Showing 1 - 10 of 117
Developing a strategy resilient to risk
Business, Wichit Chantanusornsiri, Published on 15/06/2024
» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.
Minister unveils effort to shrink credit blacklist
Business, Wichit Chantanusornsiri, Published on 30/05/2024
» Finance Minister Pichai Chunhavajira has pitched shortening the duration for bad debtors to remain on the National Credit Bureau's blacklist, allowing them to access new borrowing opportunities sooner.
Government Savings Bank, Bangkok Commercial Asset to set up joint venture
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The Finance Ministry expects Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM) to establish a joint venture asset management company (AMC) next month.
Central bank urged to take FIDF debt burden
Business, Wichit Chantanusornsiri, Published on 11/05/2024
» A proposal by a Finance Ministry official to shift the debt burden responsibility of the Financial Institutions Development Fund (FIDF) to the Bank of Thailand (BoT) has been put forward, as the central bank is already responsible for repaying both the principal and interest of the debt.
Study into hydrogen power for use at government complex
Business, Wichit Chantanusornsiri, Published on 28/03/2024
» The Government Complex on Chaeng Watthana Road in Bangkok is studying the feasibility of utilising energy from hydrogen gas to produce electricity for itself.
IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
GSB told to ease up on informal debtors
Business, Wichit Chantanusornsiri, Published on 19/02/2024
» The Finance Ministry has ordered the Government Savings Bank (GSB) to consider relaxing conditions for informal debtors, says Deputy Finance Minister Krisada Chinavicharana.
Ministry prepares next phase of debt suspension
Business, Wichit Chantanusornsiri, Published on 08/02/2024
» The Finance Ministry plans to launch the second phase of a three-year debt suspension scheme for farmers in April, says Deputy Finance Minister Julapun Amornvivat.
GH Bank targets 3% loan growth
Business, Wichit Chantanusornsiri, Published on 31/01/2024
» Government Housing Bank (GH Bank) aims to expand loans by 3% this year, higher than last year's target, in line with the country's economic expansion, says president Kamonpop Veerapala.
Joint ventures recommended for debtors
Business, Wichit Chantanusornsiri, Published on 12/01/2024
» The Finance Ministry is promoting joint investment by specialised financial institutions (SFIs) and asset management companies (AMCs), setting up joint venture asset management companies (JV-AMCs) to assist debtors that have 3 million accounts with a total value of 230 billion baht, says Paopoom Rojanasakul, secretary to the finance minister.