Thailand Banking Industry Newswire

Tourism bounce helps Thai banks trim bad loans from three-year high

NON-performing loans at Thailand’s commercial banks dropped from a three-year high as a post-pandemic tourism recovery boosted debt repayment ability of hotels, restaurants and other travel-related businesses. Bad loans totalled 552.1 billion baht (S$22 …

Thai banks’ bad loans dip slightly

Overall lending continues to contract as banks’ risk aversion remains high PUBLISHED : 18 Feb 2025 at 15:07 Thai banks’ non-performing loans (NPLs) dropped to 2.78% of outstanding loans at the end of December 2024 from 2.97% at the end of September, the …

PM: Central bank and government must work together

Paetongtarn says improving credit access for small business a key to growth PUBLISHED : 18 Feb 2025 at 14:26 Thailand’s government will push for 3.5% economic growth this year and will seek to work more closely with the central bank to support small …

Thailand’s central bank and government must work together, PM says

BANGKOK (Reuters) – Thailand’s government will push for 3.5% economic growth this year and will seek to work closer with the central bank to support small businesses, Prime Minister Paetongtarn Shinawatra said on Tuesday. Commercial banks are profitable …

Thailand's central bank and government must work together, PM says

FILE PHOTO: Thailand's Prime Minister Paetongtarn Shinawatra speaks during a press conference at the Pheu Thai party headquarters following a royal endorsement ceremony in Bangkok, Thailand, August 18, 2024. REUTERS/Chalinee Thirasupa/File …

Thai banking sector resilient amid loan contraction in Q4

BANGKOK, Feb. 18 (Xinhua) -- Thailand's banking sector has remained resilient in the final quarter of 2024, supported by robust levels of capital, loan loss provisions and liquidity amid loan growth contraction, the central bank said on Tuesday. …

The future of retiree bank accounts in Thailand

Most of Thailand’s foreign tourists enjoy their holidays without bank account responsibilities, but the others have a problem right now. There is currently no official ban on Thai banks opening accounts for foreign tourists. But it’s clear that the …

How to be a digital nomad in Thailand?

Thailand is one of the best destinations for digital nomads, offering an ideal mix of work and lifestyle. With affordable living, high-speed internet, and a thriving coworking place, remote workers can stay productive while enjoying the country’s rich …

Thai PM Calls for Greater Policy Coordination After Growth Miss

(Bloomberg) -- Thailand’s Prime Minister Paetongtarn Shinawatra called for “closer” cooperation between fiscal and monetary policymakers to shore up growth, a day after data showed Southeast Asia’s second-largest economy missed growth target last year. …

World : Top News Headlines In Cambodia, Indonesia, Laos, Myanmar, Singapore & Thailand: Feb 18

CAMBODIA 1. INFINITE CAPITAL EYES CAMBODIA’S EV PRODUCTION -- AGENCE KAMPUCHEA PRESSE  Guangzhou-based Infinite Capital Holdings has expressed interest in investing in Cambodia’s electric vehicles (EVs) and the production of EV components. The company is …

Malaysia, Indonesia, Thailand boost local currency transaction framework

It added that the latest framework also includes portfolio investments as eligible underlying transactions, in addition to trade in goods and services and direct investments. Investors now have greater opportunities to conduct transactions in local …

UNDP wants to explore crypto’s potential for human development in 2025

A UNDP official reveals the organization wants to explore how cryptocurrency can be utilized for human development whilst minimizing its financial risk. UN Assistant Secretary-General and UNDP Regional Director for Asia and the Pacific, Kanni Wignaraja …

Central banks of Malaysia, Indonesia and Thailand enhance local currency transaction framework

PETALING JAYA: Bank Negara Malaysia, Bank Indonesia (BI) and the Bank of Thailand (BOT) have announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border …

Kremlin says Ukraine has the ‘right’ to join EU

But Moscow says it has a ‘completely different position’ on military alliances PUBLISHED : 18 Feb 2025 at 17:26 MOSCOW - The Kremlin said on Tuesday that it was Ukraine’s sovereign right to decide whether it wanted to join the European Union, and that …

Russian power company reports ₽1.3b ruble loss from Illegal crypto mining in 2024

Russian power grid operator Rosseti reported losses of over 1.3 billion rubles in 2024 due to illegal crypto mining operations that siphoned electricity through unauthorized connections. The Russian power grid company Rosseti reported losses exceeding 1.3 …

World Bank forecasts Thai economy to grow by 2.9% in 2025

The World Bank has revised its economic growth forecast for Thailand, projecting a 2.9% expansion in 2025, an increase from the 2.6% growth anticipated for 2024. This positive outlook is mainly due to recovering investment, tourism sector recovery, and …

Thai Q4 GDP growth misses forecast, U.S. trade policy poses risks for 2025

By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy grew less than expected into the end of 2024, data showed on Monday, and analysts said hopes of an improving outlook for this year are clouded by concerns that the country’ …

Indonesia, Malaysia, Thailand central banks agree to broaden scope of local currency transactions

Thai economic growth in 2024 disappoints as trade risks loom

Even with the firmer recovery in tourism and exports, the nation remains a growth laggard in the region.PHOTO: AFP Thailand’s economic growth was weaker-than-expected in 2024 and continued to lag its neighbours as it faces a year fraught with risks from …

AI is No Longer Optional - Entara’s New Automation Services Give Businesses a Competitive Edge

CHICAGO, IL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Entara, a leading managed IT and cybersecurity provider, has officially launched a new business process automation service. As part of this offering, Entara will work with small …

