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Search Result for “formal”

Showing 1 - 10 of 42

BUSINESS

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.

BUSINESS

Growth to hit new depths

Somruedi Banchongduang, Published on 29/01/2026

» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.

BUSINESS

Listed bank profits edge up in 2025

Business, Somruedi Banchongduang, Published on 23/01/2026

» The banking sector reported marginal net profit growth of 3.6% in 2025, with large banks posting weaker profitability while small lenders delivered strong earnings growth.

BUSINESS

Virtual banks to shake up Thai finance next year

Business, Somruedi Banchongduang, Published on 24/12/2025

» By mid-2026, Thais are expected to be able to access virtual banks, offering expanded options for people underserved by formal financial services.

BUSINESS

Bad debt scheme to be launched in New Year

Business, Somruedi Banchongduang, Published on 12/11/2025

» The government plans to roll out the new debt resolution programme "Clear Debt, Move Forward" in January next year, offering measures such as interest payment waivers and reductions of principal for qualified borrowers.

BUSINESS

Bankers back scheme to aid small debtors

Somruedi Banchongduang, Published on 04/11/2025

» The Thai Bankers’ Association (TBA) says it will support the government’s new debt resolution programme, in which asset management companies (AMCs) will play the lead role.

BUSINESS

Line BK growth continues 5 years on

Business, Somruedi Banchongduang, Published on 20/10/2025

» After five years of operation, Line BK, a pioneering digital banking platform in Thailand, continues to post solid business momentum and remains confident in its competitiveness as virtual banks prepare their functions.

BUSINESS

Fears over sovereign rating revision

Business, Somruedi Banchongduang, Published on 05/09/2025

» Bankers are increasingly concerned about a potential downgrade of the country's sovereign credit rating in the near future due to weakening tax revenues and rising public debt.

BUSINESS

Structural reforms key to solving debt, say bankers

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.

BUSINESS

Bankers' association pushes formal economy to the fore

Business, Somruedi Banchongduang, Published on 16/07/2025

» The use of public policy to support the economy should primarily focus on the formal economy and Thai labour, according to Payong Srivanich, chairman of the Thai Bankers' Association (TBA).