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Search Result for “flash floods”

Showing 1 - 8 of 8

BUSINESS

How to protect your finances and fight fraud

Business, Somruedi Banchongduang, Published on 15/12/2025

» If you are an avid online shopper who regularly joins flash sales and loves snapping up discounted items, you need to be extra careful before making any transfers. Even if you made it through the 12.12 sales smoothly, it is important to stay alert during the upcoming 1.1 promotions and beyond. Fraudsters posing as online merchants remain widespread.

BUSINESS

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.

BUSINESS

KFin plans to sink B520m into startups

Business, Somruedi Banchongduang, Published on 13/03/2025

» Krungsri Finnovate (KFin), the corporate venture capital arm of Krungsri (Bank of Ayudhya), plans to invest around 520 million baht in tech startups both locally and across the region this year.

BUSINESS

Banks post modest increase in profits

Business, Somruedi Banchongduang, Published on 22/10/2024

» The banking sector reported a modest increase in profits for the first nine months of 2024, driven by gains in both interest and fee income, while continuing to allocate substantial reserves for loan losses in preparation for heightened uncertainties.

PROPERTY

Mortgage bad-debt rate climbs

Somruedi Banchongduang, Published on 27/08/2024

» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.

BUSINESS

Central bank unfazed by headline inflation

Business, Somruedi Banchongduang, Published on 11/11/2021

» The Bank of Thailand (BoT) expects high headline inflation to be short term and will not pressure monetary policy and the economic recovery.

BUSINESS

BoT clarifies loans under debt restructuring scheme

Business, Somruedi Banchongduang, Published on 10/10/2019

» The Bank of Thailand insists that banks, under the new financial accounting standard, can extend fresh working capital loans to commercial loan defaulters who are in the debt restructuring process without loan-loss provision requirements for the new loans.

BUSINESS

BoT holds at 1.5%, signals future shift

Business, Somruedi Banchongduang, Published on 09/08/2018

» The Bank of Thailand (BoT) left its policy rate unchanged as expected yesterday but said that the necessity of accommodative monetary policy is subsiding, adding to signs that a shift to a neutral stance is just around the corner.