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Showing 171 - 180 of 1,753

BUSINESS

Bank rate cut to trim interest margin

Business, Somruedi Banchongduang, Published on 17/05/2025

» Large local banks have lowered their interest rates in response to the Bank of Thailand's recent policy rate cut, a move that is expected to compress the banking sector's net interest margin (NIM) this year.

BUSINESS

KKP targets flat growth in mortgages and bad loans

Business, Somruedi Banchongduang, Published on 16/05/2025

» Kiatnakin Phatra Bank (KKP) expects flat mortgage growth this year under its selective lending strategy, aiming to keep non-performing loans (NPLs) at their existing level.

BUSINESS

Baht poised to weaken further

Business, Somruedi Banchongduang, Published on 14/05/2025

» The baht is expected to depreciate to around 33.80 against the US dollar this week, driven by a firmer greenback following the temporary pause in the US-China tariff war.

BUSINESS

BoT warns of long path to recovery

Business, Somruedi Banchongduang, Published on 13/05/2025

» Structural problems are a key concern undermining Thailand's future growth potential, Bank of Thailand governor Sethaput Suthiwartnarueput has warned in a harrowing forecast of the country's economic future.

BUSINESS

Two giants, one vision: SCB WEALTH and BlackRock forge global investment power for Thai investors

Business, Somruedi Banchongduang, Published on 13/05/2025

» SCB WEALTH, a key business unit of SCB, is dedicated to enhancing the wealth of Thai investors and expanding opportunities for global investments. SCB launched partnership with BlackRock who is the world’s largest asset management company. By partnering with BlackRock, a company that shares the same business philosophy, both organizations emphasize the customer-centric approach, focusing on developing investment products that truly meet clients’ needs. SCB WEALTH views wealth management as a long-term investment, ensuring a strong financial future under the concept of “Your Success. Our Success.”

BUSINESS

Tariff hikes to have far-reaching hit: Bank of Thailand

News, Somruedi Banchongduang, Published on 10/05/2025

» The United States' tariff hikes are expected to have a prolonged and uncertain impact on Thailand's economy, particularly in key export-oriented sectors, according to the Bank of Thailand (BoT).

BUSINESS

Modest export growth or contraction likely

Business, Somruedi Banchongduang, Published on 09/05/2025

» Thai exports are expected to post marginal growth or contract this year and next, largely due to the anticipated US tariff hikes set to commence in the second half of 2025.

BUSINESS

Thai business leaders tally cost of US tariffs

Somruedi Banchongduang, Published on 07/05/2025

» The value of Thai exports to the United States could drop by as much as as $43 billion (1.4 trillion baht) over the next decade if 36% import tariffs go ahead, say business leaders.

BUSINESS

KTC opts to take cautious approach amid obstacles

Business, Somruedi Banchongduang, Published on 06/05/2025

» Krungthai Card (KTC), a leading credit card provider under Krungthai Bank (KTB), anticipates increasing challenges in its personal loan business for the remainder of the year amid economic headwinds.

BUSINESS

Users share responsibility in financial fraud decree

Business, Somruedi Banchongduang, Published on 30/04/2025

» Victims of financial crimes may be fully liable for damages if losses result from their own negligence under the new emergency decree, according to the Bank of Thailand.