Showing 71 - 80 of 129
Baht-ringgit settlement due to start in coming quarter
Business, Pathom Sangwongwanich, Published on 23/12/2015
» Direct local currency settlement between the baht and the Malaysian ringgit will come into effect in next year's first quarter as the selection process for designated commercial banks progresses, says a Bank of Thailand senior official.
HSBC issues downbeat GDP outlook
Business, Pathom Sangwongwanich, Published on 12/12/2015
» Despite benefits from regional market integration, Thai GDP growth will continue to be subdued next year due to weak global trade, low commodity prices and China’s economic slowdown.
UOB (Thai) readies for AEC lending rush
Business, Pathom Sangwongwanich, Published on 27/11/2015
» Thailand remains on the radar for loan expansion in the small and medium-sized enterprise (SME) segment because of the expected rise in trade volume from the coming integrated Asean market, says United Overseas Bank (Thai).
Krungthai Bank nears B100bn deal
Business, Pathom Sangwongwanich, Published on 19/11/2015
» The Finance Ministry plans to acquire the entire 55% stake in Krungthai Bank (KTB) held by the Financial Institutions Development Fund (FIDF) in a deal worth 100 billion baht.
Buyer beware
Business, Pathom Sangwongwanich, Published on 02/11/2015
» Using a credit card for your daily shopping or that occasional spree is a convenient form of payment. But think twice before gaily handing over your card to the counter cashier, for criminals and swindlers have been honing their skills to fraudulently get their hands on other people's credit cards.
Structural reform 'will help growth'
Business, Pathom Sangwongwanich, Published on 02/11/2015
» Thailand's economic recovery is expected to gain traction in the final quarter due to effects from the government's stimulus packages, but structural reform is still needed to enhance the country's growth prospects, say economists.
RCI, KC sign deal for tiles, logistics
Business, Pathom Sangwongwanich, Published on 30/10/2015
» SET-listed Royal Ceramic Industry (RCI) Plc yesterday signed a memorandum of understanding (MoU) with KC Property Plc to supply the property developer with tiles and logistical cooperation.
BoT, ADB slash 2015 forecasts
Business, Pathom Sangwongwanich, Published on 26/09/2015
» The Bank of Thailand and the Asian Development Bank (ADB) yesterday cut their Thai economic growth forecasts for this year and next.
BoT orders SSI creditors to obey rules
Business, Pathom Sangwongwanich, Published on 24/09/2015
» The Bank of Thailand has instructed creditors of debt-ridden Sahaviriya Steel Industries Plc (SSI) to also set aside loan-loss provisions for the parent company of SSI UK by the end of this month to comply with regulations.
Central bank will weaken baht
Business, Pathom Sangwongwanich, Published on 29/08/2015
» With the Bank of Thailand’s policy space approaching its limit, plans are being formulated to weaken the baht’s value by relaxing curbs on capital outflows to promote international investment.