Showing 41 - 50 of 347
Bangkok Bank tightens account rules for some foreigners
Somruedi Banchongduang, Published on 28/05/2025
» Bangkok Bank has adopted stricter requirements for opening new deposit accounts in Thailand for foreign customers, affecting tourists and potentially any expats who do not hold long-term visas.
Financial scam decree touts shared responsibility
Business, Somruedi Banchongduang, Published on 05/05/2025
» An amended emergency decree mandates shared responsibility for financial scams among all stakeholders, but taking personal precautions remains the most effective defence.
Moody's downgrade sends a signal
Business, Somruedi Banchongduang, Wichit Chantanusornsiri and Nareerat Wiriyapong, Published on 01/05/2025
» Thailand must accelerate its economic growth potential to 3-4% to avoid a downgrade in its sovereign credit rating, say analysts.
Bank of Thailand expected to cut policy rate to 1.75%
Somruedi Banchongduang, Published on 28/04/2025
» The Bank of Thailand (BoT) is expected to slash its policy rate by 0.25 percentage points on Wednesday, amid slower economic growth primarily impacted by the US's tariff policies.
Corporate debt repayment capacity concerns Bank of Thailand
Somruedi Banchongduang, Published on 24/04/2025
» The Bank of Thailand has voiced concerns about the debt repayment capacity of some domestic corporations carrying heavy debt burdens amid increasing economic headwinds.
Thai economic growth to see hit from US tariffs: central bank
Somruedi Banchongduang and Reuters, Published on 17/04/2025
» Thailand’s economic growth will be hit by US tariffs on its exports, although the impact on activity won’t be as great as during the Covid-19 pandemic, a senior central bank official said on Thursday.
Thai economy forecast to take B30bn hit from quake
Somruedi Banchongduang, Published on 01/04/2025
» Two leading research centres expect the recent earthquake to result in economic losses of 20-30 billion baht in Thailand over the coming months.
Both ttb and KTB deny reported merger rumours
Business, Somruedi Banchongduang and Nareerat Wiriyapong, Published on 22/03/2025
» TMBThanachart Bank (ttb) has denied rumours of a potential merger with Krungthai Bank (KTB), noting its two largest shareholders are private companies that hold a combined stake greater than that of the government sector.
Thai bad debt soars to all-time high of B1.23 trillion
Somruedi Banchongduang, Published on 21/03/2025
» Bad household debt in Thailand has risen by 25% since the end of 2022, reaching a record-high 1.23 trillion baht as of January this year, according to the National Credit Bureau (NCB).
Gulf's KBank share purchase sparks takeover speculation
Nareerat Wiriyapong, Nuntawun Polkuamdee, Yuthana Praiwan and Somruedi Banchongduang, Published on 20/03/2025
» Gulf Energy Development (Gulf) has become the fifth-largest shareholder in Kasikornbank (KBank), Thailand’s third-largest lender by asset value, in a move that sparked speculation that the energy giant may replicate its takeover of Intouch Holdings (INTUCH).