Showing 1 - 10 of 25
EV demand fuels Krungsri Auto's expansion plans
Somruedi Banchongduang, Published on 03/04/2026
» Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices.
Baht set to fall further amid Mideast wartime pressures
Business, Somruedi Banchongduang, Published on 24/03/2026
» The baht is expected to depreciate to 33.50 per US dollar this week after testing a nine-month low of 33 on Monday, amid heightened uncertainties surrounding the conflict in the Middle East.
Mideast conflict threatens Thai growth
Business, Somruedi Banchongduang, Published on 21/03/2026
» The Bank of Thailand is warning the war in the Middle East could weigh on Thailand's economy across multiple fronts, potentially dragging GDP growth below its 2% forecast for this year.
Homebuyers advised to decide quickly
Business, Somruedi Banchongduang, Published on 12/03/2026
» Banks are urging prospective homebuyers to make purchasing decisions within the first half of the year before costs rise further, amid concerns that inflation could increase under wartime conditions.
Central bank anticipates growing uncertainty
Business, Somruedi Banchongduang, Published on 08/01/2026
» The Bank of Thailand expects the recent US military operation in Venezuela to heighten global uncertainty in three areas -- military, trade and finance -- this year and next.
Mitsubishi UFJ Financial urges reform of Thai industry
Business, Somruedi Banchongduang, Published on 07/08/2025
» Mitsubishi UFJ Financial Group (MUFG), a major shareholder in Bank of Ayudhya (Krungsri), views manufacturing reform in Thailand as more critical than US tariff changes in attracting foreign direct investment (FDI).
Thai growth projections upgraded on lower US tariffs
Somruedi Banchongduang, Published on 06/08/2025
» The local private sector has increased its forecast for Thai GDP growth this year to 1.8-2.2%, rising from an estimate of 1.5-2% following the recent US decision to reduce tariffs on imports from Thailand from 36% to 19%.
Thai political battles take toll on investment
Business, Somruedi Banchongduang, Published on 01/07/2025
» Bangkok Bank (BBL) anticipates that ongoing domestic political instability will further delay investment decisions, compounding the impact of US tariffs on Thai exports.
Thai economy put at risk by surge in zero-dollar exports
Business, Somruedi Banchongduang, Published on 11/04/2025
» The government is being urged to address zero-dollar exports and investments from China, as they are expected to intensify due to the US tariff measures.
Kobsak wants focus on autos, farming
Business, Somruedi Banchongduang, Published on 09/04/2025
» The automotive and agricultural sectors are crucial areas requiring negotiation with the US to address the reciprocal tariffs imposed on Thai imports, says Kobsak Pootrakul, director and senior executive vice-president of Bangkok Bank.