Showing 1 - 10 of 19
Banks help sugar farmers combat PM2.5
Business, Somruedi Banchongduang, Published on 28/04/2025
» The amount of PM2.5 air pollution has increased in Thailand in recent years, driven by multiple factors such as industrial manufacturing, the widespread use of internal combustion engine-powered vehicles, and the open burning of garbage and agricultural crop residue.
SCB reduces lending rates across the board
Business, Somruedi Banchongduang, Published on 01/03/2025
» Siam Commercial Bank (SCB) has announced a reduction of its maximum loan rate by 25 basis points (bps), aligning with the Bank of Thailand's recent policy rate cut.
Generation Rent
Business, Somruedi Banchongduang, Published on 02/12/2024
» Potential homebuyers from Gen Y and Z face significant obstacles to owning a home, with the primary one limited access to mortgages.
Rate cut to have muted effect on potential homebuyers
Business, Somruedi Banchongduang, Published on 24/10/2024
» The Housing Finance Association expects the recent policy rate cut by the Bank of Thailand will have a greater effect on mortgage holders than potential home loan applicants, as consumer purchasing power remains weak.
Developer pushes mortgage options
Business, Somruedi Banchongduang, Published on 14/09/2024
» The government is being advised to offer 20-year fixed-rate mortgages to help low-income individuals access lending, addressing an obstacle for many Thais who want to own a home.
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.
Impact of loan rate cuts on key players deemed as limited
Business, Somruedi Banchongduang, Published on 02/05/2024
» The country's four largest banks expect a limited impact from the reduction in their loan interest rates based on the specific customer demographics and the limited time frame of the debt relief measures.
Mortgage rejection rate soars after pandemic
Business, Somruedi Banchongduang, Published on 12/03/2024
» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.
Growth in mortgages slim in H1
Business, Somruedi Banchongduang, Published on 29/07/2023
» Banks booked marginal growth in mortgage loans for the first half of this year as rising interest rates weakened the purchasing power of homebuyers.
Two-pronged approach for Tisco Financial
Business, Somruedi Banchongduang, Published on 20/05/2023
» Tisco Financial Group, a holding company of Tisco Bank, plans to focus on what it considers two businesses related to S-curve industries: auto title loans and corporate banking.