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Search Result for “$8 billion”

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GENERAL

Exim Bank aims to secure bond guarantee licence

Business, Wichit Chantanusornsiri, Published on 03/09/2024

» The Export-Import Bank of Thailand (Exim Bank) plans to handle the impact of the global trade war, which could lead to a contraction in export loans, by venturing into bond guarantees.

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GENERAL

Floods in northern Thailand worry business chiefs

Phusadee Arunmas, Published on 02/09/2024

» The Thai Chamber of Commerce (TCC) expressed serious concern over the economic impact of the recent floods in several northern provinces, saying if the situation continued for a further month, the financial damage could exceed 10 billion baht.

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GENERAL

Thailand eyes B1.8tn in tourism revenue

Business, Molpasorn Shoowong, Published on 02/09/2024

» Thailand is on course to welcome 12.2 million foreign arrivals in the last four months of 2024, lifting annual arrivals to almost 36 million and generating 1.8 trillion baht in revenue this year, according to the Tourism Authority of Thailand (TAT).

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GENERAL

Flooding in Thailand: preparing for the worst

Business, Post Reporters, Published on 02/09/2024

» The severe flooding in northern Thailand has sparked fears over the potential for similar damage in the central plains, the heart of the nation's economy, as experts warn of the possibility of further floods over the next 60 days.

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THAILAND

Locals slam revived dam plan

News, Post Reporters, Published on 02/09/2024

» About 150 residents from tambon Sa-Ieab in Phrae's Song district gathered on Sunday to protest against the proposed Kaeng Sue Ten dam, saying it would affect thousands of households and destroy more than 10,000 rai of prime forest.

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GENERAL

Shares boosted by growing hopes for a soft landing

Business, Published on 31/08/2024

» RECAP: Asian stocks closed in on a fourth month of gains, lifted by hopes of a soft landing for the US economy. The dollar was poised for its worst monthly performance in nine months on the view that US interest rates are all but certain to start falling next month.

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THAILAND

Budget bill reportedly cut by B8bn ahead of House readings

News, Aekarach Sattaburuth, Published on 31/08/2024

» The House of Representatives will hold its second and third readings of the budget bill for the 2025 fiscal year next week amid reports that the spending plan has been trimmed by almost 8 billion baht, according to a source.

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GENERAL

Small firms feel the pinch amid an array of challenges

Business, Wichit Chantanusornsiri, Published on 31/08/2024

» Thai small and medium-sized enterprises (SMEs) remain trapped in a cycle of rising costs, declining revenues and weakening consumer purchasing power.

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GENERAL

Thailand economy improved in July, supported by global demand

Published on 30/08/2024

» Thailand's economy improved in July after slowing down in the previous month, as stronger global demand supported exports, tourism and manufacturing, the central bank said on Friday.

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GENERAL

Krungsri Consumer predicts uptick in credit card loans

Business, Somruedi Banchongduang, Published on 30/08/2024

» Krungsri Consumer, the unsecured loan unit of Bank of Ayudhya (Krungsri), anticipates a rise in credit card loans during the second half of this year, despite a sluggish economy and an increase in the minimum payment requirement for credit cards.