Showing 1 - 10 of 807
Bank of Thailand chief says local focus key to growth
Business, Somruedi Banchongduang, Published on 14/09/2024
» Domestic resilience and the strength of the local economy will be key to sustaining Thailand's economic growth in the long term, especially amid a slowdown in foreign direct investment (FDI), according to the Bank of Thailand chief.
Developer pushes mortgage options
Business, Somruedi Banchongduang, Published on 14/09/2024
» The government is being advised to offer 20-year fixed-rate mortgages to help low-income individuals access lending, addressing an obstacle for many Thais who want to own a home.
Finno Efra preps for listing
Business, Somruedi Banchongduang, Published on 20/08/2024
» Krungsri Finnovate (KFin), the corporate venture capital arm of Bank of Ayudhya (Krungsri), has partnered with EfraStructure Co to launch a private equity trust aimed at supporting local startups and investing in tech startups across Asean.
UOB stands behind companies' regional expansion efforts
Business, Somruedi Banchongduang, Published on 15/08/2024
» UOB Thailand is committed to supporting large local corporations expanding into Southeast Asia to capitalise on the significant growth potential of regional economies, while also investing in domestic digital technology.
YouTrip eager to grow regional offerings
Business, Somruedi Banchongduang, Published on 10/08/2024
» YouTrip, the Singapore-based fintech firm, is evolving beyond being a travel card service after establishing itself as Southeast Asia's leading multi-currency digital payments platform, demonstrating the fastest growth in the region's business sector.
NPLs for pickup trucks rise sharply
Business, Somruedi Banchongduang, Published on 30/07/2024
» The National Credit Bureau (NCB) reported a 39% increase in bad debt for pickup truck loans in May.
KBank sees mobile app loans fall by 20%
Business, Somruedi Banchongduang, Published on 25/07/2024
» Loan applications through K-Plus, a mobile banking app under Kasikornbank (KBank), have declined by around 20% after the bank slowed its lending growth via the digital platform last year.
Kiatnakin Phatra Research: Potential growth rate below 2%
Business, Somruedi Banchongduang, Published on 23/07/2024
» Kiatnakin Phatra Research (KKP Research) forecasts that Thailand's potential economic growth rate will be below 2% for the next five years due to weaker productivity and competitiveness.
Profits of 10 listed banks for H1 rise 3.7% to B126.4bn
Somruedi Banchongduang, Published on 23/07/2024
» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.
Country's leading banks post mixed results for first half
Business, Somruedi Banchongduang, Published on 20/07/2024
» The big three banks reported mixed results for the first half of this year.