Showing 1 - 10 of 61
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.
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.
Investors eyeing tech startups
Business, Somruedi Banchongduang, Published on 13/06/2023
» Japanese investors are interested in Thai tech startups, supporting their business expansion to regional markets, says an executive of Bank of Ayudhya (Krungsri).
UOB chief champions rise of sustainable financing
Somruedi Banchongduang, Published on 24/05/2023
» United Overseas Bank (UOB) has developed green frameworks to provide companies with simplified access to green and sustainable financing so that they can build resilient businesses, said Tan Choon Hin, president and CEO of UOB Thailand.
Bad mortgage loans rise amid rate hikes
Business, Somruedi Banchongduang, Published on 23/05/2023
» Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates, with the Bank of Thailand encouraging banks to help borrowers through debt restructuring.
Beacon VC estimates 15 investment deals worth $28m
Business, Somruedi Banchongduang, Published on 01/03/2023
» Beacon Venture Capital (Beacon VC), the corporate VC arm of Kasikornbank (KBank), expects to complete 15 investment deals worth US$28 million this year both locally and internationally.
K-Research sees slight dip in debt
Business, Somruedi Banchongduang, Published on 24/02/2023
» Kasikorn Research Center (K-Research) forecasts household debt-to-GDP will decline to 84-86.5% this year from 86.8% in 2022.
Agency preps operations for new deposit variety
Business, Somruedi Banchongduang, Published on 20/01/2023
» The Deposit Protection Agency (DPA) plans to safeguard customers' accounts at the proposed virtual banks, with the agency preparing its internal operations in line with this new offering.
BoT issues warning on cybercrime
Business, Somruedi Banchongduang, Published on 19/01/2023
» The Bank of Thailand has warned banks and consumers to keep up their guard against an elevated risk of financial cybercrime.