Showing 1 - 10 of 11
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.
Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
Bucking the crowd
Business, Pawee Sirimai, Published on 09/09/2017
» In 2013, Santitarn Sathirathai, an economist at Credit Suisse, rang the alarm bell on Indonesia's investment boom, saying a golden era was coming to an end and a slowdown in economic growth was brewing for Southeast Asia's largest economy.
More cards, less default, study finds
Business, Pawee Sirimai, Published on 07/09/2017
» Cardholders with a stack of plastic in their wallets have lower default rate than those with only one or two cards, unlike personal loan debtors with multiple creditors, who tend to default more, say researchers at the central bank's think tank.
Asean office issues rosy outlook for Thai growth
Business, Pawee Sirimai, Published on 13/06/2017
» The Asean+3 Macroeconomic Research Office (Amro) is upbeat that the Thai economy will remain on solid footing, and policymakers stand ready to adopt both fiscal and monetary policies to support the economy if needed.
Bank of Thailand chief: No trace of a bubble
Business, Pawee Sirimai, Published on 02/06/2017
» There are no signs of dramatic growth in borrowing for property speculation activities, while banks have been better at managing risks associated with project financing, says Bank of Thailand governor Veerathai Santiprabhob.
Governance and technology to play key regulatory roles
Business, Pawee Sirimai, Published on 23/05/2017
» Regulations in the financial sector are expected to focus on governance and supervision, while regulatory technology (regtech) will help financial institutions comply in a more cost-effective way, Deloitte says.
World Bank keeps wary outlook
Business, Pawee Sirimai, Published on 19/04/2017
» The country's underlying productivity challenges are expected to cap Thai economic growth at a mere 3.4% in 2019, the World Bank says.
The power behind B.Grimm
Business, Pawee Sirimai, Published on 28/01/2017
» Some 20 years ago, when Preeyanart Soontornwata was in her thirties and joined B.Grimm Power Co Ltd as president and chief executive, it was a time of turmoil in Thailand.
Baht forecast to hit 36.5 by mid-year
Business, Pawee Sirimai, Published on 24/01/2017
» The baht is expected to weaken to 36.5 against the greenback in the first half of this year before reversing the trend to become firmer at 35.5 at the end of the year as US President Donald Trump might not be able to deliver as strong economic growth as expected, says TMB Bank (TMB).