Showing 1-8 of 8 results
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Breaking the bonds of debt
Business, Oranan Paweewun, Published on 16/03/2020
» Thai household borrowing rose to 13.2 trillion baht at the end of September 2019 from 12.8 trillion baht at the end of 2018, with the ratio relative to GDP climbing to 79.1% from 78.6%. These figures suggest many people are drowning in debt.
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BoT: 2.5% growth in 2019 likely
Business, Oranan Paweewun, Published on 31/12/2019
» Thailand's economic growth is expected to close at 2.5% in the October-to-December quarter, leading the full-year figure to achieve the central bank's forecast of 2.5%, though risk remains to the downside, says a senior official.
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The 2020 guide to market moves
Business, Oranan Paweewun, Published on 16/12/2019
» As the new year approaches, it's time to turn our thoughts to establishing financial goals and investment resolutions.
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BoT upbeat on fourth-quarter outlook
Business, Oranan Paweewun, Published on 30/11/2019
» Even though the economy got off to a rough start in the fourth quarter, the Bank of Thailand remains optimistic that the period's reading will fare better than the third quarter's.
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GSB seeks nod for mortgage measures
Business, Oranan Paweewun, Published on 06/06/2019
» Measures by Government Savings Bank (GSB) to ease mortgage requirements are scheduled to seek board approval on June 18 to comply with the government's policy to help homebuyers better access financial sources in the wake of the central bank's tighter regulations.
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Facial recognition for e-KYC nears debut
Business, Oranan Paweewun, Published on 21/02/2019
» The Bank of Thailand expects 10 financial and non-financial institutions testing out facial recognition for electronic Know Your Customer (e-KYC) technology in the regulatory sandbox to exit this stage, paving the way for banks to offer passbook account opening through mobile banking apps in the next quarter.
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CIMBT: 2019 growth to slow as election stokes uncertainty
Business, Oranan Paweewun, Published on 12/12/2018
» Thai economic growth is expected to cool to 3.7% in 2019 from a 4% forecast for 2018, while the general election could be a threat in the short run as foreign investors hold off on plans as they await the outcome, says a senior economist at CIMB Thai Bank (CIMBT).
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A mostly sunny Thai forecast
Business, Oranan Paweewun, Published on 28/12/2017
» Even though the Thai economy grew at a faster pace than expected for the nine months to September and is headed for 4% growth for the full year, policymakers and economists have painted a picture of cautious optimism for next year's outlook because of the many challenges lying ahead.
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