Showing 1 - 10 of 25
Banker slams parties' household debt vows
Business, Somruedi Banchongduang, Published on 09/02/2026
» As political parties compete to offer quick relief for struggling households, a leading Thai banker warns the country's debt crisis cannot be resolved with tax revenues or government spending alone.
Growth to hit new depths
Somruedi Banchongduang, Published on 29/01/2026
» Thailand's economic growth this year is set to sink to a decade-long low, excluding the Covid-19 shock, as deep-seated structural problems, corruption and grey capital continue to weigh on the economy, Bank of Thailand governor Vitai Ratanakorn has warned.
Reform effort urged for incoming administration
Business, Somruedi Banchongduang, Published on 16/01/2026
» The new government is being advised to step up efforts to pursue economic reforms, with a primary focus on the tourism, agriculture and industrial sectors, or risk economic growth of only 1–2% a year, economists say.
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.
Bank chief calls for economic reform
Business, Somruedi Banchongduang, Published on 06/09/2025
» Piti Tantakasem, chief executive at TMBThanachart Bank (ttb), has urged structural economic reform to enable the country to withstand persistent political instability.
Structural reforms key to solving debt, say bankers
Business, Somruedi Banchongduang, Published on 27/08/2025
» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.
Mitsubishi UFJ Financial urges reform of Thai industry
Business, Somruedi Banchongduang, Published on 07/08/2025
» Mitsubishi UFJ Financial Group (MUFG), a major shareholder in Bank of Ayudhya (Krungsri), views manufacturing reform in Thailand as more critical than US tariff changes in attracting foreign direct investment (FDI).
Bankers' association pushes formal economy to the fore
Business, Somruedi Banchongduang, Published on 16/07/2025
» The use of public policy to support the economy should primarily focus on the formal economy and Thai labour, according to Payong Srivanich, chairman of the Thai Bankers' Association (TBA).
BoT warns of long path to recovery
Business, Somruedi Banchongduang, Published on 13/05/2025
» Structural problems are a key concern undermining Thailand's future growth potential, Bank of Thailand governor Sethaput Suthiwartnarueput has warned in a harrowing forecast of the country's economic future.
Tariff hikes to have far-reaching hit: Bank of Thailand
News, Somruedi Banchongduang, Published on 10/05/2025
» The United States' tariff hikes are expected to have a prolonged and uncertain impact on Thailand's economy, particularly in key export-oriented sectors, according to the Bank of Thailand (BoT).