Showing 1-10 of 18 results
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Bank of Thailand gauges effect of handout
Business, Somruedi Banchongduang, Published on 01/09/2023
» The Bank of Thailand expects the Pheu Thai Party's proposed 10,000-baht digital handout scheme will require a total budget of around 500 billion baht, adding 3% to GDP growth next year.
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SCB chief spurns ministerial post
Business, Somruedi Banchongduang, Published on 25/07/2023
» Arthid Nanthawithaya, chief executive of SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), said he would reject the post of finance minister in the incoming government if he were to be offered it.
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Economists weigh in on poll winners
News, Somruedi Banchongduang, Published on 16/05/2023
» The banking sector is recommending the new government prioritise elevating the country's competitiveness through the stimulation of consumption, tourism and private investment.
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Industry group knocks Pheu Thai's 600B minimum wage
Business, Somruedi Banchongduang, Published on 08/12/2022
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is opposing the Pheu Thai Party's pledge to raise the daily minimum wage to 600 baht because it could affect the business sector's competitiveness.
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BBL cuts 2019 credit card growth view
Business, Somruedi Banchongduang, Published on 18/04/2019
» Bangkok Bank (BBL) is set to cut its credit card growth target this year following sluggish performance, weighed down by the domestic political instability.
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K-Research: Next regime needs stimulus
Business, Somruedi Banchongduang, Published on 03/04/2019
» The new government is likely to need short-term economic stimulus packages to boost growth momentum as the global economy lags, says Kasikorn Research Center (K-Research).
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BoT: Politics will not harm GDP growth
Business, Somruedi Banchongduang, Published on 02/04/2019
» Domestic politics are not anticipated to affect the country's economic growth this year because the two main political parties vying to form a coalition government have similar economic policies, says the Bank of Thailand.
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SCB shifts tack to used-car loans as vehicle sales slow
Business, Somruedi Banchongduang, Published on 19/08/2014
» Siam Commercial Bank (SCB), Thailand's third-largest lender by assets, has shifted its auto loan focus to high-yield used-car and refinancing loans in a bid to widen its margin amid sluggish sales of new vehicles.
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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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Banks step up checks on debtors
Business, Somruedi Banchongduang, Published on 18/04/2014
» Credit history checks by banks at the National Credit Bureau (NCB) almost tripled during the first quarter in a sign that lenders have become more prudent as bad loans rise amid the gloomy economy.
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