Showing 1 - 10 of 29
Kasikornbank turns to AI, prudent lending as Thailand's economy slows
Reuters, Published on 13/11/2025
» SINGAPORE - Thailand's second largest lender Kasikornbank (KBank) is leaning on artificial intelligence (AI) and prudent lending to navigate economic headwinds and fraud risks, its chief executive Kattiya Indaravijaya told Reuters on Thursday.
Thai EV sales could jump 40% in 2025
Reuters, Published on 31/01/2025
» Thailand is bracing for an extended electric vehicle (EV) price war triggered by a surge in local production from Chinese car makers, a move likely to deal a further blow to a domestic auto industry already struggling with tumbling sales, industry experts said.
Auto sector reels from falling orders, soaring household debt
Reuters, Published on 25/09/2024
» Thailand's US$53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives.
Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.
KBank in talks to buy Vietnam lender in up to $1bn deal
Reuters, Published on 23/08/2023
» HANOI/SINGAPORE - Thailand's second-biggest lender Kasikornbank (KBank) is in talks to buy consumer finance provider Home Credit Vietnam in a deal worth up to US$1 billion that would further its push to expand in Vietnam, two sources said.
GDP notches fastest growth in a year on eased pandemic curbs
Reuters, Published on 15/08/2022
» Thailand's economy expanded at the fastest pace in a year in the second quarter as eased Covid-19 restrictions boosted activity and tourism, but multi-year high inflation and China's slowdown remain a drag on the nascent recovery.
Baht falls as BoT remains dovish, Asian stocks rise
Reuters, Published on 22/07/2022
» The baht extended losses on Friday after the country's central bank said inflation was under control and that future rate hikes would be strictly data-driven, bucking a firmer trend among regional currencies.
SCB, AIS shares jump over online lending JV
Reuters, Published on 22/09/2021
» Shares in Thailand's third largest lender, Siam Commercial Bank Plc (SCB) jumped in morning trading on Wednesday, following its announcement of a joint venture with the country's top mobile network, Advanced Info Service Plc (AIS).
Prayut asks Bank of Thailand to lower rates for credit cards, loans
Reuters, Published on 15/06/2021
» The government has asked the central bank to review interest rates for credit cards and personal loans to try to tackle high household debt, the prime minister said on Tuesday, sending bank shares falling.
PromptPay links up with Singapore's PayNow
Reuters, Published on 29/04/2021
» The Bank of Thailand (BOT) and the Monetary Authority of Singapore (MAS) launched on Thursday a linkage of Thailand’s PromptPay and Singapore's PayNow real-time retail payment systems.