Showing 1-10 of 14 results
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Political turmoil blamed for GDP losses
Business, Somruedi Banchongduang, Published on 28/08/2018
» Thailand's political uncertainty over the past 20 years took a toll on the country's economic growth, shaving off 0.4 percentage points per year on average and depressing growth below its potential, according to a joint survey by the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier).
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Back for some home cooking
Business, Somruedi Banchongduang, Published on 16/12/2017
» Tech whiz Orapong Thien-Ngern recently stepped down from his position as managing director of Microsoft Thailand to lead Siam Commercial Bank (SCB) as it heads for the dangerous waters of fintech.
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SCB cautious over new SME loans
Business, Somruedi Banchongduang, Published on 12/02/2016
» Siam Commercial Bank (SCB) will remain judicious when approving new SME loans to ensure its non-performing loan (NPL) ratio remains unchanged this year.
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BBL seeks 15% growth
Business, Somruedi Banchongduang, Published on 11/03/2015
» Bangkok Bank (BBL) is striving for 15% mortgage loan growth this year as it does not see the draft bill on land and buildings tax as a concern to home buyers.
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SME confidence slips in fourth quarter
Business, Somruedi Banchongduang, Published on 27/01/2015
» Confidence among small and medium-sized enterprises (SMEs) regarding business circumstances slipped in last year's fourth quarter, although expectations for this quarter have improved marginally.
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LH Bank on mortgage alert
Business, Somruedi Banchongduang, Published on 15/12/2014
» Land and Houses Bank (LH Bank) expects its mortgage loans outstanding to shrink by 1.5 billion baht this year as ballooning household debt and the sluggish economy have compelled the bank to tighten its housing loan approval criteria.
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SME expectations finally on the rise
Business, Somruedi Banchongduang, Published on 23/07/2014
» The small and medium-sized enterprises (SMEs) expectation index improved in June for the first time since the country fell into a political tailspin. The rising sentiment adds to signs the economy is on the road to recovery following the end of the political turmoil.
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Local Visa unit reins in foreign goal
Business, Somruedi Banchongduang, Published on 15/07/2014
» Visa International (Thailand) expects marginal growth of only 5% of its card spending from foreigners visiting Thailand this year because the continuation of martial law is causing many countries to keep their travel warning here, said country manager Somboon Krobteeranon.
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Ayudhya Capital confident
Business, Somruedi Banchongduang, Published on 27/06/2014
» Ayudhya Capital Auto Lease, a lender under the Krungsri Auto brand, is maintaining this year's new-loan growth target of 8% for motorcycles despite an expected fall in sales.
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SCB keeps loan outlook at 5% this year
Business, Somruedi Banchongduang, Published on 24/06/2014
» Siam Commercial Bank (SCB) expects its loan demand to pick up to a normal level in the final quarter this year in the wake of improving investor and consumer confidence following the junta's rapid moves to address economic and political problems.
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