Somruedi Banchongduang is a senior reporter for the Bangkok Post, focusing on national news in Thailand. With a specialization in finance and economics, Somruedi covers topics such as investment, GDP growth, banking, and financial institutions. His articles provide insights into the Thai economy and its impact on various sectors.
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Thailand (National)
Somruedi's coverage predominantly revolves around finance and economy, with a specific focus on Thailand. To effectively reach out to Somruedi, pitches should provide in-depth analysis of financial data or government announcements related to the banking sector, interest rates, and financial institutions within Thailand. Additionally, insights into long-term economic trends or predictions backed by substantial data may pique their interest.
Given the high percentage of cited data and government announcements in Somruedi’s coverage attributes, offering well-researched information from reliable sources can enhance your outreach efforts. Keep in mind that the geographical focus is national (Thailand), so relevance to this market is crucial for effective engagement.
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Financial transactions via PromptPay, Thailand's national electronic payment platform, tallied a new high last year, while cash transactions posted a notable decline.
Driven by the growth potential of Asean economies, large local banks are likely to see significant opportunities to expand their regional business and enhance their revenue prospects, according to Fitch Ratings Thailand.
Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
Major creditors have agreed to infuse fresh liquidity into cash-strapped Italian-Thai Development (ITD) Plc, to support the company's business operations without requiring a rehabilitation plan.
The Bank of Thailand is allowing commercial banks to adapt their business models to help vulnerable customers, in response to the prime minister's directive urging large local banks to lower lending interest rates for vulnerable groups and small businesses.
By: Somruedi Banchongduang
Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.
Currency has been in freefall for months The baht depreciation softened in April, supported by the Thai economy's improving momentum, while
The Bank of Thailand is continuing to freeze the attempt to charge an additional 1% fee to local credit cardholders, prompting card issuers to explore alternative solutions.
The National Credit Bureau (NCB) is calling on providers of buy now, pay later (BNPL) services to improve risk controls to prevent misuse of the system to create informal loans.
The number of retail borrowers seeking assistance via the central bank's Debt Clinic programme surged by 43% in the first quarter, indicating a growing resolve among financially vulnerable individuals to address non-performing loans (NPLs).
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