Showing 1-10 of 160 results
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World Bank cuts Thai growth forecast
Business, Somruedi Banchongduang, Published on 02/04/2024
» The World Bank has slashed its forecast for Thailand's GDP growth in 2024 to 2.8%, citing a global trade slowdown and delays in the country's fiscal budget disbursement.
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Bank of Thailand comfortable with current interest rates
Business, Somruedi Banchongduang, Published on 16/01/2024
» The Bank of Thailand (BoT) says the existing policy rate remains appropriate for economic recovery, while inflation is projected to stay within the target range.
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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.
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Innovation visionary
News, Somruedi Banchongduang, Published on 26/10/2023
» Tan Choon Hin, President and Chief Executive Officer of UOB Thailand, was honoured with the "2023 CEO of the Year Award for Innovative Financial Visionary" by the Bangkok Post for his exceptional leadership and unwavering dedication to the bank's growth and success through innovation development.
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Bank of Thailand upbeat on cardholders' repayment
Business, Somruedi Banchongduang, Published on 23/08/2023
» The Bank of Thailand (BoT) affirms up to 80% of credit cardholders can repay their debt at the minimum payment rate of 10%, while the regulator prepares assistance measure to help consumers who cannot comply with the rule.
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BoT issues warning over volatility in bond, capital markets
Business, Somruedi Banchongduang, Published on 26/07/2023
» The Bank of Thailand has raised concerns over the Thai capital and bond markets, given domestic political uncertainty and default risks pertaining to corporate debentures.
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BoT to aid new government on economic policies
News, Somruedi Banchongduang, Published on 13/04/2023
» The Bank of Thailand (BoT) will work with the new government on coordinating fiscal and monetary policies to boost the economy after the Finance Ministry and central bank reduced economic stimulus measures amid signs of recovery.
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BoT stresses post-election policy coordination
Somruedi Banchongduang, Published on 12/04/2023
» The Bank of Thailand (BoT) says it is ready to work with the new government on coordinating fiscal and monetary policies now that most stimulus measures introduced during the Covid-19 pandemic are being wound down.
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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.
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Krungthai Compass predicts 22.5m foreign arrivals in 2023
Business, Somruedi Banchongduang, Published on 11/01/2023
» Krungthai Compass, a research unit under Krungthai Bank, expects foreign tourist arrivals in 2023 to more than double the number recorded last year, estimating it will take two years to return to the level posted in 2019.
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