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Showing 1 - 10 of 24

BUSINESS

World Bank calls for rejig of growth model

Business, Somruedi Banchongduang, Published on 06/02/2026

» Thailand should use the global spotlight from hosting the IMF-World Bank Annual Meetings in October this year to reposition its economic growth model, according to a senior World Bank official.

BUSINESS

Central bank anticipates growing uncertainty

Business, Somruedi Banchongduang, Published on 08/01/2026

» The Bank of Thailand expects the recent US military operation in Venezuela to heighten global uncertainty in three areas -- military, trade and finance -- this year and next.

BUSINESS

Household debt to limit bank growth

Business, Somruedi Banchongduang, Published on 07/01/2026

» Thailand's elevated household debt is set to remain a key constraint on banking sector expansion in 2026, even as major domestic banks continue to target positive loan growth to support economic momentum.

BUSINESS

Bureau seeks to bring asset management companies into credit system

Business, Somruedi Banchongduang, Published on 18/11/2025

» The National Credit Bureau (NCB) is in discussions with relevant parties to bring asset management companies (AMCs) into the credit bureau system.

BUSINESS

Virtual banks to bolster financial inclusion

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

» Virtual banks are 10 times more likely to reach untapped retail customers than traditional banks, improving the country's rate of financial inclusion, say new industry players.

BUSINESS

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.

BUSINESS

Line BK targets double-digit loan gain

Business, Somruedi Banchongduang, Published on 13/02/2025

» Line BK, a social banking platform under Kasikornbank (KBank), aims for double-digit loan growth this year, supported by enhanced technological capabilities amid sluggish economic growth.

BUSINESS

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.

BUSINESS

Politics plays a role in baht drift

Business, Somruedi Banchongduang, Published on 17/08/2023

» Prolonged political uncertainty is exacerbating baht volatility against the dollar as Thailand still has not formed a new government, says the head of the Bank of Thailand.

BUSINESS

KBank spins off investment business

Somruedi Banchongduang, Published on 03/08/2023

» Kasikornbank (KBank) is spinning off its investment business to a new entity with the aim of making profits of 5 billion baht over the next three years, paving the way for new S-curve business in the long run.