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Search Result for “financial”

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WORLD

Singapore's next PM to contend with rising prices, aging population

Published on 14/05/2024

» SINGAPORE: Skyrocketing prices and an aging population are among the challenges facing Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong, who will become the country's new premier on Wednesday.

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THAILAND

Manaporn defends Land Bridge plan

News, Supoj Wancharoen, Published on 14/05/2024

» Deputy Transport Minister Manaporn Charoensri on Monday defended the government's plan to build the one-trillion-baht Land Bridge megaproject, saying it has garnered a lot of interest from foreign investors.

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GENERAL

Bureau sees 15% hike in overall NPLs

Business, Somruedi Banchongduang, Published on 14/05/2024

» The National Credit Bureau (NCB) recorded a 15% increase in overall non-performing loans (NPLs) in the first quarter of this year, primarily driven by auto and mortgage loan payment defaults.

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GENERAL

SCG unit ups presence in Vietnam

Business, Lamonphet Apisitniran, Published on 14/05/2024

» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), has acquired International Vietnam Co for 193 million baht to further grow its business in Vietnam amid bright prospects for the logistics industry in Southeast Asia.

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THAILAND

Widow of Hamas massacre victim appeals for help

News, Poramet Tangsathaporn, Published on 14/05/2024

» A widow who lost her husband in the Hamas massacre of Oct 7 in Israel says she is waiting for more financial assistance from the Thai government.

OPINION

Could the Palestinians be bought out?

Oped, Gwynne Dyer, Published on 14/05/2024

» Last week a despairing reader asked me if the solution to the "Middle East Problem" might be to throw money at it: just buy the Palestinians out. Offer every Palestinian in the Israeli-occupied territories enough money to settle somewhere else, and the endless wars might finally end.

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GENERAL

Debt Clinic sees surge in applicants in Q1

Somruedi Banchongduang, Published on 13/05/2024

» 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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GENERAL

Baht likely to face near-term volatility

Nareerat Wiriyapong, Published on 13/05/2024

» The baht is likely to be volatile in the near term, pending clear signs from the US Federal Reserve (Fed) concerning interest rate cuts, with the Thai currency expected to slide to 37.25 baht to the dollar within 1-3 months, bouncing back to 36 to the greenback by yearend, says Kasikorn Research Centre (K-Research).

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GENERAL

DTP achieves rising UK hotel revenue in successful overseas investment

Published on 13/05/2024

» DTGO Prosperous Limited (DTP), an investment and financial manage-ment company within DTGO, posted results for its 17 UK hotels, operated by a Singapore-listed subsidiary, with strong growth and average occupancy now near 80%. Tourism has seen a rapid post-COVID rebound in the UK, one of the first countries to reopen to foreign visitors.

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THAILAND

Privilege card loophole lets criminals in front door

News, Published on 13/05/2024

» The Central Investigation Bureau (CIB) is still looking into foreign nationals who are in the nation on elite visas and engaging in dubious business.