Showing 1,021-1,030 of 1,044 results
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Somkid: BoT taming baht independently
Business, Somruedi Banchongduang, Published on 11/07/2019
» The government has given the Bank of Thailand a free hand in dealing with the baht's rapid gain, says Deputy Prime Minister Somkid Jatusripitak.
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Red flag raised on household debt spiral
Business, Somruedi Banchongduang, Published on 11/07/2019
» Two key committees under the Bank of Thailand have voiced concerns that threats to financial stability are still on the rise as household debt accumulation accelerates.
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Financial stability jeopardised
Somruedi Banchongduang, Published on 10/07/2019
» The Bank of Thailand (BoT)'s two key committees have voiced concern that rising household debt poses a threat to financial stability.
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Bank of Thailand sees export contraction in Q2
Business, Somruedi Banchongduang, Published on 29/06/2019
» The Bank of Thailand has grown more pessimistic, reckoning that the export contraction will extend into the second quarter because of intensifying trade tension between the US and China.
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BoT cuts July bonds by B60bn
Business, Somruedi Banchongduang, Published on 02/07/2019
» The Bank of Thailand is tapering 60 billion baht out of its July issuance of three-, six- and 12-month bonds, in a move likely aimed at curbing hot money and the baht's rapid gain.
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FWD buying SCB subsidiary in key deal
Business, Somruedi Banchongduang, Published on 02/07/2019
» SET-listed Siam Commercial Bank (SCB) has entered into a binding agreement to sell 99.2% of subsidiary SCB Life Assurance to insurer FWD Group Financial Services for 92.7 billion baht, marking Southeast Asia's biggest life insurance acquisition deal.
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CIMBT: Monetary policy takes lead while cabinet unformed
Business, Somruedi Banchongduang, Published on 03/07/2019
» With the cabinet line-up unsettled and fiscal policy handcuffed, CIMB Thai Bank (CIMBT) expects the Bank of Thailand to loosen monetary policy by cutting the benchmark rate twice by the first half of next year in a bid to boost economic growth and curb hot-money inflows.
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Swiss firm sees continued baht rise
Somruedi Banchongduang, Published on 03/07/2019
» Swiss wealth and asset manager Lombard Odier is bullish on the baht, reckoning the currency will run up further to surpass 30 to the US dollar by year-end.
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KBank upgrade targets digital lending
Business, Somruedi Banchongduang, Published on 05/06/2019
» Kasikornbank (KBank) has improved the accuracy of its digital lending in an effort to expand new digital loans to 5 billion baht this year.
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TMB to raise B30bn from 10-year debentures
Business, Somruedi Banchongduang, Published on 12/06/2019
» TMB Bank plans to raise fresh funds of up to 30 billion baht in subordinated unsecured debentures this month, likely in preparation for the bank's planned consolidation with Thanachart Bank (TBank).
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