Showing 1-10 of 50 results
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Bank of Thailand maintains policy rate at 2.5%
Business, Published on 11/04/2024
» The Bank of Thailand has resisted government pleas for a reduction of the policy rate, deciding on Wednesday to keep the rate unchanged at 2.5% for a third straight meeting, noting the Thai economy is sustaining its growth trajectory and surpassing the level of 2023.
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Bankers wary regarding debt
Business, Published on 19/02/2024
» The high level of profits posted by the Thai banking sector last year generated a good deal of controversy, with some commentators suggesting interest rates were too high.
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What's in store for 2024
Business, Published on 30/12/2023
» From the planned licensing of virtual banks to the continued rise of lifestyle-related businesses, this is what consumers can expect in 2024.
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Asset manager eyes surge in loan sales
Business, Published on 07/11/2023
» Alpha Capital Partners Group (ACPG), a leading privately-owned asset management company (AMC) in Thailand, anticipates sales of non-performing loans (NPLs) to surge to 150-200 billion baht next year after the Bank of Thailand's debt aid measures expire.
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KBank moves to buy Satang Corp
Business, Published on 31/10/2023
» Kasikornbank (KBank) has acquired Satang Corporation, a local cryptocurrency trading board, as it expands to digital asset operations under a subsidiary.
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Probing the B10,000 digital handout
Business, Published on 13/09/2023
» The Pheu Thai Party-led coalition government believes its flagship policy, the 10,000-baht digital currency handout, will unleash an "economic tsunami" of consumption, benefiting many sectors of the economy.
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Playing the waiting game
Business, Published on 29/05/2023
» Before May 14, many investors and analysts were hopeful that the general election could reverse the "sell in May" phenomenon, which refers to the Thai bourse traditionally underperforming during the hot, dry months.
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Rebalance your portfolio
Business, Published on 03/04/2023
» Investors have been keeping an eye on assets offering a decent return this year amid global market volatility and an economic slowdown.
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Asset managers counting on Credit Suisse assistance
Business, Published on 17/03/2023
» Local fund managers and economists insist the Swiss government and central bank will not let Credit Suisse collapse, but warn the situation remains fragile and investors should add gold to their portfolios amid the ongoing market volatility.
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Desperate for a long-term vision
Business, Published on 24/10/2022
» With the country's next general election tentatively slated for May 7, 2023 by the Election Commission, assuming the House of Representatives completes its four-year term by March 23, many political parties have cranked up their election machines, with leading parties already kicking off their campaigns.
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