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Beyond the Pride parade: creating high-value tourism through festivals
TUESDAY, MAY 26, 2026
Thailand could unlock greater Pride tourism value by adding multi-day festivals, ticketed events and global experiences to parade-led celebrations.
1,137 days at the helm: SCB CEO maps out 3 new strategies
SUNDAY, SEPTEMBER 28, 2025
After three and a half years as SCB CEO, Kris Chanthanotoke unveils three strategies for the new competitive era: focus on core strengths, streamline the organisation for efficiency, and adopt short-term, continuous performance tracking.
11 Thai banks report profit dip, with rising bad debt concerns and uncertain Q3 ahead
TUESDAY, JULY 22, 2025
11 Thai banks report Q2 2025 profit of 66.2 billion baht, down 3%. Provisions for bad debt rise as concerns mount over Q3 impact from Trump's tax and interest rate cuts.
Thailand’s 2025 growth forecast slashed to 1.5% amid global and structural headwinds
SATURDAY, JUNE 28, 2025
Siam Commercial Bank’s Economic Intelligence Centre (SCB EIC) has downgraded Thailand’s economic growth forecast for 2025 to just 1.5%, citing both global and structural headwinds.
Thai banks load cash for expected Chinese New Year rush
WEDNESDAY, JANUARY 15, 2025
The BOT has prepared various denominations totalling THB100 billion
Banks put in place measures to minimise lending risks
MONDAY, AUGUST 12, 2024
Thailand’s major financial institutions are preparing for a difficult second half of 2024, as a struggling economy and high household debt force banks to take a more conservative approach to lending.
SCB to deploy more AI innovations, for big jump in digital revenue
FRIDAY, MAY 17, 2024
Siam Commercial Bank (SCB) intends to apply artificial intelligence (AI) to advance operations, aiming to boost digital income to 25% by 2025 compared to 9.9% in the first quarter of this year, the bank said on Friday.
Banks prepare for increased withdrawals over Songkran holiday
FRIDAY, APRIL 05, 2024
Anticipating a rush for ready money, Thai commercial banks are increasing their cash reserves ahead of the 5-day break over the Songkran Festival from April 12-16 to cater for increased withdrawals as people head off for the long holiday.
Siam Commercial Bank injects over 52 billion baht in sustainable loans in first nine months
TUESDAY, OCTOBER 31, 2023
Spearheading Thailand's business sector toward Net Zero transition
SCB and BOT collaborate to launch retail CBDC SCB App pilot project
TUESDAY, JULY 25, 2023
Siam Commercial Bank (SCB) and the Bank of Thailand (BOT) are working together to support the advancement of the country's digital currency infrastructure. Their latest endeavour involves the development of the CBDC SCB application, aimed at facilitating a retail CBDC (Central Bank Digital Currency) usage test.