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BUSINESS

Growth to hit new depths

Somruedi Banchongduang, Published on 29/01/2026

» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.

BUSINESS

Banks step up monitoring of grey money

Business, Somruedi Banchongduang, Published on 06/11/2025

» Banks pledge to maintain stringent monitoring and investigations of grey money transactions, in compliance with the Bank of Thailand's heightened measures.

THAILAND

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.

BUSINESS

New Bank of Thailand chief pledges more help for household debtors

Somruedi Banchongduang, Published on 10/10/2025

» The new governor of the Bank of Thailand has vowed to focus more on targeted measures alongside monetary policy to deliver tangible results and provide meaningful support to the public.

BUSINESS

BoT forecasts 0.2% bump from stimulus package

Business, Somruedi Banchongduang, Published on 01/10/2025

» The Bank of Thailand estimates the government's 66-billion-baht stimulus package will contribute roughly 0.2% to GDP growth.

BUSINESS

Earthquake set to worsen tourism market

Business, Somruedi Banchongduang, Published on 01/04/2025

» The Bank of Thailand believes the earthquake will further slow the already sluggish recovery of the property sector and impact foreign tourist arrivals.

BUSINESS

IMF supports BoT's rate reductions

Business, Somruedi Banchongduang, Published on 22/02/2025

» The International Monetary Fund (IMF) backs the Bank of Thailand cutting interest rates to stimulate inflation and increase the capacity of borrowers to repay debt.

BUSINESS

KBank to transfer B60bn of bad loans

Business, Somruedi Banchongduang, Published on 01/02/2025

» Kasikornbank (KBank) plans to transfer bad assets worth around 60 billion baht to its new joint venture asset management company (JV-AMC) by 2026, reducing the bank's non-performing loans (NPLs).

BUSINESS

Listed banks post 7% net profit growth last year

Business, Somruedi Banchongduang, Published on 23/01/2025

» The banking industry reported softer net profit growth of 7% in 2024, reflecting the country's economic conditions.

BUSINESS

Banking income dented by debt aid

Business, Somruedi Banchongduang, Published on 14/12/2024

» The government's recently unveiled debt relief scheme is expected to reduce interest income for the banking industry, but should improve asset quality in the long term, say analysts.