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BUSINESS

FIDF asks more of banks

Business, Pawee Sirimai, Published on 22/11/2017

» The proposed amendment of the Bank of Thailand Act will require financial institutions to contribute in the event of future bailout. This contribution requirement will be made only post-crisis not pre-crisis.

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BUSINESS

Q3 growth of 3.7-4% forecast

Business, Pawee Sirimai, Published on 20/11/2017

» Thailand's economic growth is expected to expand by 3.7-4% during the three months to September mainly because of stronger growth in exports and tourism, say economists.

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BUSINESS

Unlocking your home's equity

Business, Pawee Sirimai, Published on 06/11/2017

» A reverse mortgage is a powerful source of income for retirees. It helps them cover daily living expenses and healthcare costs by converting their home equity into cash with no repayment of the loan until the borrower dies or the home is sold.

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BUSINESS

Central bank's MPC predicts growth, with caveats

Business, Pawee Sirimai, Published on 12/10/2017

» The Bank of Thailand's rate-setting committee foresees further economic growth but is concerned over rising bad loans in the short term and search-for-yield behaviour increasing amid the low-interest-rate environment.

BUSINESS

SEC set to tighten up B/E regulations

Business, Pawee Sirimai, Published on 12/10/2017

» The Securities and Exchange Commission (SEC) is expected to tighten its regulations on bills of exchange (B/E) by limiting the number of entities in which funds can be privately placed to no more than 10 deep-pocketed investors.

BUSINESS

World Bank ups Thai GDP forecast

Business, Pawee Sirimai, Published on 25/08/2017

» The World Bank has a more bullish view on Thai economic growth, raising its estimate to 3.5% this year and 3.6% in 2018 after a stronger-than-expected first half for exports and tourism.

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BUSINESS

Experts disagree on momentum in Q2

Business, Pawee Sirimai, Published on 15/08/2017

» Economists are divided on second-quarter growth, with some saying it could be the largest quarterly jump this year as exports are expected to lose steam for the rest of this year.

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BUSINESS

BoT: Commercial bank NPLs to peak

Business, Pawee Sirimai, Published on 16/05/2017

» Non-performing loans (NPL) held by Thai commercial banks are expected to peak in 2017 after an economic recovery began late last year, says the Bank of Thailand.

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BUSINESS

Analysts see slight bump in Q1 growth

Business, Pawee Sirimai, Published on 11/05/2017

» Thai GDP possibly grew at a marginally faster rate from January to March than in the previous quarter as state investment and private consumption underpinned recovery momentum despite private investment remaining tepid, economists say.

BUSINESS

Economist: Business environment central to FDI growth

Business, Pawee Sirimai, Published on 05/05/2017

» Thailand should put more effort into improving the business environment to attract foreign direct investment instead of creating further tax incentives, says an economist.