Showing 1 - 9 of 9
World Bank downgrades Thai growth
Business, Somruedi Banchongduang, Published on 04/07/2025
» The World Bank has reduced Thailand's economic growth forecast to 1.8% for this year and 1.7% for 2026, citing mounting global and domestic challenges.
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.
NDID bullish on outlook for identity verification
Business, Somruedi Banchongduang, Published on 21/05/2022
» National Digital ID Co (NDID), a firm that provides digital identity verification, believes the adoption of its service will expand as more Thais become familiar with digital innovation, chief executive Boonsun Prasitsumrit told the Bangkok Post in an exclusive interview.
StanChart sees no rate hike until 2023
Business, Somruedi Banchongduang, Published on 09/04/2022
» Standard Chartered Bank (Thai) expects the Bank of Thailand to start taking a hawkish stance on the policy rate in June, though an actual rate hike might have to wait until the second half of next year.
PIER: Declining unity may hit growth
Business, Somruedi Banchongduang, Published on 15/10/2021
» The Bank of Thailand's Puey Ungphakorn Institution for Economic Research (PIER) believes the country's differences of opinion could have an effect on future Thai economic growth as people's trust in one another declined over a 10-year period.
Banks mull novel debt ratio rule
Business, Somruedi Banchongduang, Published on 28/01/2019
» Commercial banks are expected to finalise a single standard for debt service ratio (DSR) in the first half of this year, as required by the Bank of Thailand, as a tool for controlling risk and reducing the household debt that is at a stubbornly high level.
SCB hikes SME loan top rate
Business, Somruedi Banchongduang, Published on 19/01/2019
» Siam Commercial Bank (SCB) has widened the ceiling rate on commercial loans to small business operators to 28% in a move to prepare for expanding to digital lending.
Listed banks see Q3 net profit rise
Business, Somruedi Banchongduang, Published on 20/10/2018
» Eleven SET-listed commercial banks delivered a 14.7% year-on-year increase in unreviewed aggregated net profit for the three months through September, largely boosted by lower loan-loss provisions, higher net interest income and TMB Bank's one-time gain of 11.8 billion baht from the divestment of a 65% stake in its asset management subsidiary.
BAY puts Vietnam plans on back burner
Business, Somruedi Banchongduang, Published on 21/05/2018
» SET-listed Bank of Ayudhya (BAY) has put off exploring business opportunities in Vietnam after facing several hurdles, particularly the high costs of mergers and acquisitions (M&A).