Showing 1 - 10 of 25
SCB reduces lending rates across the board
Business, Somruedi Banchongduang, Published on 01/03/2025
» Siam Commercial Bank (SCB) has announced a reduction of its maximum loan rate by 25 basis points (bps), aligning with the Bank of Thailand's recent policy rate cut.
Economists expect vote for rate cut
Business, Somruedi Banchongduang, Published on 09/04/2024
» Economists anticipate the Bank of Thailand will opt to lower its policy rate on Wednesday, giving a short-term boost to the country's economy, which has been hindered by delays in budget disbursement.
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.
Online voting registration heralded
Business, Somruedi Banchongduang, Published on 05/05/2023
» Allowing eligible citizens to register for online voting in the upcoming general election is a good start as Thailand shuffles towards e-government, according to advisors.
BoT slashes GDP view on export woes
Business, Somruedi Banchongduang, Published on 19/12/2019
» The Bank of Thailand left the policy rate unchanged at a record low but offered a grim outlook by cutting forecasts for economic growth to 2.5% for this year and 2.8% the next as the US-China trade spat continues to hurt exports.
MPC set to stand pat on rate until next year
Business, Somruedi Banchongduang, Published on 27/07/2019
» The Bank of Thailand's rate-setting panel is expected to stand pat on the policy rate throughout this year before resuming normalisation next year, according to Standard Chartered Bank (Thai).
World Bank trims growth view to 3.5%
Business, Somruedi Banchongduang, Published on 07/06/2019
» The World Bank has cut its Thai economic growth forecast for 2019 to 3.5% and plans to review the economic outlook again after a new cabinet line-up is announced.
BoT: Politics will not harm GDP growth
Business, Somruedi Banchongduang, Published on 02/04/2019
» Domestic politics are not anticipated to affect the country's economic growth this year because the two main political parties vying to form a coalition government have similar economic policies, says the Bank of Thailand.
BoT tempers GDP outlook
Business, Somruedi Banchongduang, Published on 21/03/2019
» The Bank of Thailand is less optimistic about the country's economic outlook, trimming its 2019 growth forecast to 3.8% from 4% amid sluggish export demand and keeping the policy rate unchanged as widely expected.
KK decelerates lending on uncertainty
Business, Somruedi Banchongduang, Published on 31/01/2019
» Kiatnakin Bank (KK) has set a conservative lending growth target of 8% this year, far below last year's 18.5% increase, amid several uncertainties, particularly the possibility of new lending regulations.