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Search Result for “reduction”

Showing 1 - 10 of 102

BUSINESS

Bangkok Commercial Asset Management proposes adding small firms to debt relief scheme

Business, Somruedi Banchongduang, Published on 21/01/2026

» Bangkok Commercial Asset Management Plc (BAM) has proposed the Bank of Thailand expand the "Clear Debt, Move Forward" scheme to cover the non-performing loans (NPLs) of small and medium-sized enterprises (SMEs), leveraging a mechanism of private asset management companies to manage the debt.

BUSINESS

Finance summit thrusts Thailand onto global stage

Business, Somruedi Banchongduang, Published on 24/12/2025

» Thailand is gearing up to host the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, one of the world's most influential gatherings on international economic and financial cooperation, in October for the first time in 35 years.

BUSINESS

BoT nudges banks to enlarge lending efforts

Business, Somruedi Banchongduang, Published on 20/12/2025

» As it adopts monetary policy easing, the Bank of Thailand is urging banks to expand lending to support the economy.

SUSTAINABILITY

Low-carbon economy looms

Business, Somruedi Banchongduang, Published on 17/11/2025

» Thailand's carbon-intensive industries are under growing pressure to fast-track their green transition after the new government announced an ambitious plan to accelerate the country's net zero goal by 15 years, from 2065 to 2050.

BUSINESS

CIMBT targets higher bancassurance revenue

Business, Somruedi Banchongduang, Published on 05/11/2025

» CIMB Thai Bank (CIMBT) wants to strengthen its bancassurance business to support fee-based income, offsetting sluggish loan growth.

BUSINESS

KBank bullish on cutting employee costs

Business, Somruedi Banchongduang, Published on 15/10/2025

» Kasikornbank (KBank) has successfully implemented its early retirement (ER) programme and aims to reduce employee costs by 10-20% over five years as it increasingly adopts artificial intelligence (AI).

BUSINESS

Panel expected to maintain policy rate

Business, Somruedi Banchongduang, Published on 07/10/2025

» Economists expect the Bank of Thailand to keep its policy rate unchanged at Wednesday's meeting, as the central bank awaits clearer economic data and allows time for its new governor to settle in.

BUSINESS

Unsecured loan sector projected to remain flat

Business, Somruedi Banchongduang, Published on 20/08/2025

» The unsecured loan sector is expected to record flat growth this year, in line with economic conditions and weaker consumer confidence.

BUSINESS

Economists split over BoT rate decision

Business, Somruedi Banchongduang, Published on 11/08/2025

» Following the reduction of the US reciprocal tariff rate on Thai exports, economists are divided over the Bank of Thailand's policy rate decision at the Monetary Policy Committee (MPC) meeting scheduled for Wednesday.

BUSINESS

Thai growth projections upgraded on lower US tariffs

Somruedi Banchongduang, Published on 06/08/2025

» The local private sector has increased its forecast for Thai GDP growth this year to 1.8-2.2%, rising from an estimate of 1.5-2% following the recent US decision to reduce tariffs on imports from Thailand from 36% to 19%.