Showing 111 - 120 of 3,161
Pichai downplays ex-deputy's criticism
News, Mongkol Bangprapa, Published on 15/05/2024
» Deputy PM and Finance Minister Pichai Chunhavajira downplayed criticism of him in a resignation letter written by his former deputy Krisada Chinavicharana.
Government Savings Bank, Bangkok Commercial Asset to set up joint venture
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The Finance Ministry expects Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM) to establish a joint venture asset management company (AMC) next month.
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.
Indorama posts $366m earnings in Q1
Business, Published on 14/05/2024
» Indorama Ventures Plc (IVL), a global sustainable chemical producer, reported adjusted earnings before interest, taxes, depreciation and amortisation of US$366 million in the first quarter of this year, a 32% increase from the previous quarter and a 2% decline year-on-year.
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).
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).
War of independence
Business, Published on 13/05/2024
» Following a speech by Pheu Thai Party leader Paetongtarn Shinawatra declaring the independence of the Bank of Thailand an obstacle to fixing a stagnant economy, the issue has been echoed in media reports, fuelling an ongoing rift between the central bank and the coalition government.
Akanat downplays Krisada quit rumour
News, Chaiwat Satyaem, Published on 13/05/2024
» The United Thai Nation (UTN) secretary-general Akanat Promphan yesterday shrugged off a rumour that Krisada Chinavicharana would resign from the party after quitting his deputy finance minister post last week.
Who's directing behind the scenes?
News, Veera Prateepchaikul, Published on 13/05/2024
» The speechwriter who wrote the speech delivered by Pheu Thai Party leader Paetongtarn Shinawatra at the party meeting on May 3 did a lousy job which consequently put her in hot water.