Showing 1 - 9 of 9
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.
KFin plans to sink B520m into startups
Business, Somruedi Banchongduang, Published on 13/03/2025
» Krungsri Finnovate (KFin), the corporate venture capital arm of Krungsri (Bank of Ayudhya), plans to invest around 520 million baht in tech startups both locally and across the region this year.
Central bank allays NPL concerns
Business, Somruedi Banchongduang, Published on 01/07/2020
» The banking industry's bad loans are seen climbing higher for the remaining period of the year, but the central bank is giving assurances that commercial banks' capital buffer is strong enough to tolerate rising non-performing loans (NPLs) if the economy shrinks 8.1% this year.
BoT: Baht gain up for discussion
Business, Somruedi Banchongduang, Published on 04/06/2020
» The Bank of Thailand has summoned foreign exchange dealers to meet on Thursday to discuss the baht's rapid gain, which it does not consider to be in line with the country's fragile economy.
BoT warns of GDP growth below 1%
Business, Somruedi Banchongduang, Published on 29/02/2020
» The Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official.
TBA unveils package for operators hit by triple whammy
Business, Somruedi Banchongduang, Published on 26/02/2020
» The Thai Bankers' Association (TBA) has come up with a comprehensive assistance package that includes a grace period for principal loan payment with a maximum of one year for tourism operators, exporters, importers, supply chain operators and individuals affected by the coronavirus epidemic and the country's flagging economy.
Krungsri Research lowers growth to 1.5%
Business, Somruedi Banchongduang, Published on 25/02/2020
» Bank of Ayudhya's (BAY) research house Krungsri Research has lowered its forecast for economic growth this year to 1.5% from 2.5% because of the damage from the Covid-19 outbreak, the delayed fiscal budget and the drought.
MPC minutes outline possible weakness in financial system
Business, Somruedi Banchongduang, Published on 20/02/2020
» The poorer debt serviceability seen earlier among small businesses is spilling over to medium-sized enterprises, suggesting more vulnerabilities in the financial system, according to the Monetary Policy Committee (MPC) meeting minutes from earlier this month.
KBank steps in with B4.6bn buyback as shares sink
Business, Somruedi Banchongduang, Published on 31/01/2020
» Kasikornbank (KBank) has launched a hefty 4.6-billion-baht share buyback to shore up share prices that have slid more than 10% in less than a month.