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BUSINESS

Veerathai: MPC to stand pat on rate

Business, Somruedi Banchongduang, Published on 19/01/2018

» Bank of Thailand chief Veerathai Santiprabhob signalled the Monetary Policy Committee (MPC) is likely to stand pat on the policy rate to support economic growth and help inflation climb back to its target range.

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BUSINESS

BoT sounds alarm on baht speculation

Business, Somruedi Banchongduang, Published on 18/01/2018

» In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.

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BUSINESS

SCBT forecasts 4.3% GDP growth for 2018

Business, Somruedi Banchongduang, Published on 17/01/2018

» Thailand's economic growth outlook is expected to remain bright this year, with a 4.3% forecast attributed to improvement in manufacturing, services, and agricultural sectors, says Standard Chartered Bank Thai (SCBT).

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BUSINESS

SCB using app to push retail loans

Business, Somruedi Banchongduang, Published on 16/01/2018

» Siam Commercial Bank (SCB), the country's second-largest lender by assets, aims to lend 10 billion baht in retail loans through its mobile banking app this year after it rolls out the service for smartphones.