Showing 71 - 80 of 291
KTC sets out growth plans for 2024
Business, Somruedi Banchongduang, Published on 17/10/2023
» Krungthai Card (KTC) has set ambitious business growth targets for next year amid greater uncertainties, especially economic circumstances and regulatory risk.
Baht expected to continue its slide
Business, Somruedi Banchongduang, Published on 22/09/2023
» Economists are warning the baht will weaken further throughout this month and next because of higher volatility in money and capital markets worldwide after the US Federal Reserve's hawkish comments about its benchmark interest rate.
KBank appoints new president, restructures business operations
Business, Somruedi Banchongduang, Published on 29/08/2023
» Kasikornbank (KBank) has announced the appointment of a new president and co-president, along with a restructuring of its business operations under a spin-off strategy.
A new threat on the banking horizon
Business, Somruedi Banchongduang, Published on 14/07/2023
» The Bank of Thailand warns that online financial fraud is increasing as criminals turn to false base stations.
BoT eases forex rules for stability
Business, Somruedi Banchongduang, Published on 28/06/2023
» The Bank of Thailand plans to further relax foreign exchange regulations to balance capital flows, seeking to stabilise the exchange rate over the long term.
Krungsri upbeat on digital baht
Business, Somruedi Banchongduang, Published on 12/06/2023
» The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.
Economists anticipate 0.25% hike
Business, Somruedi Banchongduang, Published on 08/05/2023
» Local economists are predicting the Bank of Thailand will increase its policy rate to a terminal level of 2% this month after estimating the Fed's funds rate has already peaked.
Banks eye yuan-baht trade payments
Business, Somruedi Banchongduang, Published on 27/04/2023
» The Bank of Thailand is in discussions with China's central bank over supporting the use of yuan-baht settlement to mitigate foreign exchange risk amid ongoing US dollar volatility.
Listed banks post flat loan growth
Business, Somruedi Banchongduang, Published on 15/04/2023
» The banking sector is expected to post marginal loan growth in the first quarter this year, attributed to sluggish demand caused by the global economic slowdown and Thailand's uneven economic recovery.
Banks hesitate in rush to cashless era
Business, Somruedi Banchongduang, Published on 12/04/2023
» The banking industry's push to discourage the use of cash led some to believe it was a good idea to charge fees for cash transactions and suspend cardless money withdrawals at ATMs.