Showing 1 - 10 of 65
Industrial decline forcing Thais into service jobs
Somruedi Banchongduang, Published on 08/01/2026
» The Bank of Thailand (BoT) has expressed concern over the weakening income outlook in the labour market, as an industrial slowdown continues to push workers into the service sector.
Structural reforms key to solving debt, say bankers
Business, Somruedi Banchongduang, Published on 27/08/2025
» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.
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).
Thailand faces stronger economic headwinds
Somruedi Banchongduang, Published on 04/04/2025
» Increasing economic headwinds are expected to drag down gross domestic product growth in Thailand to between 1.2% and 1.4% this year, while the Bank of Thailand is expected to cut its policy interest rate to 1.25% by next year from 2% now, according to local research houses.
Regional banking boost for Krungsri
Business, Somruedi Banchongduang, Published on 04/03/2025
» Krungsri (Bank of Ayudhya) reported its regional banking business accounted for 20% of total revenue, primarily attributed to high-yield loan products.
Investment inflows set to hit record high
Business, Somruedi Banchongduang, Published on 20/02/2025
» Thailand's investment applications are expected to reach a record high in 2025 for the second year in a row, fuelled by strong foreign direct investment (FDI) amid escalating US-China trade tensions, according to Krungthai Compass, a research centre under Krungthai Bank.
Bangkok Bank targets SE Asia for growth
Business, Somruedi Banchongduang, Published on 30/01/2025
» Bangkok Bank (BBL) is focusing on four high-growth economies in Southeast Asia to drive its international banking business this year.
Citi Thailand projects 3.2% GDP growth
Somruedi Banchongduang, Published on 20/12/2024
» Citi Thailand is upbeat about the local economy in 2025, fuelled by domestic investments from both the public and private sectors, with tourism remaining a key driver of growth.
Driving regional growth: UOB’s vision for Thailand
Business, Somruedi Banchongduang, Published on 11/12/2024
» UOB Thailand is poised to support business clients with their regional expansion, capitalising on Southeast Asia’s growth potential, while also helping Thai individuals access financial services more effectively amidst growing household debt.
Central bank head decries influx of Chinese goods
Business, Somruedi Banchongduang, Published on 04/12/2024
» The influx of Chinese goods has significantly affected Thailand's manufacturing growth and constrained loan expansion in the banking sector, says the Bank of Thailand's chief.