Showing 1 - 10 of 150
Alarm on strong baht
Business, Somruedi Banchongduang, Published on 30/09/2025
» The continued appreciation of the baht against the US dollar, if left unaddressed, could weaken Thailand's competitiveness in both tourism and exports relative to its regional peers, cautions SCB EIC, the research centre under Siam Commercial Bank (SCB).
Gold and baht causing headaches for central bank
Somruedi Banchongduang, Published on 16/09/2025
» The increase in errors and omissions in Thailand’s balance of payments may be linked to gold trading and the baht’s appreciation against the US dollar, says the head of the Bank of Thailand.
SCB trims retail banking unit amid debt avalanche
Business, Somruedi Banchongduang, Published on 13/09/2025
» Siam Commercial Bank (SCB) is scaling back its retail banking business in response to the country's elevated household debt and the adoption of artificial intelligence (AI).
Bank chief calls for economic reform
Business, Somruedi Banchongduang, Published on 06/09/2025
» Piti Tantakasem, chief executive at TMBThanachart Bank (ttb), has urged structural economic reform to enable the country to withstand persistent political instability.
UOB Thailand forecasts zero mortgage growth
Business, Somruedi Banchongduang, Published on 08/08/2025
» UOB Thailand expects flat growth for its mortgage portfolio this year for the first time in several decades, in line with a contraction in the property market.
Banks ramp up green initiatives
Somruedi Banchongduang, Published on 04/08/2025
» In advancing sustainable business practices, banks are doing more than offering green financial services to clients.
Thai GDP growth set to slow in Q3
Business, Somruedi Banchongduang, Published on 01/08/2025
» The Bank of Thailand expects the Thai economy to start slowing in the third quarter this year, following flat growth in the second quarter.
SCB opts to scale down operations
Business, Somruedi Banchongduang, Published on 18/07/2025
» Siam Commercial Bank (SCB) plans to scale down its business operations over the next 12–18 months in response to a weaker outlook for the Thai economy.
Bankers' association pushes formal economy to the fore
Business, Somruedi Banchongduang, Published on 16/07/2025
» The use of public policy to support the economy should primarily focus on the formal economy and Thai labour, according to Payong Srivanich, chairman of the Thai Bankers' Association (TBA).
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.