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Search Result for “severely”

Showing 1 - 10 of 13

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

The value of a financial plan

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

» In recent months, Thais have faced a series of unsettling events. While the country awaits the impact of US tariffs, rising tensions along the Thai-Cambodian border add to the growing sense of unease.

BUSINESS

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.

BUSINESS

Thailand faces stronger economic headwinds

Somruedi Banchongduang, Published on 04/04/2025

» Increasing economic headwinds are expected to drag down gross domestic product growth in Thailand to between 1.2% and 1.4% this year, while the Bank of Thailand is expected to cut its policy interest rate to 1.25% by next year from 2% now, according to local research houses.

BUSINESS

Thai borrowers top global rankings for greatest fragility

Somruedi Banchongduang, Published on 19/02/2024

» Thailand ranks top in terms of fragile borrowers compared with other countries, and is seeking debt assistance measures from the Bank of Thailand.

BUSINESS

BoT governor hints at recovery in early 2023

Business, Somruedi Banchongduang, Published on 10/12/2021

» Thailand's economy could return to levels logged before the pandemic in the first quarter of 2023, according to the Bank of Thailand governor.

BUSINESS

SCB EIC sees recovery in mid-2023

Business, Somruedi Banchongduang, Published on 16/09/2021

» SCB Economic Intelligence Center (SCB EIC), the research house of Siam Commercial Bank (SCB), has forecast Thailand's economic recovery would be delayed until mid-2023 because of the impact of the prolonged pandemic.

BUSINESS

Fitch predicts banks to face challenging times ahead

Business, Somruedi Banchongduang, Published on 18/03/2021

» Fitch Ratings Thailand forecasts Thai commercial banks' profitability to be restricted for the next few years, given the country's slow pace of economic recovery from the impact of the Covid-19 pandemic.

BUSINESS

BoT: New wave less of a hit

Business, Somruedi Banchongduang, Published on 26/02/2021

» Thailand's economic conditions last month were affected by the new round of Covid-19, with the pace of economic recovery becoming more uneven, though the impact was smaller than the first wave, says the Bank of Thailand.

LEARNING

BoT warns of tourism meltdown

Somruedi Banchongduang, Published on 01/09/2020

» Thailand's tourism industry will face greater risks next year if the government continues to restrict foreign travellers from entering the country, says the Bank of Thailand.