Showing 1 - 7 of 7
BoT expects uptick in demand for lending
Business, Somruedi Banchongduang, Published on 22/02/2022
» The Bank of Thailand (BoT) expects that the picking up trend of the Thai economy will support economic activities and loan demand this year.
BoT: New wave less of a hit
Business, Somruedi Banchongduang, Published on 26/02/2021
» Thailand's economic conditions last month were affected by the new round of Covid-19, with the pace of economic recovery becoming more uneven, though the impact was smaller than the first wave, says the Bank of Thailand.
Export recovery poised to continue, says BoT
Business, Somruedi Banchongduang, Published on 30/01/2021
» Exports are expected to continue improving, following the return to growth in December, the first uptick in 10 months, supported by higher demand from trading partners and better global trade sentiment, says the Bank of Thailand.
Recovery momentum picks up in Q3
Business, Somruedi Banchongduang, Published on 26/11/2020
» Thailand's economic recovery momentum gained traction thanks to quarter-on-quarter GDP growth in the third quarter, with exports and public investment expected as the main growth drivers for next year, says a research house.
Central bank allays NPL concerns
Business, Somruedi Banchongduang, Published on 01/07/2020
» The banking industry's bad loans are seen climbing higher for the remaining period of the year, but the central bank is giving assurances that commercial banks' capital buffer is strong enough to tolerate rising non-performing loans (NPLs) if the economy shrinks 8.1% this year.
BoT cuts key rate to 0.50%
Somruedi Banchongduang, Published on 20/05/2020
» The Bank of Thailand cut its policy rate by 25 basis points to a record low of 0.50% on Wednesday, to help soften the economic impact of the pandemic and social distancing measures.
BoT predicts 5.3% GDP dive in 2020
Business, Somruedi Banchongduang, Published on 26/03/2020
» The Bank of Thailand on Wednesday forecast the economy to shrink by 5.3% this year, the first contraction since the 2008 global financial crisis, but stayed unchanged on the policy interest rate.