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Do not let a currency war be the answer
Do not let a currency war be the answer
THURSDAY, FEBRUARY 22, 2024
There has been a political and economic issue, regarding the conflict between the government, which hopes to cut interest rates to support the economy, and the Bank of Thailand.Thai GDP to shrink 1.1% this year if virus crisis worsens: CIMBT
Thai GDP to shrink 1.1% this year if virus crisis worsens: CIMBT
THURSDAY, AUGUST 19, 2021
CIMB Thai Bank (CIMBT) forecasts Thailand’s GDP will expand about 1 per cent (0.7-1.3 per cent) this year as long as the Covid-19 situation does not worsen.CIMB cuts Thai GDP forecast to 2.2%
CIMB cuts Thai GDP forecast to 2.2%
THURSDAY, APRIL 29, 2021
A new round of restrictions aimed at containing the fresh wave of Covid-19 will shake the Thai economy’s fragile recovery from its 2020 slump, says CIMB bank. The bank has revised down its GDP growth forecast for 2021 from 2.6 per cent to 2.2 per cent.Shipping container crisis ‘over by second half of 2021’
Shipping container crisis ‘over by second half of 2021’
WEDNESDAY, MARCH 17, 2021
The worldwide container shortage pinching global trade will be relieved in the second half of this year as trade picks up, according to CIMB Thai Bank’s research office.FinCEN leaks: DBS, CIMB and Deutsche among banks in S'pore that handled about $6 billion in suspicious transactions
FinCEN leaks: DBS, CIMB and Deutsche among banks in S'pore that handled about $6 billion in suspicious transactions
TUESDAY, SEPTEMBER 22, 2020
SINGAPORE - A number of banks in Singapore handled about US$4.5 billion (S$6.13 billion) in suspicious transactions between 2000 and 2017, with DBS Bank, CIMB Bank and Deutsche Bank among those that processed the largest sums of such funds here.CIMB Thai sees Bt1.38 billion first-half net profit
CIMB Thai sees Bt1.38 billion first-half net profit
TUESDAY, JULY 21, 2020
CIMB Thai Group posted a consolidated net profit of Bt1.38 billion for the six months ending on June 30, an increase of 115.6 per cent year-on-year, according to a company press release today (July 21).
Covid-19 will impact Thai economy, GDP growth can be sustained by net exports: CIMB Research head
Covid-19 will impact Thai economy, GDP growth can be sustained by net exports: CIMB Research head
MONDAY, MARCH 09, 2020
Despite a decrease in global oil prices, the Thai economy will be worse off amid the Covid-19 situation, but technical growth will occur and net exports in the future could sustain Gross Domestic Product growth, CIMB Research Office head Amonthep Chawla said.CIMB Research further trims Thai growth forecast to 1.7 per cent
CIMB Research further trims Thai growth forecast to 1.7 per cent
FRIDAY, FEBRUARY 21, 2020
CIMB Research Office has again lowered its economic growth projection this year from 2.3 per cent to 1.7 per cent, mainly due to impact from the Covid-19 outbreak on tourism and manufacturing, said Amonthep Chawla, head of the research office.CIMB Thailand gets new CEO
CIMB Thailand gets new CEO
MONDAY, OCTOBER 21, 2019
CIMB Group has announced the appointment of Adisorn Sermchaiwong as president and chief executive officer for CIMB Thailand. CIMB, 130 banks subscribe to UN Principles for Responsible Banking
CIMB, 130 banks subscribe to UN Principles for Responsible Banking
MONDAY, SEPTEMBER 23, 2019
CIMB Group Holdings has become one of the founding signatories of the Principles for Responsible Banking, committing to strategically align its business with the UN’s Sustainable Development Goals and the Paris Agreement on Climate Change. 