Showing 1 - 9 of 9
Households tapping solar power
Business, Somruedi Banchongduang, Published on 03/03/2025
» Thailand is transitioning towards a green economy, and individuals can play an active role in this shift.
BoT okays 3 virtual bank licences
Somruedi Banchongduang, Published on 20/07/2023
» The Bank of Thailand has decided to grant only three virtual bank licences initially, saying the number is suitable to ensure stability of the local financial market and protect depositors from risk associated with new businesses.
SCB ramps up growth outlook to 3.9%
Business, Somruedi Banchongduang, Published on 18/03/2023
» SCB Economic Intelligence Center (EIC), the research arm of Siam Commercial Bank, has upgraded its Thai economic growth forecast for 2023 to 3.9% from 3.4% because local and global economic trends are better than expected.
Venture capital cautious following SVB collapse
Business, Somruedi Banchongduang, Published on 15/03/2023
» Local venture capital (VC) firms have raised their guard against investment in fintech and startups following the Silicon Valley Bank (SVB) fallout in the US.
Baht surges amid US bank collapse
Business, Somruedi Banchongduang, Published on 14/03/2023
» The baht on Monday surged against a significant fall in the US dollar mainly due to the sudden collapse of Silicon Valley Bank (SVB) and the market's expectation that the US Federal Reserve (Fed) would slow down its policy rate hikes.
KBank, Huawei unite for loan offer
Business, Somruedi Banchongduang, Published on 19/05/2022
» Kasikornbank (KBank) is joining hands with Huawei Technologies Thailand to offer a new green loan product for solar panel installations, with a lending target of 5 billion baht this year.
BoT licenses joint ventures to handle banks' bad debts
Business, Somruedi Banchongduang, Published on 28/01/2022
» The Bank of Thailand announced conditions to establish a joint venture asset management company (JV AMC) to support financial institutions managing bad debt for the long term as the pandemic persists.
DPA pursues BoT nod to process e-wallet refunds
Business, Somruedi Banchongduang, Published on 05/08/2019
» The Deposit Protection Agency (DPA) is seeking the Bank of Thailand's permission to get involved in the money refund process from e-wallet operators with an aim of facilitating convenience for service users.
Like father, like son? Only to a degree.
Business, Somruedi Banchongduang, Published on 13/10/2018
» The adage "a chip off the old block" holds true for Benjarong Suwankiri, an economist like his father, though the elder man is better known in political life.