Showing 1 - 10 of 59
Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
Thai banks told to focus on tech as returns wane
Business, Somruedi Banchongduang, Published on 03/04/2024
» Thai banks are being urged to ramp up their technology transformation efforts to enhance their income after a study found they had the lowest return on equity (ROE) ratio in the region, despite maintaining strong competitiveness compared with their regional peers.
MPC calls for human capital investment
Business, Somruedi Banchongduang, Published on 23/01/2024
» Thailand needs human capital investment for sustained growth in the long term amid the sluggish economy post-pandemic, says a member of the Bank of Thailand's Monetary Policy Committee (MPC).
Debt problem getting worse, say analysts
Somruedi Banchongduang, Published on 15/09/2023
» The proportion of heavily indebted borrowers has soared to 30% of all unsecured loan debtors, according to ttb analytics.
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.
Bank of Thailand puts stability above stimulus
Business, Somruedi Banchongduang, Published on 25/04/2023
» Amid the ongoing recovery pace, the economy no longer requires any stimulus measures, but the country requires normalisation and the implementation of economic measures to support economic stability and potential growth for the longer term, says the governor of the Bank of Thailand.
Line BK maintains data development goal
Business, Somruedi Banchongduang, Published on 25/02/2023
» After operating for more than two years, Line BK, a social banking collaboration between Kasikornbank (KBank) and Line Corporation, aims to book a net profit in 2024.
BoT hikes interest rate for 4th time
Business, Somruedi Banchongduang, Published on 26/01/2023
» The Bank of Thailand yesterday raised its policy interest rate by 0.25 percentage points for a fourth consecutive time in an attempt to contain high inflation.
Industry group knocks Pheu Thai's 600B minimum wage
Business, Somruedi Banchongduang, Published on 08/12/2022
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is opposing the Pheu Thai Party's pledge to raise the daily minimum wage to 600 baht because it could affect the business sector's competitiveness.
Treading a familiar path to super-app status
Business, Somruedi Banchongduang, Published on 12/11/2022
» Robinhood, the Thai on-demand service application, has set an ambitious target to become a regional platform in the near future.