Showing 1 - 10 of 14
Banker slams parties' household debt vows
Business, Somruedi Banchongduang, Published on 09/02/2026
» As political parties compete to offer quick relief for struggling households, a leading Thai banker warns the country's debt crisis cannot be resolved with tax revenues or government spending alone.
KBank upgrades systems to fortify core infrastructure
Business, Somruedi Banchongduang, Published on 08/01/2025
» Kasikornbank (KBank) has strengthened its infrastructure by upgrading its core banking and credit scoring systems, aimed at enhancing its business capabilities and improving asset quality management amid ongoing economic uncertainties.
Private investment advanced in April thanks to new cars
Business, Somruedi Banchongduang, Published on 01/06/2024
» The Bank of Thailand reported an increase in private investment in April, attributed to improved sales of new cars after the delivery of vehicles following this year’s Thailand International Motor Show.
Krungsri Research upbeat on economic forecast for Q1
Business, Somruedi Banchongduang, Published on 24/02/2024
» Krungsri Research forecasts the Thai economy will not enter a technical recession as the outlook improved for the first quarter this year.
BoT keeps wary eye on bond rollovers
Business, Somruedi Banchongduang, Published on 14/08/2023
» The Bank of Thailand is monitoring the rollover of corporate bonds in the second half after more defaults occurred in the first half, dampening bond market sentiment.
BoT keeps measured approach on monetary policy tactics
Business, Somruedi Banchongduang, Published on 25/08/2022
» The Bank of Thailand plans to maintain a gradual approach to normalising monetary policy throughout this year, according to its chief.
UOB helps Thai SMEs digitalise
Business, Somruedi Banchongduang, Published on 09/03/2022
» UOB Thailand is supporting local entrepreneurs to digitalise their business operations and strengthen their competitiveness in international markets amid the global economic rebound.
Banking trio announce uneven Q1 results
Business, Somruedi Banchongduang, Published on 21/04/2020
» The unaudited consolidated net profit of three commercial banks -- Siam Commercial Bank (SCB), TMB Bank and Tisco Financial Group -- were mixed for the first quarter, with most recording a bad loan uptick, while SCB's chief warned Covid-19 impacts will be apparent in future quarters.
Big banks cut rates by 40 basis points
Somruedi Banchongduang, Published on 09/04/2020
» The country’s six largest commercial banks have passed on cost savings after the Bank of The country’s six largest commercial banks have passed on cost savings after the Bank of Thailand lowered their required contribution to the Financial Institutions Development Fund (FIDF), trimming prime lending rates by 40 basis points to blunt the coronavirus impact on debtors.
KTB prepares to buffer clientele against economy
Business, Somruedi Banchongduang, Published on 14/02/2020
» Krungthai Bank (KTB) could be required to set aside higher loan-loss provisions to deal with a potential bad-loan uptick this year as the deteriorating debt-servicing ability of clients is further hit by the sagging economy.