Showing 1-10 of 37 results
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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.
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Banks prepare new Central Fraud Registry
Business, Somruedi Banchongduang, Published on 12/01/2023
» The Thai Bankers' Association (TBA) is working to set up the Central Fraud Registry to probe financial fraud in the banking industry.
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KBank sees weaker baht on Fed rate hikes
Business, Somruedi Banchongduang, Published on 22/07/2022
» Kasikornbank (KBank) forecasts the baht will weaken more than previously projected because of the US Federal Reserve's hawkish rate hikes.
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MPC expected to keep policy rate at 0.5%
Business, Somruedi Banchongduang, Published on 21/03/2022
» The Bank of Thailand's Monetary Policy Committee (MPC) is expected to keep its policy rate at the historically low level of 0.5% throughout this year to maintain economic momentum, according to economists.
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NDID to service corporate sector
Business, Somruedi Banchongduang, Published on 11/03/2022
» The National Digital ID (NDID) Co Ltd plans to expand digital identity verification and data-sharing services on its NDID platform to cover the corporate sector.
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BoT decreases growth outlook to 3.2% in 2021
Business, Somruedi Banchongduang, Published on 24/12/2020
» With uncertainties and downside risks remaining, the Bank of Thailand has slashed the country's GDP growth outlook for next year by 0.4 percentage points, attributed chiefly to an anticipated delay in tourism recovery.
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BoT preps more measures for baht
Business, Somruedi Banchongduang, Published on 01/12/2020
» The Bank of Thailand plans to implement additional measures to help manage the baht's appreciation in December as part of a push to forge a new foreign exchange ecosystem.
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BBL thriving after Asean pivot
Business, Somruedi Banchongduang, Published on 21/11/2019
» Despite fading foreign direct investment in China amid the Sino-US trade war, Bangkok Bank (BBL) says its international banking business is thriving from a shift towards Asean.
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Second mortgages fall hard after LTV curbs tame market
Business, Somruedi Banchongduang, Published on 11/10/2019
» Second and subsequent new mortgages, particularly for condo purchases, plunged 39% year-on-year in the three months to June after the central bank's tougher loan-to-value (LTV) regulations came into force in April.
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KBank sees strong baht until year-end
Business, Somruedi Banchongduang, Published on 26/07/2019
» The baht is expected to remain firm to the US dollar for the remainder of this year as offshore funds continue flowing into long-term Thai bonds, even though the Bank of Thailand recently imposed measures to curb the inflows, says a Kasikornbank (KBank) senior executive.
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