Showing 1 - 10 of 19
Tisco looks to auto hire-purchase loans
Business, Somruedi Banchongduang, Published on 17/01/2023
» Tisco Bank is looking to acquire a new retail loan portfolio and sees greater opportunity in the auto hire-purchase loan segment as some business operators may be impacted by the new regulations pertaining to the ceiling interest rate of hire-purchase loans.
MPC minutes cite threats
Business, Somruedi Banchongduang, Published on 23/05/2019
» Heightened political uncertainty after the March 24 general election and the trade spat between the US and China are darkening Thailand's economic prospects this year, according to the central bank's minutes from the latest meeting.
Debt Clinic ready to cure thousands
Business, Somruedi Banchongduang, Published on 08/05/2019
» The Bank of Thailand expects tens of thousands of debtors who have defaulted to join its Debt Clinic, a scheme that pools unsecured bad loans owed to multiple creditors, covering 19 non-bank companies.
BoT warns dust will soon hit tourism
Business, Somruedi Banchongduang, Published on 01/02/2019
» Even though the persistent toxic haze caused by ultra-fine dust particles shrouding Bangkok and its vicinity has not yet taken a toll on the tourism sector, an impact is inevitable if the pollution is prolonged, says a senior official at the central bank.
Thai Bankers' Association warns over phishing
Business, Somruedi Banchongduang, Published on 25/01/2019
» The Thai Bankers' Association (TBA) is warning of phishing scams affecting a wide range of local banks, though it says the number of phishing victims is still minimal.
Rumours of new fees raise concerns
Business, Somruedi Banchongduang, Published on 05/12/2018
» The chairman of the Thai Bankers' Association has rushed to soothe jitters, saying proposed fees for cash transactions have not been decided and are awaiting review by the central bank.
Bangkok Bank predicts digital normal
Business, Somruedi Banchongduang, Published on 03/12/2018
» Bangkok Bank (BBL) expects most basic banking transactions to be made over the digital channel within the next three years.
BoT: Labour to curb GDP
Business, Somruedi Banchongduang, Published on 16/08/2018
» The Bank of Thailand forecasts that Thailand's ageing demography will dampen the country's annual GDP growth by 1.5 percentage points over the next 10 years. Thailand's labour growth rate averaged 5% over the past 10 years, but such growth is expected to decline to 3.5% a year in the next decade, said Don Nakornthab, senior director of the economic and policy department.
Political turmoil blamed for GDP losses
Business, Somruedi Banchongduang, Published on 28/08/2018
» Thailand's political uncertainty over the past 20 years took a toll on the country's economic growth, shaving off 0.4 percentage points per year on average and depressing growth below its potential, according to a joint survey by the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier).
Survey finds 40% of farmers live under poverty line
Business, Somruedi Banchongduang, Published on 31/05/2018
» Some 40% of farming households are living below the poverty line, set at 32,000 baht a year, with the sector's low income and higher debt a drag on the country's economic growth, says the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier) in a survey.