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BoT slaps limits on personal borrowing
Business, Published on 27/07/2017
» The Bank of Thailand has tightened rules governing credit cards and personal loans to curb overspending and household debt, including a cut in the ceiling interest rate for swiped cards to 18%.
Banking giants endure Q2 net profit decline
Business, Published on 21/07/2017
» Two large banks reported lower net profits for the second quarter as higher loan-loss impairment charges amid rising loan delinquencies took a bite out of their bottom lines.
Thai capital outflow muted amid ringgit rout
Business, Published on 29/12/2016
» A large foreign reserve buffer, sound economic fundamentals, low exposure to foreign debt and limited foreign holdings of local bonds and equities will help Thailand avoid following in the footsteps of the ringgit rout and massive capital flight from Malaysia, say economists and market experts.