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Search Result for “economy”

Showing 1 - 10 of 932

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GENERAL

Panel says export growth may miss target

Business, Somruedi Banchongduang, Published on 06/06/2024

» A private sector panel predicts that Thai export growth may fall short of its target this year because of challenges from both external and internal factors.

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INVESTMENT

Private investment advanced in April thanks to new cars

Business, Somruedi Banchongduang, Published on 01/06/2024

» The Bank of Thailand reported an increase in private investment in April, attributed to improved sales of new cars after the delivery of vehicles following this year’s Thailand International Motor Show.

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GENERAL

Krungsri poised to focus on transition finance for SMEs

Business, Somruedi Banchongduang, Published on 30/05/2024

» Bank of Ayudhya (Krungsri) plans to promote transition loans to support local small and medium-sized enterprises (SMEs) shifting to sustainable finance, while offering both financial and non-financial assistance.

GENERAL

KKP transitions to sustainable finance

Business, Somruedi Banchongduang, Published on 25/05/2024

» Kiatnakin Phatra Financial Group (KKP), the holding company of Kiatnakin Bank, is offering sustainable financial services with a focus on the real estate sector, providing green loans to both commercial and individual customers.

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GENERAL

Weak response to central bank's debt scheme

Business, Somruedi Banchongduang, Published on 24/05/2024

» The Bank of Thailand plans to ramp up its debt solution programme for instalment loans after no new participants joined its recent initiative.

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GENERAL

Thai banks record 1.2% loan growth

Business, Somruedi Banchongduang, Published on 24/05/2024

» The Thai banking industry reported marginal loan growth for the first four months of this year, thanks to tighter loan criteria amid a sluggish economy.

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GENERAL

Banking sector NPLs edge up in Q1

Business, Somruedi Banchongduang, Published on 22/05/2024

» The Bank of Thailand reported higher non-performing loans (NPLs) for the banking industry in the first quarter this year, attributed to all types of loan products amid an uneven economic recovery.

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GENERAL

Analysts expecting rate cuts to be delayed

Business, Somruedi Banchongduang, Published on 21/05/2024

» Following better-than-expected GDP growth in the first quarter, research houses are predicting that the Bank of Thailand will delay any policy rate cut until the end of this year or next year.

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GENERAL

BAM eager to keep lead in distressed assets sector

Business, Somruedi Banchongduang, Published on 18/05/2024

» Bangkok Commercial Asset Management (BAM), Thailand's largest asset management company, set an ambitious goal for bad asset management over the next few years in a bid to address the burden of distressed debts within the banking industry.

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GENERAL

Credit card default risks surge in first quarter

Business, Somruedi Banchongduang, Published on 09/05/2024

» The risk of default on credit card loans rose significantly in the first quarter this year, driven by the central bank's mandate for a higher minimum payment rate.