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BUSINESS

The value of a financial plan

Business, Somruedi Banchongduang, Published on 11/08/2025

» In recent months, Thais have faced a series of unsettling events. While the country awaits the impact of US tariffs, rising tensions along the Thai-Cambodian border add to the growing sense of unease.

BUSINESS

Economists split over BoT rate decision

Business, Somruedi Banchongduang, Published on 11/08/2025

» Following the reduction of the US reciprocal tariff rate on Thai exports, economists are divided over the Bank of Thailand's policy rate decision at the Monetary Policy Committee (MPC) meeting scheduled for Wednesday.

BUSINESS

UOB Thailand forecasts zero mortgage growth

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

» UOB Thailand expects flat growth for its mortgage portfolio this year for the first time in several decades, in line with a contraction in the property market.

BUSINESS

Mitsubishi UFJ Financial urges reform of Thai industry

Business, Somruedi Banchongduang, Published on 07/08/2025

» Mitsubishi UFJ Financial Group (MUFG), a major shareholder in Bank of Ayudhya (Krungsri), views manufacturing reform in Thailand as more critical than US tariff changes in attracting foreign direct investment (FDI).

BUSINESS

Thai growth projections upgraded on lower US tariffs

Somruedi Banchongduang, Published on 06/08/2025

» The local private sector has increased its forecast for Thai GDP growth this year to 1.8-2.2%, rising from an estimate of 1.5-2% following the recent US decision to reduce tariffs on imports from Thailand from 36% to 19%.

BUSINESS

KTB, MRTA team up for transport payment card

Business, Somruedi Banchongduang, Published on 06/08/2025

» Krungthai Bank (KTB) has partnered with Mass Rapid Transit Authority of Thailand (MRTA) to launch the Mang-moom EMV Card, a chip-based contactless card for fare payments across all MRT lines.

BUSINESS

Banks ramp up green initiatives

Somruedi Banchongduang, Published on 04/08/2025

» In advancing sustainable business practices, banks are doing more than offering green financial services to clients.

BUSINESS

Thai GDP growth set to slow in Q3

Business, Somruedi Banchongduang, Published on 01/08/2025

» The Bank of Thailand expects the Thai economy to start slowing in the third quarter this year, following flat growth in the second quarter.

BUSINESS

HSBC touts Indian wedding tourism

Business, Somruedi Banchongduang, Published on 31/07/2025

» Wedding tourism presents a significant opportunity to attract foreign direct investment (FDI) from India into Thailand, given the strong business ties between the two countries, according to HSBC.

BUSINESS

Research houses anticipate baht to weaken this week

Business, Somruedi Banchongduang, Published on 30/07/2025

» The baht is expected to weaken to around 32.85 per US dollar this week amid ongoing economic uncertainties.