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Search Result for “foreign banks”

Showing 61 - 70 of 4,731

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MOTORING

Thailand motorcycle sales could slip

Yuthana Praiwan, Published on 09/02/2024

» Thai Honda Co, a manufacturer and distributor of motorcycles, expects domestic sales to dip slightly this year to 1.7-1.75 million units because of rule changes enforced to control high household debt.

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GENERAL

Singaporeans flock to Malaysia for bargains as dollar hits record high

Bloomberg News, Published on 08/02/2024

» SINGAPORE - Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.

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OPINION

Soft or hard landing for Thai economy?

News, Chartchai Parasuk, Published on 08/02/2024

» Personally, I am sure the Thai economy will crash this year. I can even estimate the time when the crash will start. It is likely to be the month of May as several big economic bombs will explode that month. Confirmation of this belief came in December 2023's economic data. The most disturbing part is industry's capacity utilisation rate of 56.2% (seasonally adjusted), which is the second lowest in the world. The world's lowest is Nigeria!

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GENERAL

Central bank seen resisting rate-cut pressure

Bloomberg News, Published on 07/02/2024

» The Bank of Thailand (BoT) will probably keep its benchmark rate steady at more than a decade-high on Wednesday, resisting political pressure for a cut as the monetary authority is wary of lowering borrowing costs too soon.

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GENERAL

Bid to accelerate development of Open ThaiGPT project

Suchit Leesa-nguansuk, Published on 07/02/2024

» Thailand is accelerating the development of the Open ThaiGPT project, hoping the country can avoid heavy reliance on foreign technologies in the area of artificial intelligence (AI).

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MOTORING

Auto sector faces bumpy sales

Lamonphet Apisitniran, Published on 05/02/2024

» The automotive industry is expected to have unequal sales growth this year, driven by motorists' changing lifestyles and choices by lenders.

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GENERAL

Singapore banking leader Wee Cho Yaw dies at 95

Published on 03/02/2024

» Wee Cho Yaw, the billionaire who shaped Singapore’s financial landscape by amalgamating several old family-controlled banks, has died. He was 95.

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GENERAL

Yuan loans likely to rise for Thai firms

Business, Somruedi Banchongduang, Published on 03/02/2024

» HSBC Thailand expects higher demand for yuan borrowing from large Thai corporates, in line with positive growth of cross-border trade and investment between Thailand, China and Hong Kong.

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GENERAL

Giving credit to Thai Credit's fundamentals

Business, Nuntawun Polkuamdee, Published on 03/02/2024

» Scheduled to list on the Stock Exchange of Thailand next Friday, Thai Credit Bank Plc (CREDIT) is set to become the first banking initial public offering (IPO) stock in a decade and the 12th bank listed on the bourse.

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OPINION

A new policy agenda for Asia

Oped, Published on 01/02/2024

» The global economic landscape is changing fast. Scarring from the Covid-19 pandemic has weakened potential growth, making slower income gains the new normal for many countries.