Showing 1 - 8 of 8
Banks raise reserves to deal with effects of war
Somruedi Banchongduang, Published on 01/04/2026
» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.
Citi highlights Southeast Asia's FDI allure
Business, Somruedi Banchongduang, Published on 11/10/2024
» Citi anticipates positive foreign capital flows to Southeast Asia, driven by the region's high economic growth potential and increased geopolitical risk.
KBank keen to pare its expansion in China
Business, Somruedi Banchongduang, Published on 10/10/2024
» Kasikornbank (KBank) has scaled back its banking business in China because of increased uncertainties stemming from geopolitical tensions and a slowdown in that country's economic growth.
Gold price on course to hit record high
Business, Somruedi Banchongduang, Published on 27/01/2024
» The global gold price is expected to hit a new high of US$2,300 per troy ounce this year because of the possibility of US Federal Reserve policy rate cuts, surging inflation and geopolitics risks.
Headline inflation exceeds outlook
Business, Somruedi Banchongduang, Published on 10/02/2022
» The Bank of Thailand predicts headline inflation will exceed the target rate in the early part of this year, forced up by rising raw food and energy prices.
KBank sets out ambitious regional growth targets
Business, Somruedi Banchongduang, Published on 03/12/2021
» Kasikornbank (KBank) aims to be a regional digital banking player, with a target of 10 million users and foreign banking income making up 5% of total net income.
BBL illustrates risks for the Thai economy
Business, Somruedi Banchongduang, Published on 23/11/2021
» Bangkok Bank (BBL) predicts the economy will face a higher number of challenges over the next few years under a changing economic landscape following the Covid-19 pandemic.
Policy rate maintained
Business, Somruedi Banchongduang, Published on 20/09/2018
» The Bank of Thailand stood pat on its policy rate as widely expected Wednesday, but an additional committee member unexpectedly voted for a 25-basis point hike, reinforcing signs that the rate will increase at coming meetings for the first time since 2011.