Penn River Collaborates with NTT DATA on Variable Annuity Implementation

Penn River and NTT DATA have announced the implementation of Penn River's cloud-native Policy Administration System for a variable annuity product. NEWTOWN SQUARE, PA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Penn River, Inc., …

Ignition debuts first-to-market AutoPricing to automate growth for services businesses

SAN FRANCISCO, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Ignition, the leading revenue operations platform for services-based businesses, today introduced AutoPricing, a suite of industry-first pricing automation capabilities …

Innoculator version 1.0 released

What happens when you combine AI with virtual patching? You solve the vulnerability and legacy software problem. MELBOURNE, VICTORIA, AUSTRALIA, February 19, 2025 /⁨EINPresswire.com⁩/ -- After a year of dedicated development, we are thrilled to …

Black Unicorn Factory Introduces New Model for Venture Capital and Economic Inclusion

Black Unicorn Factory pioneers an innovative approach to venture capital, empowering underrepresented entrepreneurs and expanding economic inclusion LOS ANGELES, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- The Black Unicorn …

Eric Cook Honored as 2024 IFA Franchisee of the Year

PRUDENVILLE, MI, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Eric Cook, agency owner and proud member of the WSI global digital agency network, has been named a 2024 Franchisee of the Year by the International Franchise Association ( …

Goodwill Industries of Dallas Announces New Vice President of Marketing

DALLAS, TX, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- FOR IMMEDIATE RELEASE Goodwill Industries of Dallas is excited to announce the appointment of Alexandra Mazzi as its new Vice President of Marketing. A seasoned marketing …

TaxZerone Reminds Businesses to File Form 7004 for a Tax Filing Extension

TaxZerone Offers Businesses a Simple, Secure, and Affordable Way to Extend Tax Filing Deadlines with Form 7004 SAN JOSE, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- The tax season for businesses is now upon us, and with the …

TENEX.AI Announces Cybersecurity Veteran Jason Zann as Strategic Advisor

TAMPA, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- TENEX.AI, an AI-native cybersecurity company redefining enterprise security, today announced that Jason Zann has joined its advisory board. A recognized leader in threat …

servicePath™ Recognized as a Major Player in the IDC MarketScape for CPQ Applications for Digital Commerce

servicePath™ named Major Player in IDC MarketScape for CPQ, reinforcing its leadership in simplifying complex sales and driving revenue growth for enterprises. BURLINGTON, ONTARIO, CANADA, February 18, 2025 /⁨EINPresswire.com⁩/ -- servicePath™ …

PPC LOAN Joins The Wealth Engineering Expert Sourcing Consortium

The Wealth Engineering Family of Companies (WE) is pleased to announce its inclusion of PPCLoan as an exclusive core component of its Expert Sourcing Consortium LAKE MARY, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Lake Mary, FL, …

Colorado Local Businesses Brings Directory for Small Businesses to Colorado

Colorado’s Thriving Small Business Community Now Has a Dedicated Online Platform BROOMFIELD, CO, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Colorado’s thriving small business community now has a dedicated online platform with the …

Helping Indians Choose Smarter: WalletWalk’s Approach to Credit Card Comparisons

HYDERABAD, INDIA, February 19, 2025 /⁨EINPresswire.com⁩/ -- WalletWalk Helps Indian Consumers Unlock Maximum Value from Their Credit Cards Millions of Indians own credit cards, but how many are truly maximising their benefits? From travel perks …

Dwinity reveals digital twin of a human and first decentral data back-up at Web Summit Qatar 2025

Dwinity introduces its new approach to data ownership: This platform allows users to securely store their data, far from the control of major tech companies. GRüNWALD, BAVARIA, GERMANY, February 18, 2025 /⁨EINPresswire.com⁩/ -- In a world where …

Construction Firms Eliminate Multi-Entity Financial Headaches with hh2’s Enhanced Sage Intacct Integration

hh2 automates multi-entity financials in Sage Intacct, eliminating manual adjustments, reducing errors, and ensuring ERP flexibility as contractors scale. KAYSVILLE, UT, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Managing financials …

investorTV to Host Live Panel: '2025 Market Outlook: Gold, Commodities, and the Global Economy' on February 21, 2025

This live panel discussion will feature industry leaders sharing insights into gold’s record performance, commodity market dynamics, and global economic trends. SINGAPORE, February 19, 2025 /⁨EINPresswire.com⁩/ -- investorTV, a digital platform …

Angela Buckalew: A Trusted Expert in AED Training and Emergency Preparedness

Angela Buckalew, CEO of CorVita, is a leader in AED training, emergency response, & AED innovation—saving lives through education & technology. CINCINNATI, OH, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Angela Buckalew: A …

Renew Financial Expands Residential PACE Financing to Unincorporated Hillsborough County

Homeowners in unincorporated Hillsborough County can now access residential PACE financing, joining over 154 other Florida jurisdictions. TAMPA, FL, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Renew Financial, the pioneer and a …

Infocepts Explores the Art of AI and Personalization at Starbucks in New Podcast Episode

Megan Brown of Starbucks shares insights on addressing AI’s transformative potential, and driving personalization in global organizations on Infocepts podcast. WASHINGTON, DC, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- Infocepts’ …

BUUZ App for iOS Ushers in New Era for the Discovery and Sharing of Events in Los Angeles

LOS ANGELES, CA, UNITED STATES, February 18, 2025 /⁨EINPresswire.com⁩/ -- BUUZ, a new AI-powered application from BUUZ Inc., is disrupting the event space by offering a new way for users to find, attend and share events in Los Angeles. Leveraging …