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Search Result for “severe floods”

Showing 1 - 10 of 47

BUSINESS

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.

BUSINESS

Panel puts flood income loss at B30bn this month

Business, Somruedi Banchongduang, Published on 04/12/2025

» The private sector estimates the deadly floods in the South have caused income losses of 20-30 billion baht, weighing on GDP growth in the final quarter of this year.

BUSINESS

Innocent victims of the mule crackdown

Business, Somruedi Banchongduang, Published on 22/09/2025

» In recent days, public complaints have surged over the suspension of money transfers and payments via digital platforms, largely linked to authorities' crackdown on mule accounts.

PROPERTY

Real estate price war on the horizon

Business, Somruedi Banchongduang, Published on 13/08/2025

» The slowdown in the real estate sector is expected to trigger a price war in the property market and dampen the purchasing power of upper-income homebuyers.

BUSINESS

Baht poised to weaken further

Business, Somruedi Banchongduang, Published on 14/05/2025

» The baht is expected to depreciate to around 33.80 against the US dollar this week, driven by a firmer greenback following the temporary pause in the US-China tariff war.

BUSINESS

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).

BUSINESS

Banks post marginal profit growth in Q1

Business, Somruedi Banchongduang, Published on 22/04/2025

» The banking industry reported marginal growth in net profit for the first quarter of 2025, primarily due to lower net interest income (NII), aligning with a contraction in loans.

BUSINESS

Banks post modest increase in profits

Business, Somruedi Banchongduang, Published on 22/10/2024

» The banking sector reported a modest increase in profits for the first nine months of 2024, driven by gains in both interest and fee income, while continuing to allocate substantial reserves for loan losses in preparation for heightened uncertainties.

PROPERTY

Mortgage bad-debt rate climbs

Somruedi Banchongduang, Published on 27/08/2024

» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.

BUSINESS

Escaping the debt cycle

Business, Somruedi Banchongduang, Published on 15/07/2024

» A 25-year-old woman's struggles with debt of 307,000 baht went viral on social media recently when she asked for advice on how to manage what she owed. She earns 22,000 baht per month, with 6,000 baht going towards rent and 3,000 baht monthly for motorcycle loan payments.