Showing 1 - 10 of 71
Loan shark targets ministry canteen in Bangkok
Wassayos Ngamkham, Published on 15/12/2024
» Two people have been arrested in the food court at the Ministry of Culture’s office in Bangkok's Huai Khwang district for loansharking, the Crime Suppression Division (CSD) said on Sunday.
Arrested politician Samart denies money-laundering with iCon Group
Online Reporters, Published on 26/11/2024
» Politician Samart Janechaijittawanich denied laundering money in relation to millions of baht he received from The iCon Group, the direct sales company being prosecuted for alleged public fraud, saying the sums were loans and donations, according to the Department of Special Investigation (DSI).
End Japan's loans to Myanmar's Tatmadaw
News, Published on 26/11/2024
» More than 3.5 years after the Myanmar military (Tatmadaw) attempted to seize control of the country through a coup, the Japanese government continues to provide Official Development Assistance (ODA) and public funds that benefit the military junta. Despite the sacrifices of the Myanmar people to end the Myanmar military's decades-long oppression, Japan's "assistance" risks burdening survivors with enormous loans that potentially enable the military to continue its atrocities against the very people it is meant to aid.
Banks slash lending rates after Bank of Thailand cut
Business, Somruedi Banchongduang, Published on 23/10/2024
» Large local banks have announced reductions across the board for their prime lending interest rates following the Bank of Thailand's policy rate cut, aiming to ease the financial burden for borrowers.
Rice secrecy has to go
Jon Fernquest, Published on 20/06/2013
» Rice secrets finally released to public. 136 billion baht in losses for 2011-12 govt rice purchases. Raise income for poor farmers but without market distortions.
Govt rice losses: 130 billion baht, not 34 bil
Jon Fernquest, Published on 17/06/2013
» Low estimate didn't include market value of unsold rice in storage. Rice is perishable & falls in value so market value is real value (mark-to-market).
Stock market: Sudden fall & weak baht (update)
Jon Fernquest, Published on 12/06/2013
» Baht weakening (& improvement for exporters) after foreign investment money pulled out of Thailand & sent back to US with US credit rating improvement.
Used car prices collapse
Jon Fernquest, Published on 07/06/2013
» Used cars usually retain value at 30% of new price. Likely drop to 50% of new car price with govt 1st car scheme flood of new cars.
Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
High speed rail coming to Laos
Jon Fernquest, Published on 11/04/2013
» Paying for high speed rail through Laos to China will take 80% of the Laos national budget but China govt banks will help with loans.