Showing 1 - 10 of 27
Banker slams parties' household debt vows
Business, Somruedi Banchongduang, Published on 09/02/2026
» As political parties compete to offer quick relief for struggling households, a leading Thai banker warns the country's debt crisis cannot be resolved with tax revenues or government spending alone.
Reform effort urged for incoming administration
Business, Somruedi Banchongduang, Published on 16/01/2026
» The new government is being advised to step up efforts to pursue economic reforms, with a primary focus on the tourism, agriculture and industrial sectors, or risk economic growth of only 1–2% a year, economists say.
Bangkok Bank, MIT aid SMEs and farmers
Business, Somruedi Banchongduang, Published on 03/11/2025
» Bangkok Bank (BBL) is partnering with the Massachusetts Institute of Technology (MIT), a well-known educational institution, to bring the power of artificial intelligence (AI) and digital innovation to Thai small and medium-sized enterprises (SMEs) and the agricultural sector.
World Bank upbeat on poverty reduction outlook
Business, Somruedi Banchongduang, Published on 24/02/2025
» The World Bank expects Thailand's poverty rate to continue declining this year, supported by ongoing economic recovery and the government's cash transfer programmes.
Kiatnakin Phatra Research: Potential growth rate below 2%
Business, Somruedi Banchongduang, Published on 23/07/2024
» Kiatnakin Phatra Research (KKP Research) forecasts that Thailand's potential economic growth rate will be below 2% for the next five years due to weaker productivity and competitiveness.
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.
Ttb plans to offer debt solution platform in 2024
Business, Somruedi Banchongduang, Published on 19/12/2023
» TMBThanachart Bank (ttb) plans to implement a debt solution platform to strengthen customers' debt repayment ability, providing better access to funding sources.
Thailand faces 20 years of low growth
Business, Somruedi Banchongduang, Published on 16/12/2023
» The World Bank expects Thailand's potential growth to be the lowest among Asean economies over the next 20 years because of the country's ageing demographics and a slowdown in private investment.
Panel calls for Pao Tang app for stimulus money
Business, Somruedi Banchongduang, Published on 02/11/2023
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) supports the government using the Pao Tang app for the 10,000-baht digital wallet scheme.
World Bank cuts Thai growth to 3.4%
Business, Somruedi Banchongduang, Published on 03/10/2023
» The World Bank trimmed Thailand's economic growth forecast for this year and 2024 based on anticipation the country's exports would contract due to easing global demand. Tourism and private consumption are the key fuel driving economic growth.