Showing 1 - 10 of 58
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.
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%.
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.
BoT clamps down on mule accounts
Business, Somruedi Banchongduang, Published on 31/01/2025
» The Bank of Thailand is tightening rules for financial transactions to control mule accounts and plans to extend stricter measures to include digital assets and e-wallets in the next phase.
AI expected to enhance SCB Easy app
Business, Somruedi Banchongduang, Published on 29/01/2025
» Siam Commercial Bank (SCB) is focused on strengthening the capabilities of its SCB Easy mobile banking app as it seeks to drive up income generated through its digital platform.
Thai household debt climbs to 104% of GDP
Business, Somruedi Banchongduang, Published on 09/01/2025
» Thailand's household debt including informal loans has reached 104% of gross domestic product (GDP), which is expected to pressure economic growth, according to a report released by a private sector panel.
Virtual bank competition heats up
Business, Somruedi Banchongduang, Published on 18/09/2024
» Competition for the new virtual bank licences has intensified, with five business groups expressing interest in applying.
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.