increase in unreviewed aggregated net profit for the three months through September, largely boosted by lower loan-loss provisions, higher net interest income and TMB Bank's one-time gain of 11.8 billion baht from the divestment of a 65% stake in its asset management subsidiary.
SCB: SME loan target 'reachable' despite slump
Business, Somruedi Banchongduang, Published on 11/09/2018
» Siam Commercial Bank (SCB), the country's second-largest lender by assets, expects to reach its 2018 loan growth target for small and medium-sized enterprises (SME) of 6-7%, though it delivered only 1% growth for the first half.