Showing 1-10 of 170 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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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.
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Baht strengthens as Fed expected to stay put
Business, Somruedi Banchongduang, Published on 31/01/2024
» The baht gained against the softening US dollar as some investors expect the US Federal Reserve to maintain its policy rate at its meeting scheduled for this week.
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Bank of Thailand comfortable with current interest rates
Business, Somruedi Banchongduang, Published on 16/01/2024
» The Bank of Thailand (BoT) says the existing policy rate remains appropriate for economic recovery, while inflation is projected to stay within the target range.
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Thailand faces 20 years of low growth
Business, Somruedi Banchongduang, Published on 16/12/2023
» The World Bank expects Thailand's potential growth to be the lowest among Asean economies over the next 20 years because of the country's ageing demographics and a slowdown in private investment.
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BoT monitors fundraising after rate hikes
Business, Somruedi Banchongduang, Published on 14/12/2023
» The Bank of Thailand plans to closely monitor the fundraising ability of the business sector following tighter financial conditions related to interest rate hikes.
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Krungsri Auto hikes rates for car loans
Somruedi Banchongduang, Published on 21/11/2023
» Krungsri Auto, the country's largest auto loan service provider, has lifted its interest rates in line with the Bank of Thailand's policy rate hikes.
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Baht set to rise next week
Business, Somruedi Banchongduang, Published on 18/11/2023
» The baht is expected to rise to 35 to the US dollar next week as the greenback weakens after investors forecast an end to Federal Reserve rate hikes.
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Interest income to drive banking profits
Business, Somruedi Banchongduang, Published on 19/10/2023
» Kasikorn Research Center (K-Research) expects total net banking profits to rise to around 190 billion baht for the first nine months of this year, supported by rising interest income in line with policy rate hikes.
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KTC sets out growth plans for 2024
Business, Somruedi Banchongduang, Published on 17/10/2023
» Krungthai Card (KTC) has set ambitious business growth targets for next year amid greater uncertainties, especially economic circumstances and regulatory risk.
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