Loan growth is experiencing a slowdown due to a credit crunch.
Kasikorn Research Center (K-Research) has revised its total loan growth forecast for the banking sector in 2024, lowering...
Anticipated Rate Cuts by BoT Amid Slowing US Economy This Year
by alexivd
According to KGI Securities (Thailand), the US economy is anticipated to experience a cyclical slowdown beginning in late...
Initiative to Establish a Financial Hub Underway
by alexivd
Deputy Finance Minister Paopoom Rojanasakul revealed that Finance Minister Pichai Chunhavajira has signed an order to form this...
Cabinet to Consider Establishing a Credit Guarantee Agency
by alexivd
The proposal to create the National Credit Guarantee Agency (NaCGA), a new entity intended to provide credit guarantees...
Gulf Reports Q2 Profit of B4.78 Billion on B32.6 Billion in Revenue
by alexivd
Gulf Energy Development reported total revenue of 32.6 billion baht for the second quarter of this year, achieving...
Analysts Anticipate Policy Rate to Remain Steady at 2.5%
by alexivd
The Bank of Thailand is expected to maintain the policy rate at 2.5% in its upcoming meeting later...
Thai Union Group Reports 14.2% Increase in Q2 Profits
by alexivd
Thai Union Group Plc reported a net profit of 1.2 billion baht for the second quarter of this...
Bank of Thailand Encourages Banks to Support Sustainable Transition for SMEs
by alexivd
The Bank of Thailand (BoT) is urging financial institutions to assist small and medium-sized enterprises (SMEs) in their...
Proposal for New Tariffs on Chinese Imports
by alexivd
Photo credit: Nutthawat Wichieanbut The surge of Chinese industrial products entering Southeast Asia is negatively impacting Thailand’s trade,...
Bangkok Bank Explores Virtual Banking Opportunities
by alexivd
Bangkok Bank (BBL) is exploring opportunities in virtual banking as it adapts to digital banking services in response...
