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Search Result for “Bank for Agriculture”

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GENERAL

Economic chiefs weigh steps to lift growth, credit access

Published on 27/05/2024

» Thailand’s economic chiefs underscored the need for urgent stimulus measures and improved access to credit for small business to accelerate growth rate in the short-term amid the highest interest rate in a decade and near-zero inflation.

GENERAL

KKP transitions to sustainable finance

Business, Somruedi Banchongduang, Published on 25/05/2024

» Kiatnakin Phatra Financial Group (KKP), the holding company of Kiatnakin Bank, is offering sustainable financial services with a focus on the real estate sector, providing green loans to both commercial and individual customers.

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GENERAL

Exports being held back by declining competitiveness

Business, Nareerat Wiriyapong, Published on 24/05/2024

» Declining competitiveness for key export segments such as automobiles has kept Thailand from cashing in on improving global trade, according to analysts, as some start to downgrade shipment projections amid contracting manufacturing output and a slim private investment recovery.

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GENERAL

Baht fundamentals have deteriorated

Business, Published on 23/05/2024

» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.

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GENERAL

Cabinet approves plan to raise 2024 budget

Reuters, Published on 21/05/2024

» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.

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GENERAL

Govt plans to increase budget by B122bn to fund handout scheme

Reuters, Published on 20/05/2024

» The government is seeking to increase the 2024 fiscal budget by 122 billion baht to fund its signature handout scheme, its Budget Bureau chief said on Monday, only a month after a delayed 3.48 trillion baht budget was passed.

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OPINION

Land reform dangers

News, Editorial, Published on 20/05/2024

» The recent decision by the cabinet to amend regulations to allow farmers to use state land beyond agricultural purposes has raised concerns about potential misuse and exploitation for commercial benefits.

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THAILAND

Landless farmers welcome payment update, new rules

News, Post Reporters, Published on 18/05/2024

» The cabinet has agreed in principle on a proposal to relax regulations imposed on the management of state land offered to landless farmers for agricultural purposes only, in a bid to add more value to this type of land, deputy government spokesman Karom Polpornklang said yesterday.

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THAILAND

Buffaloes vanish, leaving grandma unable to pay debts

Surachai Piragsa, Published on 12/05/2024

» BURI RAM: A grandmother in this northeastern province is facing financial ruin after her herd of 10 buffaloes suddenly disappeared. Charn Puangmalai was planning to sell them in order to her debt to a bank.

OPINION

Fertilisers will not fix food crisis

Oped, Published on 08/05/2024

» The world is confronting an unprecedented food crisis, exacerbated by the Covid-19 pandemic, Russia's war against Ukraine, and worsening climate conditions. But the problem is most acute in Africa, where 61% of the population faced moderate or severe food insecurity in 2022. And at a moment when effective solutions are urgently needed, policymakers are once again coalescing around the misguided belief that increased use of mineral and synthetic fertiliser is the key to boosting agricultural productivity and ending hunger on the continent.