Showing 1 - 10 of 10
BoT schemes to cover 1.7m SMEs
Business, Oranan Paweewun, Published on 08/04/2020
» About 1.7 million small and medium-sized enterprises (SMEs) with total loans outstanding of 2.4 trillion baht are eligible to participate in the Bank of Thailand's six-month deferment period on principal and interest and a 500-billion-baht soft loan scheme, says the central bank's chief.
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.
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).
Central bank's net loss shrank to B154bn in 2018
Business, Oranan Paweewun, Published on 26/04/2019
» The Bank of Thailand's net loss narrowed to 154 billion baht in 2018 from 271 billion in the previous year, largely due to interest earned from foreign reserve investment surpassing interest paid for the first time in several years.
Squirrelling away the best stocks
Business, Oranan Paweewun, Published on 04/02/2019
» Although the Thai stock market is bounding back from the fourth quarter's equity sell-off, which was triggered by concerns over the global economic growth cycle and the US-China trade tiff, it remains uncertain whether the trend will last long.
Listed banks to see lower Q3 net profit on fee waiver
Business, Oranan Paweewun, Published on 10/10/2018
» SET-listed banks are estimated to deliver lower quarter-on-quarter net profit for the third quarter but higher year-on-year earnings, say analysts, noting the waiver of transaction fees for digital banking dealt a blow to their fee-based income and net profits.
ADB hikes Thai GDP outlook on strong H1
Business, Oranan Paweewun, Published on 27/09/2018
» The Asian Development Bank (ADB) has raised Thailand's economic growth forecast to 4.5% this year and 4.3% in 2019 after robust growth of 4.8% in the first half amid improving economic prospects.
Billionaire Bangkok Bank boss leaves solid legacy
News, Oranan Paweewun, Published on 26/06/2018
» As the former chairman of Bangkok Bank Plc, late Thai billionaire Chatri Sophonpanich was not just a prominent figure in Thailand but Asia as a whole.
Finding where the sweet spot lies
Business, Oranan Paweewun, Published on 18/06/2018
» Investors know they can expect both dividends and capital gains from putting money into dividend-paying stocks. But most of them overlook another advantage of dividend plays: the dividend tax credit, a benefit than can help individual taxpayers not only avoid paying tax on dividends, but also reduce their tax bill on other income.
Banks record mixed bag in Q1
Business, Oranan Paweewun, Published on 20/04/2018
» Siam Commercial Bank's (SCB) first-quarter net profit dropped by 4.6% year-on-year as a rise in operating expenses for digital banking business took a toll, while two mid-sized banks delivered improved net profit despite pursuing conservative management policies in raising provisions for impaired loans.