Showing 91 - 100 of 3,140
KKP anticipates marginal loan growth
Business, Somruedi Banchongduang, Published on 01/02/2024
» Kiatnakin Phatra Financial Group (KKP) expects to book marginal loan growth this year as it closely monitors the automotive industry.
Baht strengthens as Fed expected to stay put
Business, Somruedi Banchongduang, Published on 31/01/2024
» The baht gained against the softening US dollar as some investors expect the US Federal Reserve to maintain its policy rate at its meeting scheduled for this week.
Gold price on course to hit record high
Business, Somruedi Banchongduang, Published on 27/01/2024
» The global gold price is expected to hit a new high of US$2,300 per troy ounce this year because of the possibility of US Federal Reserve policy rate cuts, surging inflation and geopolitics risks.
Banks see flat loan growth
Business, Somruedi Banchongduang, Published on 26/01/2024
» The banking sector booked flat loan growth last year as a result of debt repayment by borrowers and banks' increased scrutiny of loan expansion amid heightened economic uncertainties.
Office trims GDP growth for 2023 by almost 1 point
Business, Published on 25/01/2024
» The Fiscal Policy Office (FPO) announced GDP expanded by only 1.8% in 2023, lower than the previous forecast by almost 1 percentage point, attributed to many negative factors affecting the economy, says director-general Pornchai Thiraveja.
IMF upgrades Thailand's GDP growth projection for 2024
Business, Somruedi Banchongduang, Published on 24/01/2024
» The International Monetary Fund (IMF) projects Thai GDP growth of 4.4% for this year, up from 2.5% in 2023.
Banks see profit hike amid higher interest income
Business, Somruedi Banchongduang, Published on 23/01/2024
» Ten SET-listed commercial banks reported consolidated net profit in 2023 of 232 billion baht, a 15.6% year-on-year increase from around 201 billion baht in 2022, attributed to rising interest income as a result of policy rate hikes.
MPC calls for human capital investment
Business, Somruedi Banchongduang, Published on 23/01/2024
» Thailand needs human capital investment for sustained growth in the long term amid the sluggish economy post-pandemic, says a member of the Bank of Thailand's Monetary Policy Committee (MPC).
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
Citibank: BoT likely to freeze rates for 2 years
Business, Somruedi Banchongduang, Published on 20/01/2024
» Citibank Thailand expects the Bank of Thailand to keep its policy rate steady for two years, in line with a gradual economic recovery and no inflationary pressure.