Showing 1 - 10 of 34
Asset managers post mixed results
Business, Somruedi Banchongduang, Published on 23/05/2024
» Two bad asset management companies reported lower net profits in the first quarter this year, attributed to higher expected credit losses (ECL) amid a fragile economic recovery.
Central bank urges banks to help vulnerable
Business, Somruedi Banchongduang, Published on 25/04/2024
» The Bank of Thailand (BoT) is allowing commercial banks to adapt their business models to help vulnerable customers, in response to the prime minister's directive urging large local banks to lower lending interest rates for vulnerable groups and small businesses.
Call for better integration of the informal economy
Business, Somruedi Banchongduang, Published on 20/02/2024
» The Thai Bankers' Association (TBA) is urging the government to bring the informal economy into the economic system to promote transparency and support the country's digital economy.
Minimum wage hike seen reducing poverty
Business, Somruedi Banchongduang, Published on 20/09/2022
» Krungthai Compass, a research unit under Krungthai Bank, expects the minimum wage increase to reduce the number of poor workers, improve their income, and broadly support long-term Thai economic growth.
World Bank: 1.5m fell into poverty
Business, Somruedi Banchongduang, Published on 21/01/2021
» Around 1.5 million Thais were estimated to enter into poverty in 2020 due to the pandemic, says the World Bank.
TDRI seeks prompt bureaucratic reform
Business, Somruedi Banchongduang, Published on 06/10/2020
» Bureaucratic reform is urged to improve the country's competitiveness and people's well-being in preparation for changes in the global economy, says the Thailand Development Research Institute (TDRI).
Filling a prescription for career success
Business, Somruedi Banchongduang, Published on 04/04/2020
» Like many graduates who embark on a career to match the degree they earned, Pipit Aneaknithi started out as a pharmacist until his passion to make a difference turned him into a banker.
CIMBT mulls converting 7-Eleven branches to agents
Business, Somruedi Banchongduang, Published on 28/11/2018
» CIMB Thai Bank (CIMBT) may close its three outlets at 7-Eleven stores and turn them into banking agents instead.
Beating back debt beasties
Business, Somruedi Banchongduang, Published on 12/11/2018
» A recent news item captured public attention about a female school director in Kamphaeng Phet province who guaranteed student loan fund (SLF) debt for her 60 students, 21 of whom defaulted. After her finances ran dry, the court ordered seizure of her assets, a stark reminder that debt can ruin even a guarantor's life.
Thai Credit Retail Bank sticks with organic growth to double
Business, Somruedi Banchongduang, Published on 16/10/2018
» Thai Credit Retail Bank (TCRB) wants to continue growing organically, aiming to almost double net profit in the next few years and more than double its asset size.