Showing 1 - 10 of 689
Krungsri anticipates uptick in baht volatility
Business, Somruedi Banchongduang, Published on 07/07/2023
» Bank of Ayudhya, which markets itself as Krungsri, predicts the baht will be more volatile amid several uncertainties both internal and external.
Q1 household debt hits B16tn
Business, Somruedi Banchongduang, Published on 01/07/2023
» Household debt in the first quarter this year soared to 16 trillion baht, accounting for 90.6% of GDP, attributed to increases in debt as well as the redefinition of national household debt, says Sakkapop Panyanukul, the Bank of Thailand's senior director of the economic and policy department.
BoT eases forex rules for stability
Business, Somruedi Banchongduang, Published on 28/06/2023
» The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.
Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
Two-pronged approach for Tisco Financial
Business, Somruedi Banchongduang, Published on 20/05/2023
» Tisco Financial Group, a holding company of Tisco Bank, plans to focus on what it considers two businesses related to S-curve industries: auto title loans and corporate banking.
BoT mulls easing yuan-baht trade payment
Business, Somruedi Banchongduang, Published on 12/05/2023
» The Bank of Thailand plans to relax rules for yuan-baht trade payment supporting local currency settlement, reducing reliance on the US dollar.
TCRB sees commercial upgrade taking one year
Business, Somruedi Banchongduang, Published on 03/05/2023
» Thai Credit Retail Bank (TCRB) expects to take about one year to upgrade to become a commercial bank and plans to launch an initial public offering (IPO) by the end of this year.
BoT zeroes in on cash transaction fees
Business, Somruedi Banchongduang, Published on 02/05/2023
» As digital payments increase, the Bank of Thailand is focusing on cash users by adjusting banks' fee structures.
BoT sees strong GDP growth in Q1
Business, Somruedi Banchongduang, Published on 29/04/2023
» The Bank of Thailand (BoT) believes gross domestic product (GDP) growth in the first quarter should beat the previous quarter thanks to continued recovery supported by private consumption and tourism.
Banks eye yuan-baht trade payments
Business, Somruedi Banchongduang, Published on 27/04/2023
» The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.