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BUSINESS

Bank of Thailand: More than one solution

Business, Pathom Sangwongwanich, Published on 03/03/2020

» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.

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BUSINESS

Best foot forward

Asia focus, Pathom Sangwongwanich, Published on 10/10/2016

» Balance is a word that everybody understands, but not everyone succeeds at applying the concept in life or business. This is not the case with Alexis Nasard, the new CEO of Bata, who has made it his mission to steer the renowned footwear company along a steady and sustainable course.

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BUSINESS

Krungsri remains wary with buffers

Business, Pathom Sangwongwanich, Published on 04/02/2021

» Bank of Ayudhya, branded as Krungsri, plans to continue setting aside loan provisions this year, albeit at a lower rate, to cushion against economic uncertainties.

BUSINESS

TU profits fall 20.2% in Q1 from foreign turmoil

Business, Pathom Sangwongwanich, Published on 06/05/2020

» SET-listed Thai Union Group (TU), a global seafood conglomerate, reported a 20.2% year-on-year fall in first-quarter net profit despite strong sales because of foreign exchange losses and lower equity income.

BUSINESS

Bangkok Insurance to drive business on auto segment

Business, Pathom Sangwongwanich, Published on 30/03/2018

» SET-listed Bangkok Insurance Plc (BKI), a non-life insurance company, targets total premiums to expand by 5% this year, driven by penetration of the retail customer base for auto insurance and Thailand's economic recovery.

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BUSINESS

BoT: Economy failed to reach growth potential

Business, Pathom Sangwongwanich, Published on 04/01/2018

» Thailand's economy gained further traction in 2017, but has not reached its growth potential, while an accommodative monetary policy stance is "necessary" to shore up domestic demand going forward, says the Bank of Thailand.

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BUSINESS

BoT: 4% Q3 growth rests on export bump

Business, Pathom Sangwongwanich, Published on 01/11/2017

» Economic growth in the third quarter could expand by 4% year-on-year propelled by robust export growth, with year-end festivities expected to shore up further growth prospects in the remaining months, says the Bank of Thailand.

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BUSINESS

Bad loans ready to peak

Business, Pathom Sangwongwanich, Published on 12/08/2016

» The surge in bad loans is expected to peak in the third quarter and take a bite out of commercial banks' quarterly earnings, says a senior central bank official.

BUSINESS

SCB aims for 4-6% growth in SME loans for full year

Business, Pathom Sangwongwanich, Published on 27/04/2016

» Siam Commercial Bank (SCB) targets loans in the small and medium-sized enterprise (SME) segment to expand by 4-6% this year while keeping a lid on new SME non-performing loans (NPLs) under 3%.

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BUSINESS

Banks' bad loans surge in Q1

Business, Pathom Sangwongwanich, Published on 14/05/2016

» Commercial banks' non-performing loans (NPLs) rose considerably in the first quarter, mainly attributed to credit cards and businesses, says a senior Bank of Thailand official.