Showing 21 - 30 of 2,761
Double financing adds to property sector's woes
Business, Somruedi Banchongduang, Published on 20/08/2024
» Higher debt leverage resulting from double financing is making it more difficult for property companies to secure bank loans, forcing some developers to rely on short-term loans from major shareholders.
Finno Efra preps for listing
Business, Somruedi Banchongduang, Published on 20/08/2024
» Krungsri Finnovate (KFin), the corporate venture capital arm of Bank of Ayudhya (Krungsri), has partnered with EfraStructure Co to launch a private equity trust aimed at supporting local startups and investing in tech startups across Asean.
Baht appreciates to below 35 per dollar
Business, Somruedi Banchongduang, Published on 15/08/2024
» The baht appreciated to below 35 per US dollar, driven by a weakening greenback as the market expects a Federal Reserve rate cut following the release of recent US economic data.
UOB stands behind companies' regional expansion efforts
Business, Somruedi Banchongduang, Published on 15/08/2024
» UOB Thailand is committed to supporting large local corporations expanding into Southeast Asia to capitalise on the significant growth potential of regional economies, while also investing in domestic digital technology.
Loan growth slows amid credit crunch
Business, Somruedi Banchongduang, Published on 14/08/2024
» Kasikorn Research Center (K-Research) has slashed its total loan growth projection for the banking industry in 2024 to 1.5% from an earlier forecast of 2.5-3.5%.
To cope with credit risk, Thai banks focus on asset quality
Business, Somruedi Banchongduang, Published on 12/08/2024
» Large local banks anticipate their corporate clients will face heightened challenges in the second half of this year because of global uncertainties and concerns about a potential US recession.
YouTrip eager to grow regional offerings
Business, Somruedi Banchongduang, Published on 10/08/2024
» YouTrip, the Singapore-based fintech firm, is evolving beyond being a travel card service after establishing itself as Southeast Asia's leading multi-currency digital payments platform, demonstrating the fastest growth in the region's business sector.
Mortgage rejection rates likely to persist
Business, Somruedi Banchongduang, Published on 09/08/2024
» Mortgage applications for homes priced below 3 million baht will likely continue to face higher rejection rates over the next two years because of a slowdown in the residential segment.
Bangkok Bank contemplates virtual banking opportunities
Business, Somruedi Banchongduang, Published on 08/08/2024
» Bangkok Bank (BBL) is exploring virtual banking opportunities as it transitions to digital banking services in response to changing customer behaviour.
Bank of Thailand urges banks to help SMEs sustainably transition
Business, Somruedi Banchongduang, Published on 08/08/2024
» The Bank of Thailand (BoT) is encouraging financial institutions to support small and medium-sized enterprises (SMEs) in transitioning to sustainable business practices.