Showing 1 - 10 of 18
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.
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.
BoT hints at rate hike
Business, Somruedi Banchongduang, Published on 14/06/2022
» Increasing the policy interest rate should not happen too late because inflation continues to rise, says Bank of Thailand governor Sethaput Suthiwartnarueput.
BoT backs borrowings
Business, Somruedi Banchongduang, Published on 17/08/2021
» The Bank of Thailand (BoT) is urging the government to borrow an additional 1 trillion baht to address the severe economic impact of the Covid-19 pandemic and boost the country's long-term growth prospects.
SCB rethinks operations for profits
Business, Somruedi Banchongduang, Published on 10/03/2021
» Siam Commercial Bank (SCB) is prepared to further expand and digitise businesses in a bid to enhance profitability and return on equity (ROE).
MPC may cut rate on shaky recovery
Business, Somruedi Banchongduang, Published on 09/12/2020
» The Bank of Thailand's Monetary Policy Committee (MPC) could cut the policy rate in next year's first quarter if the economic recovery is shaky, says Kasikorn Research Center (K-Research).
SEC says IPO plans signal good faith
Business, Somruedi Banchongduang, Published on 15/08/2020
» Investor sentiment has improved after the government eased lockdown measures, with IPO filings to list on the Thai bourse remaining at a normal proportion, says the Securities and Exchange Commission (SEC).
KBank rejigs management team
Business, Somruedi Banchongduang, Published on 26/08/2020
» Kasikornbank (KBank) is adjusting its management team in preparation for post-pandemic conditions and to fill the void left by former co-president Predee Daochai.
IMF, EIC predict growth of less than 3%
Business, Somruedi Banchongduang, Published on 09/10/2019
» The IMF forecasts Thailand's GDP growth to slow to 2.9% this year before improving marginally to 3% in 2020, while the Economic Intelligence Center (EIC) under Siam Commercial Bank (SCB) sees growth of 2.8% for this year and next.
BoT clarifies loans under debt restructuring scheme
Business, Somruedi Banchongduang, Published on 10/10/2019
» The Bank of Thailand insists that banks, under the new financial accounting standard, can extend fresh working capital loans to commercial loan defaulters who are in the debt restructuring process without loan-loss provision requirements for the new loans.