Showing 1 - 9 of 9
Bank of Thailand warns of long-term downturn
Business, Somruedi Banchongduang, Published on 23/02/2024
» The Thai export sector has lost competitiveness in global markets, with the market share of rice shipments falling by more than 50% over the past 20 years, according to the Bank of Thailand (BoT).
Populist policies hurting farmers: BoT's think tank
Business, Somruedi Banchongduang, Published on 29/06/2019
» Long-standing state subsidies have distorted crop prices, sunk farmers deeper in debt and contributed to falling productivity and higher inequality in resource accessibility, says the Bank of Thailand's think tank.
Bank of Thailand sees export contraction in Q2
Business, Somruedi Banchongduang, Published on 29/06/2019
» The Bank of Thailand has grown more pessimistic, reckoning that the export contraction will extend into the second quarter because of intensifying trade tension between the US and China.
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.
KTB investing in long-term IT for new income sources
Business, Somruedi Banchongduang, Published on 07/11/2018
» Krungthai Bank (KTB) says its planned IT investment budget of 12 billion baht next year will take a bite out of net profit in the short run but should set a path for the bank to generate new income sources to sustain profitability over the long term.
KTB admits lending growth target miss
Business, Somruedi Banchongduang, Published on 01/11/2018
» Krungthai Bank (KTB), the country's fourth-largest lender by assets, estimates its loans outstanding will grow less than 2% this year, missing its 5-7% target, as a major portion of lending borrowed by credit cooperatives was refinanced to other banks.
BoT holds at 1.5%, signals future shift
Business, Somruedi Banchongduang, Published on 09/08/2018
» The Bank of Thailand (BoT) left its policy rate unchanged as expected yesterday but said that the necessity of accommodative monetary policy is subsiding, adding to signs that a shift to a neutral stance is just around the corner.
MPC: GDP improving, but domestic recovery remains uneven
Business, Somruedi Banchongduang, Published on 31/05/2018
» Thai economic growth momentum has picked up pace, driven largely by robust exports, but the domestic recovery remains uneven, cramped by swelling low-income household debt, according to the edited minutes of the last Monetary Policy Committee (MPC) meeting released yesterday.
BBL forecasts bad-loan peak
Business, Somruedi Banchongduang, Published on 16/12/2017
» Bangkok Bank (BBL) expects non-performing loans (NPLs) in the small and medium-sized enterprise (SME) segment to peak next quarter after increasing at a slow pace against a backdrop of economic recovery.