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MOTORING

Auto loan segment volatile

Somruedi Banchongduang, Published on 20/01/2024

» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.

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GENERAL

CEOs voice concerns for 2024

Business, Post Reporters, Published on 02/01/2024

» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.

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GENERAL

SCB assesses its digital future

Business, Somruedi Banchongduang, Published on 07/10/2023

» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.

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GENERAL

Improving the auto loan sector's standards

Business, Somruedi Banchongduang, Published on 26/08/2023

» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.

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GENERAL

Thailand pushes yuan, ringgit use to curb baht volatility

Bloomberg News, Published on 08/08/2023

» Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb wild swings in the baht against the United States dollar, according to a central bank official.

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BUSINESS

Deputy premier hopeful for 2023

Business, Published on 28/10/2022

» Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.

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TECH

ETDA defends royal decree regulating digital platforms

Business, Suchit Leesa-nguansuk, Published on 17/03/2022

» The Electronic Transactions Development Agency (ETDA) has defended the merits of the draft royal decree meant to regulate digital platforms, saying the legislation will help strike a balance between consumer protection and business interests in the country.

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BUSINESS

Oil, war, pandemic: Economic costs mount

Business, Published on 14/03/2022

» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

THAILAND

Asean urged to ramp up migrant screening

News, Published on 25/04/2020

» Diplomatic and economic experts are calling on countries in the region to step up the screening of migrant workers in the future to prevent the transmission of diseases like Covid-19.

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BUSINESS

Central bank plans steps to curb strong baht

Reuters, Published on 10/10/2019

» Thailand is not in recession but growing below potential and the central bank is ready to take action if needed, while there are also plans for further measures to curb the baht's strength, central bank and government officials said on Thursday.