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Four Thai banks shutter branches in Laos as costs mount
Business, Somruedi Banchongduang, Published on 31/08/2023
» Four large Thai banks have decided to close their branches in Laos, mainly attributed to tighter regulations and higher regulatory costs while business activities declined.
BCG model expected to generate B1tn over five years
Business, Somruedi Banchongduang, Published on 13/05/2021
» The government's bio-circular-green economy (BCG) development scheme is expected to contribute 1 trillion baht to the gross domestic product (GDP) in four BCG business groups and increase the workforce by 3.5 million workers over the next five years, says Krungthai Compass, research house under Krungthai Bank (KTB).
Thai banks forecast at least 4% growth for 2018
Business, Somruedi Banchongduang, Published on 09/01/2018
» The research houses of two Thai banks have painted an upbeat picture for the country's economic growth in 2018, forecasting its pace will be at least 4%, underpinned by exports, domestic investment and tourism.