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BUSINESS

State banks enticing homebuyers

Business, Oranan Paweewun, Published on 09/12/2019

» Buying a home is the biggest purchase of most people's lives, and a mortgage the largest debt most will bear. Locking in cheap home loans can save money on interest payments over time and allow borrowers to spend less time paying off the debt.

BUSINESS

GSB seeks nod for mortgage measures

Business, Oranan Paweewun, Published on 06/06/2019

» Measures by Government Savings Bank (GSB) to ease mortgage requirements are scheduled to seek board approval on June 18 to comply with the government's policy to help homebuyers better access financial sources in the wake of the central bank's tighter regulations.

BUSINESS

Lending spigot still open despite LTV curbs

Business, Oranan Paweewun, Published on 25/05/2019

» Commercial banks' mortgage lending showed signs of slowing down in April after new loan-to-value (LTV) curbs took effect, but net loans in overall categories continued to grow for a third straight month, says Kasikorn Research Center (K-Research).

BUSINESS

Small deposits add up

Business, Oranan Paweewun, Published on 22/04/2019

» The US Federal Reserve's dovish signal of the end of the current rate hike cycle, a slackening of momentum for Thailand's economic growth amid risks from the global economic slowdown and domestic political instability, and the liquidity surplus in the local financial system suggest that low interest rates will persist for an extended period.

BUSINESS

Ensuring a comfortable nest egg

Business, Oranan Paweewun, Published on 11/03/2019

» Most retirees rely on savings accumulated over their working life, but longer life expectancy and higher costs of living could fan fears that the nest egg will come up short.

THAILAND

First new banknotes featuring King out on Chakri Day

Oranan Paweewun, Published on 09/03/2018

» The first series of circulating banknotes to be printed during the reign of His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun will debut with three denominations on Chakri Memorial Day, April 6.