Showing 1 - 10 of 22
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.
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.
Driving regional growth: UOB’s vision for Thailand
Business, Somruedi Banchongduang, Published on 11/12/2024
» UOB Thailand is poised to support business clients with their regional expansion, capitalising on Southeast Asia’s growth potential, while also helping Thai individuals access financial services more effectively amidst growing household debt.
BoT board boss pick delay
Somruedi Banchongduang, Published on 09/10/2024
» A committee organised to pick a new chairman of the board for the Bank of Thailand has postponed its selection until further notice amid concerns of possible political interference from several people, including former BoT governor Tarisa Watanagase.
Escaping the debt cycle
Business, Somruedi Banchongduang, Published on 15/07/2024
» A 25-year-old woman's struggles with debt of 307,000 baht went viral on social media recently when she asked for advice on how to manage what she owed. She earns 22,000 baht per month, with 6,000 baht going towards rent and 3,000 baht monthly for motorcycle loan payments.
Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
Job woes add to swelling debt load
Business, Somruedi Banchongduang, Published on 23/10/2020
» A rising under-employment rate driven by the Covid-19 crisis will further aggravate the country's swelling household debt and borrowers' debt-servicing struggles, says the Bank of Thailand chief.
BoT rules out IMF help, cites fundamentals
Business, Somruedi Banchongduang, Published on 21/07/2020
» Thailand does not need financial assistance from the IMF during the pandemic because of the country's strong economic fundamentals and the financial sector, says the Bank of Thailand.
Baht erodes further after Somkid's exit
Business, Somruedi Banchongduang, Published on 17/07/2020
» The baht continued to weaken on Thursday after the resignations of Deputy Prime Minister Somkid Jatusripitak and four other key officials, reflecting foreign investors' concerns about the continuity of the government's economic policies.
Central bank allays NPL concerns
Business, Somruedi Banchongduang, Published on 01/07/2020
» The banking industry's bad loans are seen climbing higher for the remaining period of the year, but the central bank is giving assurances that commercial banks' capital buffer is strong enough to tolerate rising non-performing loans (NPLs) if the economy shrinks 8.1% this year.