Showing 71 - 80 of 386
Credit card rule change set to hit clients
Business, Somruedi Banchongduang, Published on 22/08/2023
» CardX, a credit card service provider under SCB X Group, expects that some customers may fail to comply with the Bank of Thailand’s regulation on minimum credit card payments scheduled for next year.
Market forecasts rate hike cycle nears end
Business, Somruedi Banchongduang, Published on 16/08/2023
» With the Bank of Thailand gradually raising its policy benchmark rate for a year as part of its monetary policy normalisation to tame inflation, the market now expects the rate hike cycle to end.
Bridge Capital taps SME loans as banks waver
Business, Somruedi Banchongduang, Published on 11/08/2023
» Bridge Capital Management Co Ltd aims to be a new funding source for small and medium-sized enterprises (SMEs) in the Thai market as it foresees greater opportunities amid sluggish SME loan growth in the banking sector.
Banks post 15% profit growth in first half
Business, Somruedi Banchongduang, Published on 25/07/2023
» Rising interest rates boosted banks' earnings in the first half with more than 15% net profit growth.
Hire-purchase lenders call for rate hike
Business, Somruedi Banchongduang, Published on 11/07/2023
» The Thai Hire-Purchase Association (THPA) has asked the Office of the Consumer Protection Board (OCPB) to increase the maximum interest rate for hire-purchase loans as the business is being affected by rising rates.
Thai growth set to beat BoT forecast
Business, Somruedi Banchongduang, Published on 16/06/2023
» The Bank of Thailand expects GDP growth to exceed its forecast, with the economic policies of the new government driving expansion alongside tourism and consumption growth.
HSBC Thailand prepares strategy for expansion
Business, Somruedi Banchongduang, Published on 02/06/2023
» HSBC Thailand aims to raise fresh funds and secure an additional licence in preparation for local business expansion in line with the country's economic growth.
BoT pushes up interest rate to 2%
Business, Somruedi Banchongduang, Published on 01/06/2023
» The Bank of Thailand's Monetary Policy Committee (MPC) has raised its policy rate by 0.25 percentage points, in a bid to maintain the momentum of the Thai economic recovery.
Worries over baht volatility as coalition talks continue
Business, Somruedi Banchongduang, Published on 25/05/2023
» Investors are concerned that the formation of a new government and political risk could lead to higher baht volatility over the next month, says Kasikornbank (KBank).
Creating a ‘better future’ through ESG
Business, Somruedi Banchongduang, Published on 24/05/2023
» Sustainability issues and environmental, social and governance (ESG) were stressed at the Bangkok Post ESG Conference 2023 held on Wednesday.