Showing 1-10 of 30 results
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KBank: Minimum 3.9% GDP growth
Business, Pawee Sirimai, Published on 24/11/2017
» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.
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Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
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BoT: Commercial banks' bad loans to peak in Q4
Business, Pawee Sirimai, Published on 11/11/2017
» Commercial lenders' bad loans will peak at just above 3% of loans outstanding this quarter, says a senior Bank of Thailand official.
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Inflation target left untouched
Business, Pawee Sirimai, Published on 20/10/2017
» The Bank of Thailand will maintain its inflation target band of 1-4% for next year on expectations that inflation will fall back to the lower band by mid-2018, says governor Veerathai Santiprabhob.
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Central bank's MPC predicts growth, with caveats
Business, Pawee Sirimai, Published on 12/10/2017
» The Bank of Thailand's rate-setting committee foresees further economic growth but is concerned over rising bad loans in the short term and search-for-yield behaviour increasing amid the low-interest-rate environment.
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Private sector stays cautious on exports
Business, Pawee Sirimai, Published on 06/09/2017
» Thailand's top business group is keeping this year's export forecast at 3.5-4% as it remains cautious over a number of downside risks.
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Warning over labour act risks
Business, Pawee Sirimai, Published on 25/07/2017
» An executive decree to regulate the employment of migrant workers and potential delays in the government's big-ticket infrastructure investment could drag on Thailand's economic growth momentum in the second half, economists caution.
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Card usage dips as nation mourns King
Business, Pawee Sirimai, Published on 23/06/2017
» Visa expects to see spending growth curtailed this fiscal year as consumers have been reluctant to open their wallets during the mourning period that followed the late King's passing in October.
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Global forum urges stronger e-commerce security
Business, Pawee Sirimai, Published on 30/05/2017
» The Payment Card Industry Security Standards Council recommends strong security standards in the payment system in order to foster the e-commerce industry in Thailand.
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BoT: Commercial bank NPLs to peak
Business, Pawee Sirimai, Published on 16/05/2017
» Non-performing loans (NPL) held by Thai commercial banks are expected to peak in 2017 after an economic recovery began late last year, says the Bank of Thailand.
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