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BUSINESS

StanChart sees more stability post-election

Business, Somruedi Banchongduang, Published on 21/04/2023

» Standard Chartered Bank (Thai) expects the new administration is likely to have greater stability and unity than the current government thanks to a stronger political base.

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BUSINESS

Campaigns aim to ease auto loan stress

Business, Somruedi Banchongduang, Published on 08/02/2021

» Auto loan providers have launched new debt restructuring packages to control non-performing loans (NPLs) after forecasting higher bad debts in the first quarter due to the impact of the pandemic.

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BUSINESS

KTC slows loans to risky segments

Business, Somruedi Banchongduang, Published on 19/08/2020

» SET-listed Krungthai Card Plc (KTC) has tightened personal loan approval for certain risky segments and reduced the approval rate for unsecured loan products.

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BUSINESS

BoT says GDP to shrink until next year

Business, Somruedi Banchongduang, Published on 01/04/2020

» The economy is expected to contract every quarter this year, with the nadir in the second quarter, according to a senior official at the Bank of Thailand.

BUSINESS

TMB cites triple whammy to GDP

Business, Somruedi Banchongduang, Published on 06/02/2020

» The coronavirus epidemic, the delayed fiscal budget and the ongoing drought are estimated to shave nearly 280 billion baht off GDP, taking economic growth down to a range of 1.7-2.1%, according to TMB Analytics.

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BUSINESS

Bank of Thailand expects weaker economy in Q1

Business, Somruedi Banchongduang, Published on 01/02/2020

» The spread of the new coronavirus strain and the delay in the fiscal 2020 budget bill will dampen the economy, which will grow at a softer pace than expected in the first quarter and the full year, adding to the likelihood of a policy rate cut at next week's meeting, says a key central bank official.