Showing 1 - 10 of 26
Energy price spike threatens global economic recovery
Somruedi Banchongduang, Published on 09/03/2026
» Global oil prices have entered a “danger zone” after surging to around US$110 per barrel following reports that an Iranian oil storage facility had been struck, warned Bangkok Bank’s (BBL) chief economist.
Bangkok Bank, MIT aid SMEs and farmers
Business, Somruedi Banchongduang, Published on 03/11/2025
» Bangkok Bank (BBL) is partnering with the Massachusetts Institute of Technology (MIT), a well-known educational institution, to bring the power of artificial intelligence (AI) and digital innovation to Thai small and medium-sized enterprises (SMEs) and the agricultural sector.
BoT vows steady forex
Business, Somruedi Banchongduang, Published on 01/03/2023
» The Bank of Thailand vows to closely monitor baht volatility to maintain the competitiveness of the country's imports and exports amid an economic recovery.
Central bank mulls extending SME loan
Business, Somruedi Banchongduang, Published on 21/02/2023
» The Bank of Thailand is considering whether to extend the transformation loan facility supporting small and medium-sized enterprises (SMEs) hit by the pandemic with a view to improving their operations over the longer term.
Speculation bumps up baht
Business, Somruedi Banchongduang, Published on 12/11/2022
» The baht surged to its strongest level in almost three months on Friday after China eased some of its quarantine rules for travellers and speculation the United States Federal Reserve would be less aggressive with its rate hikes.
PromptBiz targets SME digital payments
Business, Somruedi Banchongduang, Published on 30/08/2022
» National ITMX Co (NITMX), a digital payment infrastructure system developer, has created PromptBiz, a digital payment infrastructure system for the business sector, as part of its upgrade of Thailand's digital payment systems.
CIMBT expects conflict to dent GDP growth prospects
Business, Somruedi Banchongduang, Published on 08/04/2022
» The Thai economy is expected to continue to rebound in the second quarter amid inflationary pressure, but the growth rate for the full year will be lower than previously forecast because of the Russia-Ukraine war, says a CIMB Thai Bank (CIMBT) economist.
BoT expects uptick in demand for lending
Business, Somruedi Banchongduang, Published on 22/02/2022
» The Bank of Thailand (BoT) expects that the picking up trend of the Thai economy will support economic activities and loan demand this year.
Forecast cut for foreign arrivals
Business, Somruedi Banchongduang, Published on 23/12/2021
» The Bank of Thailand has cut its forecast for foreign tourist arrivals in 2022 because of the impact of the Omicron variant and government measures to restore mandatory quarantine for visitors entering the country from overseas.
BoT cuts 2021 GDP rise to 0.7%
Business, Somruedi Banchongduang, Published on 05/08/2021
» The Bank of Thailand (BoT) has slashed its economic growth projection for this year again to 0.7% as the third wave of Covid-19 has had a more severe impact on the country's economy since the central bank conducted its earlier projection.