Showing 1-10 of 333 results
-
Banks agree to reduce loan rates
Business, Somruedi Banchongduang, Published on 26/04/2024
» Thai banks are set to cut the minimum retail rate (MRR) by 25 basis points for a period of six months, aiming to alleviate the debt burden for vulnerable customers in response to the prime minister asking lenders to lower interest rates for vulnerable groups and small businesses.
-
PromptPay usage hits record high in 2023
Business, Somruedi Banchongduang, Published on 12/04/2024
» Financial transactions via PromptPay, Thailand’s national electronic payment platform, tallied a new high last year, while cash transactions posted a notable decline.
-
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.
-
Currency nosedives amid more seasonal fluctuations
Business, Somruedi Banchongduang, Published on 23/03/2024
» The baht plunged against the US dollar on Friday, primarily influenced by external factors, with seasonal fluctuations expected to exert continued pressure on the local currency, potentially weakening to 37 per dollar during the second quarter.
-
SCB EIC predicts 2 rate cuts in H1
Business, Somruedi Banchongduang, Published on 15/03/2024
» SCB EIC, a research centre under Siam Commercial Bank (SCB), expects the Bank of Thailand to start cutting the policy rate in April because of structural economic problems.
-
Agency records 0.5% year-on-year drop in deposits last year
Business, Somruedi Banchongduang, Published on 27/02/2024
» The value of deposits under the supervision of the Deposit Protection Agency (DPA) in 2023 fell by 0.5% year-on-year, the first decline in a decade, attributed to the top and the bottom-tier deposit segments, said DPA president Songpol Chevapanyaroj.
-
Dip in deposits for 2023
Somruedi Banchongduang, Published on 26/02/2024
» The value of deposits under the supervision of the Deposit Protection Agency (DPA) in 2023 fell by 0.5% year-on-year, the first decline in a decade, attributed to the top and the bottom-tier deposit segments, said DPA president Songpol Chevapanyaroj.
-
Krungsri Research upbeat on economic forecast for Q1
Business, Somruedi Banchongduang, Published on 24/02/2024
» Krungsri Research forecasts the Thai economy will not enter a technical recession as the outlook improved for the first quarter this year.
-
Panel likely to maintain policy rate
Business, Somruedi Banchongduang, Published on 07/02/2024
» The Bank of Thailand is expected to maintain its policy rate at Wednesday's Monetary Policy Committee (MPC) meeting, while the central bank will trim its 2024 growth projections in line with a slower growth trajectory.
-
Central bank set to cut growth outlook
Business, Somruedi Banchongduang, Published on 01/02/2024
» The Bank of Thailand (BoT) is likely to slash the country's gross domestic product (GDP) outlook for 2024 after growth in the fourth quarter of last year was weaker than expected.
Your recent history
-
Recently searched
-
Recently viewed links