Showing 1-10 of 72 results
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TBA unveils package for operators hit by triple whammy
Business, Somruedi Banchongduang, Published on 26/02/2020
» The Thai Bankers' Association (TBA) has come up with a comprehensive assistance package that includes a grace period for principal loan payment with a maximum of one year for tourism operators, exporters, importers, supply chain operators and individuals affected by the coronavirus epidemic and the country's flagging economy.
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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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TBA to seek measures for sector hit by virus
Business, Somruedi Banchongduang, Published on 19/02/2020
» The Thai Bankers' Association (TBA) has planned a meeting for on Wednesday to seek additional measures for tourism and related business operators battered by the coronavirus epidemic.
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Baht expected to continue its slide
Business, Somruedi Banchongduang, Published on 22/09/2023
» Economists are warning the baht will weaken further throughout this month and next because of higher volatility in money and capital markets worldwide after the US Federal Reserve's hawkish comments about its benchmark interest rate.
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Politics plays a role in baht drift
Business, Somruedi Banchongduang, Published on 17/08/2023
» Prolonged political uncertainty is exacerbating baht volatility against the dollar as Thailand still has not formed a new government, says the head of the Bank of Thailand.
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Krungsri anticipates uptick in baht volatility
Business, Somruedi Banchongduang, Published on 07/07/2023
» Bank of Ayudhya, which markets itself as Krungsri, predicts the baht will be more volatile amid several uncertainties both internal and external.
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Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
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Interest rates forecast to continue rising
Business, Somruedi Banchongduang, Published on 05/06/2023
» Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers.
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Coalition delays seen as threat to growth
Business, Somruedi Banchongduang, Published on 08/06/2023
» The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.
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HSBC Thailand prepares strategy for expansion
Business, Somruedi Banchongduang, Published on 02/06/2023
» HSBC Thailand aims to raise fresh funds and secure an additional licence in preparation for local business expansion in line with the country's economic growth.
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