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BUSINESS

Crude prices test GDP, inflation goals

Business, Somruedi Banchongduang, Published on 27/03/2026

» The government is advised to adopt a managed float approach to deal with energy prices amid expectations that domestic diesel prices could reach 60 baht per litre.

BUSINESS

BoT puts last quarter GDP growth at 3.7%

Somruedi Banchongduang, Published on 30/11/2023

» The Bank of Thailand (BoT) predicts gross domestic product (GDP) growth of 3.7% in the final quarter this year, attributed to the low-base effect amid a continued recovery driven by private consumption and tourism.

BUSINESS

BoT preps more measures for baht

Business, Somruedi Banchongduang, Published on 01/12/2020

» The Bank of Thailand plans to implement additional measures to help manage the baht's appreciation in December as part of a push to forge a new foreign exchange ecosystem.

BUSINESS

Political uncertainty hits confidence

Business, Somruedi Banchongduang, Published on 31/10/2020

» Domestic political uncertainty is putting pressure on consumer confidence, though private consumption registered a small improvement last month, says a senior Bank of Thailand official.

BUSINESS

Household debt risks boiling over

Business, Somruedi Banchongduang, Published on 23/05/2020

» The country's household bad debt is expected to reach 1 trillion baht this year, putting the ratio to total loans outstanding into double digits as debt-servicing ability erodes amid coronavirus-induced income shocks, says the head of the National Credit Bureau (NCB).

BUSINESS

B36bn in SME soft loans drawn down

Business, Somruedi Banchongduang, Published on 08/05/2020

» Some 22,000 small and medium-sized enterprises (SMEs) have taken out 36 billion baht in soft loans sponsored by the Bank of Thailand in the weeks since the application period opened.