Showing 1 - 9 of 9
BoT to begin reporting forex interventions next year
News, Somruedi Banchongduang, Published on 01/11/2025
» The Bank of Thailand (BoT) will begin publicly reporting details of its foreign exchange intervention activities and international reserves next year, following a joint statement with the US Department of the Treasury aimed at enhancing transparency and policy coordination.
Panel projects H2 growth below 1%
Business, Somruedi Banchongduang, Published on 05/06/2025
» The local private sector anticipates Thai GDP growth will be less than 1% in the second half of the year, primarily due to the impact of tariffs.
Auto industry on thin ice
Business, Somruedi Banchongduang, Published on 04/01/2025
» The Bank of Thailand has expressed concerns about the uncertainty surrounding new car sales in Thailand this year and the increasing challenges facing the country's automotive industry in the medium term.
Kiatnakin Phatra eyes NPL bump after end of debt scheme
Business, Somruedi Banchongduang, Published on 03/02/2021
» Kiatnakin Phatra (KKP) Financial Group expects its non-performing loan (NPL) ratio to surge this quarter after the Bank of Thailand's first-phase debt restructuring measures expired in October.
Recovery momentum picks up in Q3
Business, Somruedi Banchongduang, Published on 26/11/2020
» Thailand's economic recovery momentum gained traction thanks to quarter-on-quarter GDP growth in the third quarter, with exports and public investment expected as the main growth drivers for next year, says a research house.
EIC: 38.4% more firms shutter in July
Business, Somruedi Banchongduang, Published on 15/09/2020
» Business closures spiked 38.4% year-on-year from June to July, with higher figures anticipated in the second half attributed to the economic downturn amid the pandemic crisis, says a research house.
BoT: Loan growth may lag GDP uptick in 2020
Business, Somruedi Banchongduang, Published on 18/02/2020
» Banking loan growth could slow to levels below economic growth, while the bad loan ratio is expected to surpass 3% this year as the economy falters, says a senior official at the central bank.
BoT blames easy loans for household debt woes
Business, Somruedi Banchongduang, Published on 17/09/2019
» Zero-interest unsecured loans and online shopping are blamed for the country's swelling household debt, says the Bank of Thailand's chief.
Agents to lead unbanked drive
Business, Somruedi Banchongduang, Published on 14/04/2018
» The two biggest digital banking players, Siam Commercial Bank (SCB) and Kasikornbank (KBank), plan to use banking agents as an additional channel to access the unbanked, helping to plug the gap before the full-scale adoption of digital banking.