Showing 1 - 10 of 23
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.
War of independence
Business, Published on 13/05/2024
» Following a speech by Pheu Thai Party leader Paetongtarn Shinawatra declaring the independence of the Bank of Thailand an obstacle to fixing a stagnant economy, the issue has been echoed in media reports, fuelling an ongoing rift between the central bank and the coalition government.
The battle over interest rates
Business, Published on 04/03/2024
» A rift over interest rates between Prime Minister Srettha Thavisin and the Bank of Thailand, led by governor Sethaput Suthiwartnarueput, has remained in the media spotlight for months.
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.
How interest rates affect household debt
Business, Somruedi Banchongduang, Published on 09/11/2023
» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.
The eternal joust over rate hikes
Business, Published on 12/06/2023
» Some industry leaders are concerned about higher interest rates affecting businesses, especially small ones, in addition to weakening the purchasing power of homebuyers.
BoT eases mortgage LTV ratio
Business, Published on 22/10/2021
» The Bank of Thailand (BoT) has further eased the loan-to-value (LTV) ratio for mortgage lending to allow homebuyers to borrow loans of up to 100%, aiming to help boost the property sector and help the economy recover from the impact of the Covid-19 pandemic.
On guard against contagion
Business, Published on 29/06/2020
» Thailand's banking sector has been disrupted yet again, but this time it's not a sophisticated new technology creating turbulence. Rather, it's a microscopic virus that induces fear of immense collateral damage that could shake the country's financial pillars to its core.
Edge of a dilemma
Business, Published on 01/06/2020
» To cut or not to cut is the puzzle facing economists and analysts deciphering the Bank of Thailand's interest rate decision-making, with pandemic pressures presenting the possibility of a zero policy interest rate.
BoT relaxes LTV rule for mortgages
Business, Published on 21/01/2020
» The Bank of Thailand is easing loan-to-value (LTV) regulations governing mortgage lending, shortening the minimum debt-servicing period for first mortgages for those seeking a second for homes priced below 10 million baht.