Showing 1 - 10 of 15
World Bank calls for rejig of growth model
Business, Somruedi Banchongduang, Published on 06/02/2026
» Thailand should use the global spotlight from hosting the IMF-World Bank Annual Meetings in October this year to reposition its economic growth model, according to a senior World Bank official.
Virtual banks to bolster financial inclusion
Business, Somruedi Banchongduang, Published on 10/10/2025
» Virtual banks are 10 times more likely to reach untapped retail customers than traditional banks, improving the country's rate of financial inclusion, say new industry players.
Thailand faces stronger economic headwinds
Somruedi Banchongduang, Published on 04/04/2025
» Increasing economic headwinds are expected to drag down gross domestic product growth in Thailand to between 1.2% and 1.4% this year, while the Bank of Thailand is expected to cut its policy interest rate to 1.25% by next year from 2% now, according to local research houses.
Earthquake set to worsen tourism market
Business, Somruedi Banchongduang, Published on 01/04/2025
» The Bank of Thailand believes the earthquake will further slow the already sluggish recovery of the property sector and impact foreign tourist arrivals.
KBank spins off investment business
Somruedi Banchongduang, Published on 03/08/2023
» Kasikornbank (KBank) is spinning off its investment business to a new entity with the aim of making profits of 5 billion baht over the next three years, paving the way for new S-curve business in the long run.
EIC downgrades growth forecast for 2023
Business, Somruedi Banchongduang, Published on 29/11/2022
» The Economic Intelligence Center (EIC), a research unit under Siam Commercial Bank, has slashed its 2023 GDP growth projection for Thailand due to the global economic slowdown and the increased likelihood of a recession in developed economies.
BoT looks for cash deposit solutions
Business, Somruedi Banchongduang, Published on 28/10/2022
» The Bank of Thailand intends to find solutions to make cash deposit machines (CDMs) more convenient, following new regulations from the Anti-Money Laundering Office (Amlo) on their use.
PromptBiz targets SME digital payments
Business, Somruedi Banchongduang, Published on 30/08/2022
» National ITMX Co (NITMX), a digital payment infrastructure system developer, has created PromptBiz, a digital payment infrastructure system for the business sector, as part of its upgrade of Thailand's digital payment systems.
Merged entity will support client base
Business, Somruedi Banchongduang, Published on 11/05/2021
» TMB-Thanachart Bank (ttb) will focus on providing financial assistance to its existing customers rather than business growth this year as the integration of two banking entities of TMB Bank and Thanachartbank is scheduled to be completed in July.
Aiming for inclusion
News, Somruedi Banchongduang, Published on 22/03/2021
» After less than a year at the helm of Kasikornbank (KBank) as chief executive, Kattiya Indaravijaya says it is too early to discuss her achievements.