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Showing 51-60 of 2,764 results
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Clean energy holds short-term promise
Business, Wichit Chantanusornsiri, Published on 15/03/2024
» The government is being urged to make Thailand the regional front-runner for clean energy, promoting the sector as a new economic growth engine.
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A sneak peek at looming debt balloon
Business, Published on 14/03/2024
» Non-performing loans (NPLs), debt accumulation and stagnant purchasing power have weighed on domestic consumption since last year.
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Sentiment declines in February amid high debt
Business, Lamonphet Apisitniran, Published on 14/03/2024
» The Thai Industry Sentiment Index (TISI) fell in February to 90 points from 90.6 the previous month as people remained cautious about spending amid high household debt, says the Federation of Thai Industries (FTI).
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BoT takes more steps to cut household debt
Published on 13/03/2024
» The Bank of Thailand says it is introducing more measures to ensure the success of a debt restructuring to reduce some 16.2 trillion baht in outstanding household debt.
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Industrial sentiment falls on slower demand, exports
Reuters, Published on 13/03/2024
» The Thai industrial sentiment index fell slightly in February due to slower domestic demand and exports, though tourism lent some support, the Federation of Thai Industries (FTI) said on Wednesday.
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Krungsri Auto expects flat growth
Business, Lamonphet Apisitniran, Published on 13/03/2024
» While the 45th Bangkok International Motor Show later this month should ramp up electric vehicle (EV) sales, new auto loans from Krungsri Auto, the country's largest auto loan provider, will grow only 0.4% year-on-year in 2024, says Congsin Congcar, the head of Krungsri Auto Group.
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Mortgage rejection rate soars after pandemic
Business, Somruedi Banchongduang, Published on 12/03/2024
» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.
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TTB's Responsible Lending Paves Path to Sustainable Banking
Published on 11/03/2024
» Chairman of TMBThanachart (TTB) unveils the 2024 strategic plan, focusing on products and services development through Ecosystem Play, utilising digital channels as the primary platform for developing and managing personalised customer relationships. Aligned with the government’s policy to alleviate Thais’ debt burdens, the TTB strategy underscores Responsible Lending and Transition Finance to assist clients in transitioning to eco-friendly business models. This reinforces the Bank’s commitment to sustainable banking and enhancing the financial well-being of Thai people, with the Bank’s goal of achieving Net-zero Commitment.
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Analysts predict policy rate cut next month
Business, Nareerat Wiriyapong, Published on 08/03/2024
» The Bank of Thailand is expected to tweak the policy rate as early as its next meeting in April, reducing the rate 0.25 percentage points as inflation continues to decline as a result of the government's electricity price subsidies and stalled economic growth, say analysts.
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Industry panel bullish on Q2 outlook
Business, Published on 07/03/2024
» The Thai economy, which is expected to grow slowly this year, should improve in the second quarter thanks to state budget spending and easing tension in the Red Sea region, says the Joint Standing Committee on Commerce, Industry and Bangkok (JSCCIB).
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