Showing 1 - 10 of 28
Fitch says durable coalition crucial to fiscal outlook
Business, Somruedi Banchongduang, Published on 12/02/2026
» A durable coalition will be critical to Thailand's post-election fiscal outlook and would help reduce the risk of a sovereign rating downgrade, says Fitch Ratings.
SCB X plans to harness AI for virtual bank
Business, Somruedi Banchongduang, Published on 29/07/2025
» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.
Baht expected to dip to 35 by mid-year
Business, Somruedi Banchongduang, Published on 25/02/2025
» Standard Chartered Bank (Thai) forecasts the baht will weaken to around 35 per greenback by mid-2025, driven by escalating trade tensions.
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.
KBank keeps vow to customers
Business, Somruedi Banchongduang, Published on 28/09/2024
» Despite abundant challenges, Kasikornbank (KBank), Thailand's third-largest lender by total assets, remains committed to supporting vulnerable clients in managing their debt throughout the lifetime of their loans.
Government Pension Fund being more selective about investment
Business, Somruedi Banchongduang, Published on 16/07/2024
» The Government Pension Fund (GPF) has raised concerns about portfolio investments in consumer loan-related businesses due to heightened credit risk within the financial sector.
Fitch downgrades based on financial leverage
Business, Somruedi Banchongduang, Published on 11/07/2024
» Fitch Ratings Thailand downgraded three large local companies in the first half of this year based on their weakened ability to repay debt, attributed to increased financial leverage.
Fitch slashes assessment for banking sector to neutral
Business, Somruedi Banchongduang, Published on 21/06/2024
» Fitch Ratings has downgraded the outlook for the Thai banking sector to neutral from improving, citing a subdued pace of economic recovery that is likely to constrain earnings growth.
Economists expect vote for rate cut
Business, Somruedi Banchongduang, Published on 09/04/2024
» Economists anticipate the Bank of Thailand will opt to lower its policy rate on Wednesday, giving a short-term boost to the country's economy, which has been hindered by delays in budget disbursement.
Thai banks told to focus on tech as returns wane
Business, Somruedi Banchongduang, Published on 03/04/2024
» Thai banks are being urged to ramp up their technology transformation efforts to enhance their income after a study found they had the lowest return on equity (ROE) ratio in the region, despite maintaining strong competitiveness compared with their regional peers.