Showing 11 - 20 of 45
BoT: 2.5% growth in 2019 likely
Business, Oranan Paweewun, Published on 31/12/2019
» Thailand's economic growth is expected to close at 2.5% in the October-to-December quarter, leading the full-year figure to achieve the central bank's forecast of 2.5%, though risk remains to the downside, says a senior official.
State banks enticing homebuyers
Business, Oranan Paweewun, Published on 09/12/2019
» Buying a home is the biggest purchase of most people's lives, and a mortgage the largest debt most will bear. Locking in cheap home loans can save money on interest payments over time and allow borrowers to spend less time paying off the debt.
BoT upbeat on fourth-quarter outlook
Business, Oranan Paweewun, Published on 30/11/2019
» Even though the economy got off to a rough start in the fourth quarter, the Bank of Thailand remains optimistic that the period's reading will fare better than the third quarter's.
Building the best health plan
Business, Oranan Paweewun, Published on 04/11/2019
» Naris Sakdapolrak, a retired engineer aged 72, had been diagnosed with mitral regurgitation, a heart problem whose remedy costs could reach millions of baht at private hospitals. So he decided to use his medical treatment rights under universal healthcare coverage, better known as the "gold card", and sought treatment at Bhumibol Adulyadej Hospital, according to information from the National Health Security Office (NHSO).
Playing your hand right
Business, Oranan Paweewun, Published on 17/06/2019
» Credit cards offer many benefits if they are used wisely, including rewards, cash back, discounts and other perks on top of their main feature of buy now, pay within a month. The key is not to spend more than you have, because the interest rates on debt are steep.
GSB seeks nod for mortgage measures
Business, Oranan Paweewun, Published on 06/06/2019
» Measures by Government Savings Bank (GSB) to ease mortgage requirements are scheduled to seek board approval on June 18 to comply with the government's policy to help homebuyers better access financial sources in the wake of the central bank's tighter regulations.
Lending spigot still open despite LTV curbs
Business, Oranan Paweewun, Published on 25/05/2019
» Commercial banks' mortgage lending showed signs of slowing down in April after new loan-to-value (LTV) curbs took effect, but net loans in overall categories continued to grow for a third straight month, says Kasikorn Research Center (K-Research).
Central bank's net loss shrank to B154bn in 2018
Business, Oranan Paweewun, Published on 26/04/2019
» The Bank of Thailand's net loss narrowed to 154 billion baht in 2018 from 271 billion in the previous year, largely due to interest earned from foreign reserve investment surpassing interest paid for the first time in several years.
Small deposits add up
Business, Oranan Paweewun, Published on 22/04/2019
» The US Federal Reserve's dovish signal of the end of the current rate hike cycle, a slackening of momentum for Thailand's economic growth amid risks from the global economic slowdown and domestic political instability, and the liquidity surplus in the local financial system suggest that low interest rates will persist for an extended period.
Ensuring a comfortable nest egg
Business, Oranan Paweewun, Published on 11/03/2019
» Most retirees rely on savings accumulated over their working life, but longer life expectancy and higher costs of living could fan fears that the nest egg will come up short.