Showing 1 - 10 of 30
Gold surges as US capture of Venezuelan president spurs safe-haven demand
Reuters, Published on 05/01/2026
» DELHI - Gold prices climbed on Monday and other precious metals surged, after the United States captured Venezuelan President Nicolas Maduro over the weekend, escalating geopolitical tensions and lifting safe-haven demand.
Auto loans likely static for rest of 2025
Nareerat Wiriyapong, Published on 15/10/2025
» Auto hire-purchase lending is likely to remain flat in the second half of 2025 despite falling interest rates and competitive new car pricing, says Tris Rating, citing cautious lending practices, weak consumer purchasing power, a glut of used cars and limited truck demand.
Firm registrations hit by US levies
Business, Phusadee Arunmas, Published on 30/07/2025
» New business registrations are projected to stagnate at 85,000 this year, similar to 2024, due to US tariffs that could affect exports in the latter half, according to the Department of Business Development (DBD).
Bank of Thailand to supervise loans for hire purchase, leasing
Somruedi Banchongduang, Published on 12/06/2025
» The Bank of Thailand (BoT) may take over the regulation of fees and interest rates for auto hire-purchase and leasing loans, replacing the Office of the Consumer Protection Board (OCPB) under a new law.
Auto lease adjustment causes a kerfuffle
News, Somruedi Banchongduang, Published on 10/06/2025
» Auto leasing business operators have shown varying levels of readiness to comply with the Bank of Thailand's regulations following a recent amendment to a royal decree on auto hire-purchase businesses.
SCCC Reports Impressive H1 2024 Results Amid Multiple External Challenges
Published on 07/08/2024
» Siam City Cement Public Company Limited (SCCC), a leading player in the cement industry for over five decades, has reported an impressive financial performance for the first half of 2024, demonstrating significant growth and strategic adaptability in a challenging economic environment.
Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
Concerns over EV loans
Business, Somruedi Banchongduang, Published on 06/12/2023
» The National Credit Bureau (NCB) is expressing concern over the quality of electric vehicle (EV) loans, noting that the value of an EV depreciates faster than the value of a conventional internal combustion engine (ICE)-powered car.
Improving the auto loan sector's standards
Business, Somruedi Banchongduang, Published on 26/08/2023
» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.
Central bank expects easing of loan growth
Business, Somruedi Banchongduang, Published on 15/06/2023
» The Bank of Thailand expects loan growth in the banking industry to slow as demand eases, though rising interest rates should not be a key factor dampening loan expansion.