Showing 1-10 of 48 results
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BoT nears QAB deal with Malaysians
Business, Pawee Sirimai, Published on 29/11/2017
» The Bank of Thailand expects to reach a conclusion with Bank Negara Malaysia on long-awaited Qualified Asean Banking (QAB) criteria soon, paving the way for indigenous banks in one country to operate in the other and receive similar treatment as local banks.
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Q3 growth of 3.7-4% forecast
Business, Pawee Sirimai, Published on 20/11/2017
» Thailand's economic growth is expected to expand by 3.7-4% during the three months to September mainly because of stronger growth in exports and tourism, say economists.
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MTI testing new product for app that tracks driving risk
Business, Pawee Sirimai, Published on 15/11/2017
» Muang Thai Insurance Plc (MTI) will use its customers' driving behaviour data tracked on its new mobile application to determine car insurance premiums, starting from the third quarter of 2018.
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BoT: Commercial banks' bad loans to peak in Q4
Business, Pawee Sirimai, Published on 11/11/2017
» Commercial lenders' bad loans will peak at just above 3% of loans outstanding this quarter, says a senior Bank of Thailand official.
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Unlocking your home's equity
Business, Pawee Sirimai, Published on 06/11/2017
» A reverse mortgage is a powerful source of income for retirees. It helps them cover daily living expenses and healthcare costs by converting their home equity into cash with no repayment of the loan until the borrower dies or the home is sold.
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Standard Chartered sees 3.6% growth
Business, Pawee Sirimai, Published on 19/10/2017
» Standard Chartered Bank forecasts the Thai economy will grow 3.6% this year, underpinned by strong export growth, while lower political uncertainty is expected to push GDP growth to 4.3% in 2018.
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Bucking the crowd
Business, Pawee Sirimai, Published on 09/09/2017
» In 2013, Santitarn Sathirathai, an economist at Credit Suisse, rang the alarm bell on Indonesia's investment boom, saying a golden era was coming to an end and a slowdown in economic growth was brewing for Southeast Asia's largest economy.
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World Bank ups Thai GDP forecast
Business, Pawee Sirimai, Published on 25/08/2017
» The World Bank has a more bullish view on Thai economic growth, raising its estimate to 3.5% this year and 3.6% in 2018 after a stronger-than-expected first half for exports and tourism.
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BoT mulls further anti-speculation steps
Business, Pawee Sirimai, Published on 22/08/2017
» The Bank of Thailand may consider additional measures to curb baht speculation after occasional increases in the volume of foreign exchange transactions have been detected, says a senior official at the central bank.
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Experts disagree on momentum in Q2
Business, Pawee Sirimai, Published on 15/08/2017
» Economists are divided on second-quarter growth, with some saying it could be the largest quarterly jump this year as exports are expected to lose steam for the rest of this year.
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