Showing 1 - 10 of 21
Moody's upgrades ratings for 7 financial institutions
Business, Somruedi Banchongduang, Published on 24/04/2026
» Moody's Ratings has affirmed the ratings of seven Thai financial institutions and revised their outlooks to stable from negative, following an improvement in Thailand's sovereign outlook.
Crude prices test GDP, inflation goals
Business, Somruedi Banchongduang, Published on 27/03/2026
» The government is advised to adopt a managed float approach to deal with energy prices amid expectations that domestic diesel prices could reach 60 baht per litre.
Mideast conflict threatens Thai growth
Business, Somruedi Banchongduang, Published on 21/03/2026
» The Bank of Thailand is warning the war in the Middle East could weigh on Thailand's economy across multiple fronts, potentially dragging GDP growth below its 2% forecast for this year.
The effort to clamp down on scams
Business, Somruedi Banchongduang, Published on 19/09/2024
» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.
Older banknotes pushed for occasions
Business, Somruedi Banchongduang, Published on 25/06/2024
» The Bank of Thailand has requested consumers use banknotes that are already in circulation to mark special occasions rather than demanding newly printed ones to allow for the longer time frame that banknotes are now in circulation.
Coalition delays seen as threat to growth
Business, Somruedi Banchongduang, Published on 08/06/2023
» The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.
Higher prices won't affect the macro economy: BoT
Business, Somruedi Banchongduang, Published on 12/01/2022
» The Bank of Thailand is concerned with higher prices for living costs, but not in terms of overall price stability, says the central bank governor.
Listed banks post net profit decline of 23% for 2020
Business, Somruedi Banchongduang, Published on 22/01/2021
» Large SET-listed commercial banks posted a decline of more than 23% in net profits last year, mainly attributed to allocation of higher amounts of expected credit losses (ECLs) to cushion against rising uncertainties amid the pandemic crisis.
Banking trio announce uneven Q1 results
Business, Somruedi Banchongduang, Published on 21/04/2020
» The unaudited consolidated net profit of three commercial banks -- Siam Commercial Bank (SCB), TMB Bank and Tisco Financial Group -- were mixed for the first quarter, with most recording a bad loan uptick, while SCB's chief warned Covid-19 impacts will be apparent in future quarters.
TBA puts losses from coronavirus at B1.3tn
Business, Somruedi Banchongduang, Published on 15/04/2020
» The economy could suffer a record blow of 1.3 trillion baht in damage from the spiralling spread of the coronavirus, according to preliminary estimates by the Thai Bankers' Association (TBA).