Showing 1 - 10 of 12
Low-carbon economy looms
Business, Somruedi Banchongduang, Published on 17/11/2025
» Thailand's carbon-intensive industries are under growing pressure to fast-track their green transition after the new government announced an ambitious plan to accelerate the country's net zero goal by 15 years, from 2065 to 2050.
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.
Banks vow to keep rates steady for the time being
Business, Somruedi Banchongduang, Published on 10/08/2022
» Local major banks plan to hold their interest rates steady if the Bank of Thailand raises the policy rate on Wednesday, as they want to mitigate its impact on borrowers amid a gradual economic recovery.
BoT slashes its GDP forecast again
Business, Somruedi Banchongduang, Published on 06/05/2021
» The Bank of Thailand (BoT) slashed Thailand's economic growth forecast for 2021 on Wednesday for the second time this year to 1-2%, largely depending on the procurement and distribution of Covid-19 vaccines.
Former Unctad chief makes case for debt spending
Business, Somruedi Banchongduang, Published on 06/03/2021
» Thailand should implement fiscal stimulus to overcome the Covid-19 crisis, without being concerned about the possibility of the public debt-to-GDP ratio overshooting the 60% ceiling, says former UN Conference on Trade and Development secretary-general Supachai Panitchpakdi.
Pandemic strikes travel coverage
Business, Somruedi Banchongduang, Published on 09/09/2020
» Travel insurance premiums are poised to drop by 90% this year because of travel restrictions, says Cigna Thailand.
World Bank sees return to prior growth by 2022
Business, Somruedi Banchongduang, Published on 01/07/2020
» The World Bank flagged a warning that 8.3 million workers in Thailand could lose jobs or income from the coronavirus pandemic, but the Thai economy is estimated to bounce back to pre-pandemic level in the next two years as the country eases its coronavirus lockdown.
TBA puts losses from coronavirus at B1.3tn
Business, Somruedi Banchongduang, Published on 15/04/2020
» The economy could suffer a record blow of 1.3 trillion baht in damage from the spiralling spread of the coronavirus, according to preliminary estimates by the Thai Bankers' Association (TBA).
Krungsri lowers debt service ratio for middle class segment
Business, Somruedi Banchongduang, Published on 03/01/2020
» Krungsri Consumer, the unsecured loan unit under Bank of Ayudhya (BAY), has lowered the ceiling debt service ratio (DSR) for its borrowers with monthly income below 30,000 baht to 70% to brace for a subdued economic outlook.
World Bank cites risks to outlook
Business, Somruedi Banchongduang, Published on 09/07/2019
» Political uncertainty is a major risk sapping investor and consumer confidence and clouding the country's economic outlook, the World Bank says.