Showing 1 - 10 of 290
EIS optimistic on economic prospects in H2
Business, Somruedi Banchongduang, Published on 13/06/2023
» The Economic Intelligence Service (EIS), a research arm of the Thailand Development Research Institute (TDRI), forecasts a better second half for the Thai economy, driven by increased tourism and domestic consumption, although the political instability would need to be monitored.
Coalition delays seen as threat to growth
Business, Somruedi Banchongduang, Published on 08/06/2023
» The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.
HSBC Thailand prepares strategy for expansion
Business, Somruedi Banchongduang, Published on 02/06/2023
» HSBC Thailand aims to raise fresh funds and secure an additional licence in preparation for local business expansion in line with the country's economic growth.
Krungsri sees support for Japan's interests
Business, Somruedi Banchongduang, Published on 01/06/2023
» Bank of Ayudhya, which markets itself as Krungsri, believes the new government will support Japanese investment in Thailand.
Worries over baht volatility as coalition talks continue
Business, Somruedi Banchongduang, Published on 25/05/2023
» Investors are concerned that the formation of a new government and political risk could lead to higher baht volatility over the next month, says Kasikornbank (KBank).
Economists anticipate 0.25% hike
Business, Somruedi Banchongduang, Published on 08/05/2023
» Local economists are predicting the Bank of Thailand will increase its policy rate to a terminal level of 2% this month after estimating the Fed's funds rate has already peaked.
Listed banks post 13% Q1 profit hike
Business, Somruedi Banchongduang, Published on 22/04/2023
» Net profit for the banking industry grew 13% in the first quarter thanks to improving business operations, despite setting higher loan-loss provisions amid global economic risks.
Listed banks post flat loan growth
Business, Somruedi Banchongduang, Published on 15/04/2023
» The banking sector is expected to post marginal loan growth in the first quarter this year, attributed to sluggish demand caused by the global economic slowdown and Thailand's uneven economic recovery.
SCB unveils new digital bond service on its mobile app
Business, Somruedi Banchongduang, Published on 29/03/2023
» Siam Commercial Bank (SCB) plans to ramp up digital bonds as part of its digital banking strategy, aiming to provide more convenience to retail bond investors.
Step right up, hedge your currency bets
Business, Somruedi Banchongduang, Published on 08/03/2023
» If you're planning to travel abroad, it's important to consider the foreign exchange rate to manage your personal finances, especially as the baht is increasingly volatile against the US dollar.