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Search Result for “banks”

Showing 1 - 10 of 19,583

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THAILAND

Stiglitz Advocates for Economic Freedom Rooted in Humanitarianism

Published on 22/10/2024

» The world is changing rapidly, and the natural world is being absorbed by ever-increasing consumption. Simultaneously, technology is playing a growing role in shaping the economy, society, and inequality. 

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GENERAL

Banks post modest increase in profits

Business, Somruedi Banchongduang, Published on 22/10/2024

» The banking sector reported a modest increase in profits for the first nine months of 2024, driven by gains in both interest and fee income, while continuing to allocate substantial reserves for loan losses in preparation for heightened uncertainties.

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GENERAL

Boost seen from Thai Airways rehab exit

Business, Nareerat Wiriyapong, Published on 22/10/2024

» Creditors of Thai Airways International (THAI), especially Bangkok Bank (BBL) and Krungthai Bank (KTB), will receive a boost from the national carrier's planned exit from its rehabilitation plan in mid-2025 as the banks are being given multiple options for debt repayment, analysts say.

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GENERAL

Call for investment in Thai transport

Business, Kuakul Mornkum, Published on 22/10/2024

» Thailand urgently needs to develop its transportation infrastructure, including rail and air, to support regional connectivity and promote tourism, according to The Mall Group Co, a leading Thai retail operator.

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OPINION

Brics could be catalyst for global revamp

Oped, Brahma Chellaney, Published on 22/10/2024

» A new age of international relations is dawning. With the West accounting for a declining share of global GDP, and the world becoming increasingly multipolar, countries are jostling to establish their positions in the emerging order. This includes both the emerging economies -- represented by the recently expanded Brics grouping -- that seek a leading role in writing the rules of the new order, and the smaller countries attempting to cultivate relationships that can safeguard their interests.

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THAILAND

ICONSIAM Launches 60 Campaigns to Boost Thai Tourism

Published on 21/10/2024

» ICONSIAM, the global landmark on the banks of the Chao Phraya River, is employing an “Experiential Marketing” strategy aimed at creating exceptional experiences and reaffirming its status as a must-visit global destination. In collaboration with partners from all sectors, ICONSIAM is investing up to 300 million baht to launch over 60 marketing campaigns throughout the final quarter of the year, culminating in the grand “Amazing Thailand Countdown 2025.” Featuring world-renowned artists, this event reinforces ICONSIAM’s position as the ultimate Global Countdown Destination. The venue expects to see a 20% increase in traffic, stimulating the tourism sector and contributing to Thailand’s ongoing economic growth.

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INVESTMENT

Falling interest rates to benefit Thai banks

Nuntawun Polkuamdee, Published on 21/10/2024

» As global interest rates are clearly on a downward trend, with the Bank of Thailand expected to cut its policy rate again in December, banking stocks should benefit, according to analysts.

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GENERAL

BoT says slowdown won't lead to loan contraction

Business, Somruedi Banchongduang, Published on 21/10/2024

» The Bank of Thailand expects lending in the banking sector will not contract this year despite a slowdown based on ongoing debt deleveraging.

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WORLD

Floods destroy 1.1m tonnes of rice in Bangladesh

Published on 20/10/2024

» DHAKA - Floods in Bangladesh have destroyed an estimated 1.1 million metric tonnes of rice, according to data from the agriculture ministry, prompting the country to ramp up imports of the staple grain amid soaring food prices.

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THAILAND

Handout scheme to reach non-smartphone users

News, Post Reporters, Published on 20/10/2024

» The government will allow people without smartphones to register for the 10,000-baht handout scheme at state banks next month, Deputy Finance Minister Julapun Amornvivat said.