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Search Result for “Mule bank accounts”

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BUSINESS

Price swings weigh on Thai silver exports

Business, Somhatai Mosika, Published on 18/02/2026

» Trade policy uncertainties and silver price volatility are creating challenges for Thailand's silver jewellery industry, as buyers are reluctant to place new orders, according to the Thai Silver Exporters Association.

BUSINESS

Tourism's 2-speed economy

Business, Narumon Kasemsuk, Published on 18/02/2026

» Tourism is a key industry for Thailand, but over the past decade it has faced a critical challenge: income disparity, with a sharp divide between a handful of major destinations and second-tier locations.

BUSINESS

Bank of Thailand to monitor KBank after Gulf purchase

Business, Somruedi Banchongduang, Published on 18/02/2026

» The Bank of Thailand is monitoring the increased shareholding in Kasikornbank (KBank) of 10% by Gulf Development Plc, saying KBank will be placed under intensified supervisory oversight.

BUSINESS

Gold prices sag as Chinese New Year starts

Business, Nareerat Wiriyapong, Published on 18/02/2026

» Gold prices typically rise during Lunar New Year as demand for the precious metal strengthens during this auspicious season.

BUSINESS

Kiatnakin Phatra Financial Group plans to expand EV loan portfolio

Business, Somruedi Banchongduang, Published on 18/02/2026

» Kiatnakin Phatra Bank, a subsidiary of Kiatnakin Phatra Financial Group (KKP), wants to grow its electric vehicle (EV) loan portfolio this year, following strong adoption of EVs in the Thai market.

BUSINESS

Thai banks’ bad loans dip slightly

Reuters, Published on 17/02/2026

» Thai banks’ non-performing loans ​stood at 2.84% ‌of outstanding credit at the end of December, down from 2.94% at the end of September, the central bank said on Tuesday.

BUSINESS

Gold slides below $5,000 as Lunar New Year holiday mutes trade

Bloomberg News, Published on 17/02/2026

» LONDON — Gold slipped further below US$5,000 an ounce in thin trading, with much of Asia closed for the Lunar New Year and after a US holiday on Monday.

BUSINESS

Council sees tourism as key driver of GDP

Business, Molpasorn Shoowong, Published on 17/02/2026

» The Tourism Council of Thailand (TCT) expects the tourism industry to be a major driver of GDP growth this year as flights and arrivals continue to rebound, though rising untaxed online travel agents and illegal foreign operators continue to limit the full benefits of the rebound.

BUSINESS

Gulf Development increases Kasikornbank stake to 10%

Business, Nuntawun Polkuamdee, Published on 17/02/2026

» A move by Gulf Development Plc (GULF) to raise its shareholding in Kasikornbank (KBank) to 10% is seen as a calculated effort to balance financial optimisation with long-term strategic positioning, while carefully navigating regulatory constraints, analysts say.

BUSINESS

Economy has 'left ICU', says finance chief

Business, Wichit Chantanusornsiri, Nareerat Wiriyapong and Somhatai Mosika, Published on 17/02/2026

» Thailand's economy has now "left the intensive care unit [ICU]", reflected in fourth-quarter growth of 2.5%, which surpassed the earlier projection of 1.8% and lifted full-year 2025 growth to 2.4%, above the 2% forecast, said caretaker finance minister Ekniti Nitithanprapas.