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Showing 1 - 10 of 19

BUSINESS

Firms wary of debt amid US tariff woes

Business, Somruedi Banchongduang, Published on 20/05/2025

» Companies have postponed the drawing down of new credit lines as they await clarity on US tariffs following the announcement of the 90-day suspension period, according to a Bank of Ayudhya (Krungsri) executive.

BUSINESS

KTC partnership to offer car title loans at post offices

Business, Somruedi Banchongduang, Published on 28/03/2025

» Krungthai Card (KTC), a non-bank subsidiary of Krungthai Bank, has teamed up with Thailand Post to offer car title loans at post offices. The partnership aims to generate 45 million baht in new loans over the next three months.

BUSINESS

Small firms get B60bn funding for sustainability

Business, Somruedi Banchongduang, Published on 27/03/2025

» Banks have provided financing worth up to 60 billion baht to small and medium-sized enterprises (SMEs) to support their transition to sustainability, according to the Bank of Thailand.

BUSINESS

SCB offers more overseas wealth options

Somruedi Banchongduang, Published on 27/02/2025

» Siam Commercial Bank (SCB) is increasing access to international wealth products for Thai investors, aiming to expand assets under management (AUM) in foreign currencies to 180 billion baht by 2026.

PROPERTY

Generation Rent

Business, Somruedi Banchongduang, Published on 02/12/2024

» Potential homebuyers from Gen Y and Z face significant obstacles to owning a home, with the primary one limited access to mortgages.

BUSINESS

BAM wants to be careful with bad asset purchases

Business, Somruedi Banchongduang, Published on 16/11/2024

» SET-listed Bangkok Commercial Asset Management (BAM) expects non-performing loans (NPLs) in the banking sector to increase next year, though the company will remain cautious with bad debt purchases given ongoing economic uncertainties.

THAILAND

BoT board boss pick delay

Somruedi Banchongduang, Published on 09/10/2024

» A committee organised to pick a new chairman of the board for the Bank of Thailand has postponed its selection until further notice amid concerns of possible political interference from several people, including former BoT governor Tarisa Watanagase.

BUSINESS

UOB waives cardholders' fees, interest

Business, Somruedi Banchongduang, Published on 15/06/2024

» UOB Thailand has waived interest and fees for credit cardholders affected by the bank's payment apportionment system.

BUSINESS

Improving the auto loan sector's standards

Business, Somruedi Banchongduang, Published on 26/08/2023

» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.

BUSINESS

Online voting registration heralded

Business, Somruedi Banchongduang, Published on 05/05/2023

» Allowing eligible citizens to register for online voting in the upcoming general election is a good start as Thailand shuffles towards e-government, according to advisors.