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Search Result for “bloomberg news”

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BUSINESS

Panel puts flood income loss at B30bn this month

Business, Somruedi Banchongduang, Published on 04/12/2025

» The private sector estimates the deadly floods in the South have caused income losses of 20-30 billion baht, weighing on GDP growth in the final quarter of this year.

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SUSTAINABILITY

Low-carbon economy looms

Business, Somruedi Banchongduang, Published on 17/11/2025

» Thailand's carbon-intensive industries are under growing pressure to fast-track their green transition after the new government announced an ambitious plan to accelerate the country's net zero goal by 15 years, from 2065 to 2050.

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BUSINESS

Bank of Thailand urged to address strong baht

Business, Somruedi Banchongduang, Published on 22/10/2025

» Business operators have renewed calls for the Bank of Thailand to address the baht's strength, saying an exchange rate of 34-35 baht per US dollar would be more favourable for exports.

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BUSINESS

New Bank of Thailand chief pledges more help for household debtors

Somruedi Banchongduang, Published on 10/10/2025

» The new governor of the Bank of Thailand has vowed to focus more on targeted measures alongside monetary policy to deliver tangible results and provide meaningful support to the public.

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BUSINESS

Structural reforms key to solving debt, say bankers

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.

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BUSINESS

KBank reports every loan segment stalls in first 5 months

Business, Somruedi Banchongduang, Published on 29/05/2025

» Kasikornbank (KBank) has reported loan growth slowed during the first five months of this year, with all loan segments affected by sluggish economic conditions and uncertainty surrounding US tariff hikes.

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BUSINESS

BoT clamps down on mule accounts

Business, Somruedi Banchongduang, Published on 31/01/2025

» The Bank of Thailand is tightening rules for financial transactions to control mule accounts and plans to extend stricter measures to include digital assets and e-wallets in the next phase.

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PROPERTY

Mortgage bad-debt rate climbs

Somruedi Banchongduang, Published on 27/08/2024

» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.

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BUSINESS

Banks note rising profits

Business, Somruedi Banchongduang, Published on 20/04/2024

» Bangkok Bank (BBL) and SCB X reported slight increases in their net profits in the first quarter this year, fuelled by higher net interest income, but tempered by a rise in loan-loss reserves.

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BUSINESS

SCB, Krungthai prepare for potential Italian-Thai loan losses

Business, Somruedi Banchongduang, Published on 10/04/2024

» Siam Commercial Bank (SCB) and Krungthai Bank (KTB) have allocated provisions for potential loan losses related to Italian-Thai Development Plc (ITD), aligning with the asset quality of one of the country's leading contractors.