Showing 1 - 10 of 178
Robust growth targets amidst stronger scrutiny
Business, Somruedi Banchongduang, Published on 30/03/2024
» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.
Gold price on course to hit record high
Business, Somruedi Banchongduang, Published on 27/01/2024
» The global gold price is expected to hit a new high of US$2,300 per troy ounce this year because of the possibility of US Federal Reserve policy rate cuts, surging inflation and geopolitics risks.
Banking on responsible lending
Business, Somruedi Banchongduang, Published on 18/11/2023
» As authorities try to ease swelling household debt, the Bank of Thailand plans to implement responsible lending guidelines to improve loan quality in the financial system, starting on Jan 1, 2024.
How interest rates affect household debt
Business, Somruedi Banchongduang, Published on 09/11/2023
» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.
BoT backs fiscal consolidation amid rising debt
Business, Somruedi Banchongduang, Published on 31/10/2023
» The Bank of Thailand supports fiscal consolidation in line with recommendations by the International Monetary Fund (IMF) to strengthen Thailand's economic resilience in the long term amid higher global uncertainties.
Economist backs consumption stimulus measures
Business, Somruedi Banchongduang, Published on 21/09/2023
» The government's policy of stimulating private consumption is reasonable to sustain Thailand's economic growth amid global uncertainties, says an economist with Standard Chartered Bank (Thai).
Improving the auto loan sector's standards
Business, Somruedi Banchongduang, Published on 26/08/2023
» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.
Bank of Thailand keeps its options open on rates
Business, Somruedi Banchongduang, Published on 10/08/2023
» The Bank of Thailand can either hike or maintain its policy rate next month depending on economic data, says the central bank's governor.
Volatile politics set to hit economy
Business, Somruedi Banchongduang, Published on 12/07/2023
» Kasikorn Research Center (K-Research) expects the domestic political situation to be a key factor affecting the Thai economy in the second half of this year.
Economists weigh in on poll winners
News, Somruedi Banchongduang, Published on 16/05/2023
» The banking sector is recommending the new government prioritise elevating the country's competitiveness through the stimulation of consumption, tourism and private investment.