Showing 1 - 10 of 84
Outlook improves as traders await big fund buys
Business, Published on 21/09/2024
» The Stock Exchange of Thailand has broken through the 1,400-point resistance level this month and continues to climb, with consolidation at times. Blue chips such as ADVANC, GULF, banking and healthcare plays have continued to lead the gains since mid-August.
Empowering Giving: Bangkok Bank-Siriraj Card’s Impact on Lives
Published on 18/09/2024
» Bangkok Bank Public Company Limited (PCL) continues to make a tangible impact on the lives of underprivileged patients at Siriraj Hospital, having donated over 70 million baht from medical spending under its “Bangkok Bank-Siriraj Card Project.” This initiative aligns with the bank’s long-standing commitment to social responsibility and sustainable contributions.
Asian equities steady after turbulent week
Business, Published on 07/09/2024
» RECAP: Asian equities were poised to end a turbulent week on a steady note and Thai shares had their best week of the year, while currencies edged higher ahead of crucial US payrolls data that could set the stage for a larger interest rate cut.
Bad loans expected to hit banks hard this year
Business, Nareerat Wiriyapong, Published on 06/09/2024
» The banking sector is expected to face greater pressure for the remainder of the year as asset quality continues to deteriorate, with the new government seeking to lower lending rates, while risks from bad personal loan and credit card debt rise, say analysts.
Co-op, nano-finance loans gain in Q2
Business, Published on 05/09/2024
» Co-operative (co-op) and nano-finance loans grew significantly in the second quarter of 2024, driven by retail borrowers seeking additional liquidity to cover expenses as access to bank loans became more challenging.
Small firms feel the pinch amid an array of challenges
Business, Wichit Chantanusornsiri, Published on 31/08/2024
» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.
Card numbers for online shopping on the way out
Published on 30/08/2024
» Mastercard is expanding its efforts to eliminate the use of credit card numbers when customers make purchases online in a bid to fight fraud.
Krungsri Consumer predicts uptick in credit card loans
Business, Somruedi Banchongduang, Published on 30/08/2024
» Krungsri Consumer, the unsecured loan unit of Bank of Ayudhya (Krungsri), anticipates a rise in credit card loans during the second half of this year, despite a sluggish economy and an increase in the minimum payment requirement for credit cards.
Flood relief hurts listed banking firms
Business, Nuntawun Polkuamdee, Published on 30/08/2024
» The government's flood relief measures will hurt the banking and non-banking sectors on the Stock Exchange of Thailand (SET), while companies related to home repairs should benefit, say analysts.
DUP..Homeowners scramble to pay mortgages as loan levels rise
Business, Published on 28/08/2024
» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.