Showing 1 - 9 of 9
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.
Reform effort urged for incoming administration
Business, Somruedi Banchongduang, Published on 16/01/2026
» The new government is being advised to step up efforts to pursue economic reforms, with a primary focus on the tourism, agriculture and industrial sectors, or risk economic growth of only 1–2% a year, economists say.
Economists back raising public debt to over 70% of GDP
Business, Somruedi Banchongduang, Published on 11/02/2025
» Economists are throwing support behind the idea of raising the public debt ceiling to more than 70% of GDP to drive economic growth.
SCB EIC sees soft landing
Business, Somruedi Banchongduang, Published on 13/09/2024
» SCB EIC, the research centre of Siam Commercial Bank (SCB), forecasts Thailand is likely to experience a soft economic landing next year as growth momentum slows.
Bank of Thailand puts stability above stimulus
Business, Somruedi Banchongduang, Published on 25/04/2023
» Amid the ongoing recovery pace, the economy no longer requires any stimulus measures, but the country requires normalisation and the implementation of economic measures to support economic stability and potential growth for the longer term, says the governor of the Bank of Thailand.
JSCCIB predicts Q4 recovery amid jabs
Business, Somruedi Banchongduang, Published on 10/06/2021
» The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) expects the Thai economy to pick up in the fourth quarter this year -- faster than earlier projections of the first quarter of next year -- if the government can maintain momentum of its vaccine programme.
Plenty of risks on the Thai horizon
Business, Somruedi Banchongduang, Published on 29/01/2021
» Thailand's economy is expected to endure greater risks next year because of higher limitations on fiscal and monetary stimulus, says Standard Chartered Bank (Thai).
BoT outlines possible recovery paths
Business, Somruedi Banchongduang, Published on 01/05/2020
» The economy is likely to stage a V- or U-shaped recovery, while a W-shaped rebound is not far-fetched if a second wave of coronavirus occurs, says a senior official at the central bank.
SCB Easy gains 10,000 new accounts in 3 days
Business, Somruedi Banchongduang, Published on 08/04/2020
» Social distancing to contain coronavirus spread and the government's cash handouts to help Thais are giving a boost to online banking, with more than 10,000 new customers opening accounts through Siam Commercial Bank's mobile banking app SCB Easy in three days.