Showing 1-10 of 172 results
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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.
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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.
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SCB EIC calls for long-term restructure
Business, Somruedi Banchongduang, Published on 15/12/2023
» SCB Economic Intelligence Center (EIC), the research arm of Siam Commercial Bank (SCB), has sounded the alarm on lower potential growth for Thailand's economy in the long term, calling for structural reform.
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Troubled debt set to exceed B1tn
Business, Somruedi Banchongduang, Published on 29/11/2023
» The National Credit Bureau (NCB) estimates by year-end, debts in the troubled debt restructuring (TDR) programme could exceed 1 trillion baht as a result of the weaker repayment ability of borrowers.
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Troubled debt set to exceed B1 trillion
Somruedi Banchongduang, Published on 28/11/2023
» The National Credit Bureau (NCB) has estimated by year-end, debts in the troubled debt restructuring (TDR) programme could exceed 1 trillion baht as a result of the weaker repayment ability of borrowers.
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As growth slows, BoT trims 2023 projection
Business, Somruedi Banchongduang, Published on 06/09/2023
» The Bank of Thailand reduced its growth projection for 2023 this month after GDP and the inflation rate were lower than forecast.
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Bank of Thailand foresees further budget delay
Business, Somruedi Banchongduang, Published on 03/08/2023
» The Bank of Thailand expects the fiscal 2023 budget disbursement to be delayed by one more quarter than its previous assessment of one quarter, mainly due to the delay in the formation of the new government.
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BoT considers rate cuts amid debt crisis
Business, Somruedi Banchongduang, Published on 06/07/2023
» The Bank of Thailand is mulling cutting interest rates to help people struggling with debt to exit from a pernicious cycle, says a central bank executive.
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Central bank aims to tackle debt crisis
Business, Somruedi Banchongduang, Published on 04/07/2023
» The Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster.
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Building a digital bank with a human touch
Business, Somruedi Banchongduang, Published on 01/04/2023
» Siam Commercial Bank (SCB) is moving towards digital banking services, though the 117-year-old financial institution still believes in a combination of human quality and technological efficiency, describing its strategy as a "digital bank with a human touch".
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