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Search Result for “Interest rates”

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THAILAND

Srettha touts new stimuli

News, Aekarach Sattaburuth, Published on 22/06/2024

» The government will roll out additional measures to stimulate the sluggish economy next week, Prime Minister Srettha Thavisin said on Friday.

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THAILAND

Student poverty ‘falling on deaf ears’

Aekarach Sattaburuth, Published on 20/06/2024

» The government is paying insufficient attention to the dire need for extra funds to save millions of students from leaving the education system because they have run out of money, says an opposition MP.

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THAILAND

Krungthai-AXA Life Launches ‘LifeReady’ Campaign

Published on 14/06/2024

» Krungthai-AXA Life Insurance Public Company Limited, a leading life and health insurer, has unveiled its latest advertising campaign titled "Enjoy Life, worry free" for the LifeReady insurance plan. This plan offers life coverage until the age of 99 and includes a range of premium payment options, enabling individuals to prepare for a secure future. The company also introduces two new presenters, Khun Yaya Urassaya Sperbund and Khun Tor Thanapob Leeratanakajorn, who embody the values of the new generation, emphasising the importance of effective life planning and embracing a fulfilling lifestyle.

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THAILAND

99Bitcoins Presale Token Surpasses $2 Million Milestone

Published on 14/06/2024

» 99Bitcoins, a leading platform for crypto education, has launched its 99Bitcoins ($99BTC) token to educate users about crypto trading and blockchain technology.

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THAILAND

Double A Issues Bonds with Up to 5.80% Interest

Published on 13/06/2024

» Double A is set to offer bonds 1/2024 worth up to 2.5 billion baht, with subscription open from 1-4 July 2024. The company reports continuous strong performance, with TRIS Rating giving it a BBB (Stable) rating, reflecting the business's strength.

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THAILAND

Srettha won't parachute adviser into BoT

News, Mongkol Bangprapa, Published on 13/06/2024

» Prime Minister Srettha Thavisin has insisted his chief adviser and former finance minister Kittiratt Na-Ranong is not eligible to vie for the top seat on the board of the Bank of Thailand (BoT) to replace the incumbent whose term expires in September 2025.

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THAILAND

Ways sought to assist in isles' growth

News, Supapong Chaolan, Published on 28/05/2024

» The government is looking to solve several problems, including water shortages and illegal businesses, that are hampering tourism in Koh Samui, Koh Phangan and Koh Tao.

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THAILAND

Divided on the economy

News, Published on 25/05/2024

» From the showdown between the ruling Pheu Thai Party and the Bank of Thailand (BoT) came a call for coalition parties to ponder parting ways with the government.

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THAILAND

TIDLOR Maintains "A/Stable" Rating from TRIS

Published on 24/05/2024

» Ngern Tid Lor Public Company Limited, or TIDLOR, announced the reaffirmation of its “A/Stable” rating by TRIS Rating Co., Ltd. This rating affirms the organisation's credit ranking and confirms that the company’s senior bonds are not immediately affected by the organisational and shareholding restructuring.

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THAILAND

MINT Q1 Profits Surge to THB 1,146M

Published on 15/05/2024

» Minor International Public Company Limited (“MINT”) on May 14, 2024, announced its first quarter 2024 financial results, posting a net profit of THB 1,146 million in 1Q24 notwithstanding 1Q being the low season for its most significant contributor, its European hotel business. This profit represented a significant improvement from a THB 976 million loss in 1Q23 and was attributable to stronger performance across all business units as well as favourable foreign exchange movements. At the core level, MINT recorded a core net loss of THB 352 million in 1Q24 (due to aforementioned seasonality of the European hotel business), representing a 46% improvement (less loss) from a core net loss of THB 647 million in 1Q23. MINT’s hotel and restaurant businesses both reported robust financial performance in 1Q24 from continued rising demand, which enabled the Company to implement strategic dynamic pricing, drive increased dine-in traffic and lock in further cost optimisation. Minor Hotels Thailand, Minor Hotels Australia and Minor Food all saw double-digit year-on-year growth. Meanwhile, Minor Hotels Europe and the Americas outperformed expectations by narrowing their y-y quarterly losses.