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THAILAND

Why Choose a BIG. FAIR. HUMAN. Broker?

Published on 13/09/2024

» In the fast-paced and competitive realm of finance, choosing the right broker is crucial for achieving success in your trades. Among the myriads of choices available, XM stands out as a broker that has garnered the trust of over 10 million traders globally. This article delves into the core values that make XM a "Big. Fair. Human." broker and why it has become the preferred choice for traders around the world.

GENERAL

KBank, BAM set up asset management company

Business, Somruedi Banchongduang, Published on 12/09/2024

» Kasikornbank (KBank) has partnered with Bangkok Commercial Asset Management (BAM) to establish a joint venture asset management company (JV-AMC) to handle non-performing loans (NPLs).

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MOTORING

Thailand's EV makers seek to renegotiate govt incentives as sales slow

Reuters, Published on 11/09/2024

» As sales of electric vehicles (EVs) miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives.

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INVESTMENT

SET trumpets recent improvement

Business, Nuntawun Polkuamdee, Published on 11/09/2024

» The Thai stock market has soared the highest in Asia this month-to-date, rising 6% in dollar terms, with foreign investors returning to become net buyers of more than 20 billion baht, supported by both domestic and external factors, says the Stock Exchange of Thailand (SET).

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GENERAL

Thai household debt at record high

Published on 10/09/2024

» Average household debt in Thailand has reached a record high due to slow economic growth, lower incomes and high living costs, and people are having trouble servicing their loans, a survey showed on Tuesday.

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THAILAND

Rakesh Saxena freed from jail, will be deported

Wassayos Ngamkham, Published on 10/09/2024

» Police have detained Bangkok Bank of Commerce (BBC) collapse kingpin Rakesh Saxena following his release from prison and he will be deported.

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THAILAND

Thailand to begin distribution of handout scheme this month

Published on 09/09/2024

» Thailand will distribute 145 billion baht of its "digital wallet" handout programme earlier than scheduled to support vulnerable groups, a deputy finance minister said on Monday, stressing the need for short-term economic stimulus.

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THAILAND

Govt in debate crosshairs

Post Reporters, Published on 09/09/2024

» The opposition and the Senate are set to put the new government in the crosshairs when it spells out its policy statement in parliament this week, with the ruling Pheu Thai Party's digital wallet handout scheme among the main targets.

GENERAL

Economists push authorities for looser monetary policy

Business, Somruedi Banchongduang, Published on 09/09/2024

» Economists believe the time is right for an accommodative monetary policy to ease financial tightening and improve economic activity.

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THAILAND

Thai PM Paetongtarn to prioritise tackling B16tn household debt

Published on 08/09/2024

» Thailand’s new government plans to expedite a sweeping debt restructuring to tackle an estimated $474 billion of household liability, offer financial assistance to small businesses and accelerate fiscal stimulus to lift growth.