Showing 1 - 8 of 8
CIMBT projects 1% dip in exports next year
Business, Somruedi Banchongduang, Published on 07/12/2022
» CIMB Thai Bank (CIMBT) predicts exports will contract 1% next year, suffering from a global slowdown and fears of a recession in key global economies.
Financial system increasingly vulnerable
Business, Somruedi Banchongduang, Published on 20/05/2021
» The Thai financial system has become more vulnerable due to negative shocks from the recent Covid-19 outbreak, says the Bank of Thailand (BoT).
BoT rules out IMF help, cites fundamentals
Business, Somruedi Banchongduang, Published on 21/07/2020
» Thailand does not need financial assistance from the IMF during the pandemic because of the country's strong economic fundamentals and the financial sector, says the Bank of Thailand.
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.
World Bank cites risks to outlook
Business, Somruedi Banchongduang, Published on 09/07/2019
» Political uncertainty is a major risk sapping investor and consumer confidence and clouding the country's economic outlook, the World Bank says.
ADB sees 3.2% GDP lift
Business, Somruedi Banchongduang, Published on 28/09/2016
» Asian Development Bank (ADB) is the latest institution to raise Thailand's economic growth forecast to 3.2% this year, following stronger-than-expected growth in the first half.
BAY set to double branches
Business, Somruedi Banchongduang, Published on 22/08/2016
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, plans to nearly double its number of branches to 800 by 2018, defying the rising industry trend of downsizing outlets.
SCB bucks trend, sees uptick in car loans
Business, Somruedi Banchongduang, Published on 27/07/2015
» Siam Commercial Bank (SCB) has set an aggressive new car loan growth target of 43% this year, although domestic car sales remain in the doldrums and are likely to contract for a third straight year.