SCB

Banking

Moody’s downgrades BCAs of Kasikornbank and Siam Commercial Bank

Moody’s has also downgraded the Baseline Credit Assessments (BCAs) of KBank and SCB to baa2 from baa1, reflecting the structural challenges to their asset quality and profitability that are exacerbated by the slow economic recovery in Thailand

Moody's and Boris Sullivan
November 8, 2022

Thai GDP growth expected at 3% in 2022 (SCB)

The EIC expects however for the Thai economy to take another 2 years to recover at full speed, and for the country’s Monetary Policy Committee to further raise the policy rate at increments of 0.25%.

National News Bureau of Thailand and Headline Editor
September 15, 2022

SCB cuts thai growth forecast to 3.6%

The SCB’s Economic Intelligence Center (EIC) has reduced its growth projection for the Thai economy this year to 3.6%

Olivier Languepin
April 11, 2019

Economics

Thailand’s Auto Parts Suppliers: from regional to global players

Over the past 5 years Thai exports of auto parts have shown strong growth of 4%, higher than the 3% growth in of global car demand during the same period.

Headline Editor
August 14, 2017

Thai exports surged by 9.2% in March, but challenges remain ahead

EIC projects that export value will grow by only 1.5% in 2017. This is firstly because oil price is expected to normalize beginning in the second quarter.

Headline Editor
April 30, 2017

China

China’s Trina Solar invests $143 million in new Rayong factory

Trina Solar Limited, a global leader in photovoltaic (“PV”) modules, solutions, and…

Boris Sullivan
March 29, 2016

Thailand’s inflation unlikely to soar as in China or Indonesia (SCB)

BANGKOK, March 11 – Thailand’s inflation rate will not soar as dramatically as those in China and Indonesia because the rate is calculated based more than 30 per cent on rice and food prices, according to a leading Bangkok commercial bank economist.