Showing 1 - 10 of 75
New SCB chief likely to move over from card division
Business, Somruedi Banchongduang, Published on 13/01/2026
» SCB X Group, a financial technology conglomerate and holding company of Siam Commercial Bank (SCB), looks set to appoint the head of Card X as SCB's next top executive as the group prepares for broad management changes.
KBank offers unusual early retirement scheme
Business, Somruedi Banchongduang, Published on 25/08/2025
» Driven by the impact of artificial intelligence (AI) disruption, Kasikornbank (KBank) has introduced a special early retirement (ER) programme for employees aged 45 and older, with several other banks reportedly offering similar initiatives.
Thai growth projections upgraded on lower US tariffs
Somruedi Banchongduang, Published on 06/08/2025
» The local private sector has increased its forecast for Thai GDP growth this year to 1.8-2.2%, rising from an estimate of 1.5-2% following the recent US decision to reduce tariffs on imports from Thailand from 36% to 19%.
Bank of Thailand to supervise loans for hire purchase, leasing
Somruedi Banchongduang, Published on 12/06/2025
» The Bank of Thailand (BoT) may take over the regulation of fees and interest rates for auto hire-purchase and leasing loans, replacing the Office of the Consumer Protection Board (OCPB) under a new law.
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.
Kobsak wants focus on autos, farming
Business, Somruedi Banchongduang, Published on 09/04/2025
» The automotive and agricultural sectors are crucial areas requiring negotiation with the US to address the reciprocal tariffs imposed on Thai imports, says Kobsak Pootrakul, director and senior executive vice-president of Bangkok Bank.
LTV ratio rejig offers promise
Business, Somruedi Banchongduang, Published on 11/03/2025
» Amid slower economic growth, the expected easing of the loan-to-value (LTV) ratio is likely to provide limited support for mortgage loans, says the Housing Finance Association.
De Forest taps southern culinary prowess
Business, Somruedi Banchongduang, Published on 10/03/2025
» Given the many challenges faced by Thai small and medium-sized enterprises (SMEs), business adaptation is key to survival.
Local bank loans shrink the most in 15 years
Business, Somruedi Banchongduang, Published on 19/02/2025
» The banking industry recorded its highest level of loan contraction in 15 years in 2024, driven by tighter loan approvals amid borrowers' weaker debt repayment ability, according to an executive at the Bank of Thailand.
Auto industry on thin ice
Business, Somruedi Banchongduang, Published on 04/01/2025
» The Bank of Thailand has expressed concerns about the uncertainty surrounding new car sales in Thailand this year and the increasing challenges facing the country's automotive industry in the medium term.