Showing 1 - 10 of 179
Hunting for a place at the financial table
Wichit Chantanusornsiri, Published on 16/08/2024
» Amid the wreckage of the 1997 Asian financial crisis, also known as the "Tom Yum Kung" crisis, the Thai financial sector worked to develop a strong and resilient infrastructure.
Ministry seeks to adjust inflation target
Business, Wichit Chantanusornsiri, Published on 28/06/2024
» The Finance Ministry wants an inflation framework that can better drive the economy forward, according to Deputy Finance Minister Paopoom Rojanasakul.
Special banknote for king's birthday
Wichit Chantanusornsiri, Published on 20/06/2024
» The Bank of Thailand (BoT) will issue 10 million commemorative banknotes for the auspicious occasion of His Majesty the King’s 72nd birthday on July 28.
Ministry aims to purge bad loans from bureau blacklist
Business, Wichit Chantanusornsiri, Published on 17/06/2024
» The Finance Ministry plans to hold talks with the Bank of Thailand and National Credit Bureau (NCB) about ways to reduce non-performing loans (NPLs) resulting from the impact of the pandemic, known as Code 21 debtors, in a bid to remove them from the bureau's blacklist sooner so they can access credit.
Ministry readies debt restructuring measures
Business, Wichit Chantanusornsiri, Published on 29/05/2024
» The Finance Ministry looks set to implement debt restructuring measures for individuals to help increase their disposable income.
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.
‘No reason’ to resist rate cut, says finance official
Wichit Chantanusornsiri, Published on 22/03/2024
» The Bank of Thailand no longer has any reason to refrain from reducing its policy interest rate, says a senior official of the Ministry of Finance.
Virtual bank licensing criteria set
Business, Wichit Chantanusornsiri, Published on 06/03/2024
» The Finance Ministry has announced the criteria to apply for a virtual bank licence, with initial registered capital set at 5 billion baht.
Ministry keeps an eye on debentures
Wichit Chantanusornsiri, Published on 10/01/2024
» The Finance Ministry is closely monitoring problems with corporate debenture repayments, says permanent secretary Lavaron Sangsnit.
Commercial banks turn cautious with SMEs
Business, Wichit Chantanusornsiri, Published on 21/11/2023
» Commercial banks are being more cautious in granting loans to small and medium-sized enterprises (SMEs), while housing loans have slowed down due to rising interest rates and rising living costs, said Atchana Lamsam, the Bank of Thailand's senior director of modelling in the supervision and risk assessment department, in a statement providing an overview of commercial banks in the thrird quarter of 2023.