All domestic commercial banks in Thailand excepting Siam City Bank enjoyed combined net profits in the third quarter of this year of Bt22.9 billion, up Bt1.14 billion or 5.25 pe…

See the rest here:
Thai banks enjoy higher net profits in Q3

CashGold

Thai banks enjoy higher net profits in Q3

External stability in Thailand was upheld by high international reserves, while trade and current account were close to balance. Regarding internal stability, inflation rose from last year in line with higher oil prices, despite a downward trend during the second half of the year. Unemployment rate remained low in Thailand in 2008 but employment started to deteriorate in the forth quarter, particularly in the production sector affected by economic slowdown.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Low English Proficiency in Thailand Could Hinder the Country’s Development Prospects

Thailand is ranked 97th overall and second to last among its ASEAN neighbors in an assessment that looks at the average English proficiency in 111 different countries and regions.

Bangkok to Host World Chinese Entrepreneurs Convention (WCEC) in June

According to Thai-Chinese Chamber of Commerce Advisor Lin Wei, guests will include Chinese nationals and members of civic and governmental groups from nations worldwide.

Thailand fails to attract foreign talents

Unlike Singapore (2nd), Thailand (75th) is not an attractive country for skilled professionals who want to move abroad, according to INSEAD’s annual survey, or Global Talent Competitiveness Index (GTCI).