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BUSINESS

Economist urges funding hike for 3 agencies

Business, Somruedi Banchongduang, Published on 18/09/2025

» A bank economist wants the new government to increase the budget for three agencies -- the Board of Investment (BoI), the Tourism Authority of Thailand (TAT), and the Commerce Ministry -- to stimulate the economy during the administration's limited tenure.

BUSINESS

SCB trims retail banking unit amid debt avalanche

Business, Somruedi Banchongduang, Published on 13/09/2025

» Siam Commercial Bank (SCB) is scaling back its retail banking business in response to the country's elevated household debt and the adoption of artificial intelligence (AI).

BUSINESS

New ministers may lift economic growth

Business, Somruedi Banchongduang, Published on 10/09/2025

» Kasikorn Research Center (K-Research) expects key economic cabinet appointments by Prime Minister Anutin Charnvirakul will lift public confidence and raise Thai GDP growth above earlier projections.

BUSINESS

Bank chief calls for economic reform

Business, Somruedi Banchongduang, Published on 06/09/2025

» Piti Tantakasem, chief executive at TMBThanachart Bank (ttb), has urged structural economic reform to enable the country to withstand persistent political instability.

BUSINESS

Fears over sovereign rating revision

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

» Bankers are increasingly concerned about a potential downgrade of the country's sovereign credit rating in the near future due to weakening tax revenues and rising public debt.

BUSINESS

Industry leaders fear political vacuum amid slowdown

Business, Somruedi Banchongduang, Published on 04/09/2025

» The private sector is concerned a political deadlock could exacerbate Thailand's economic slowdown over the next six months.

BUSINESS

Baht facing unstable week amid upheaval

Business, Somruedi Banchongduang, Published on 02/09/2025

» Greater baht volatility is expected this week, pressured by domestic political instability and expectations of a US policy rate cut later this month.

BUSINESS

Shopee spurs rise in nanofinance

Business, Somruedi Banchongduang, Published on 01/09/2025

» The National Credit Bureau (NCB) reported strong growth in nanofinance outstanding loans in the second quarter of 2025, primarily driven by a new member -- Shopee e-commerce platform.

BUSINESS

Structural reforms key to solving debt, say bankers

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.

BUSINESS

Fitch: Bad loans expected to pressure large Thai banks

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand's six major banks are likely to face rising asset risks over the next several years, pressured by a continued increase in impaired loans, according to Fitch Ratings Thailand.