Showing 1 - 10 of 32
Moody's downgrade sends a signal
Business, 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.
Both ttb and KTB deny reported merger rumours
Business, 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.
Gulf's KBank share purchase sparks takeover speculation
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).
Analysts want details on debt plan
Business, Published on 19/03/2025
» Former premier Thaksin Shinawatra recently pitched a government-led household debt buyback programme as household debt tallied 89.6% of GDP as of the second quarter of 2024.
Bank of Thailand unfazed by board chief delay
Business, Published on 25/12/2024
» Any delays in selecting a new board chairman for the Bank of Thailand is unlikely to impact the central bank's operations and overall banking industry, as the chairman's role primarily focuses on internal operations rather than shaping the bank's policies, according to experts and economists.
Central bank leaves interest rates unchanged
Business, Published on 19/12/2024
» The Bank of Thailand has kept its policy rate unchanged at 2.25% as widely expected, following a surprise cut in October, preserving policy space amidst growing uncertainties ahead.
Bank of Thailand tempers anxiety about chair
Business, Published on 13/11/2024
» Satit Limpongpan, chairman of the selection committee tasked with choosing the new board chairman of the Bank of Thailand, has confirmed the position will not have any influence on the central bank's monetary policy.
Panel picks new Bank of Thailand board chief
Business, Published on 12/11/2024
» The selection committee tasked with selecting the new board chairman of the Bank of Thailand (BoT) has finalised the nomination for the position, without providing the name of the candidate selected.
Economists press for autonomy of BoT
Business, Published on 10/10/2024
» Economists have restated their calls for the Bank of Thailand to retain its independence, suggesting it is essential for the country's economic growth.
Baht at 19-month high against US dollar
Business, Published on 24/09/2024
» The baht surged to a 19-month high against the dollar, driven by a weaker US currency and profit-taking in gold.