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Search Result for “debt”

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GENERAL

Big Tech sell-off takes toll on Asian equities

Business, Published on 27/07/2024

» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.

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GENERAL

MTL offers life insurance for an ageing population

Business, Nuntawun Polkuamdee, Published on 27/07/2024

» Muang Thai Life Assurance (MTL) is capitalising on the fact that Thailand is now an ageing society by creating life insurance products that serve people aged up to 99.

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GENERAL

Finance Ministry raises GDP growth expectations

Published on 26/07/2024

» Thailand's economy is expected to grow 2.7% in 2024, the Ministry of Finance said on Friday, up from a previous forecast of 2.4% due to higher foreign tourist arrivals and exports.

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GENERAL

City Hall vows to pay BTS debt

Published on 26/07/2024

» The Bangkok Metropolitan Administration (BMA) has promised to pay 11.75 billion baht, the amount of debt plus interest owed, to the Skytrain operator Bangkok Mass Transit System Plc (BTSC) for operating the Green Line, as ordered on Friday by the Supreme Administrative Court.

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MOTORING

Thailand cuts car manufacturing target to 1.7m in 2024

Business, Lamonphet Apisitniran, Published on 26/07/2024

» Months-long sluggish car sales have caused the Federation of Thai Industries (FTI) to reduce its car manufacturing target for 2024 to 1.7 million units, down from 1.9 million units.

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PROPERTY

Price index of vacant land dips in Q2

Kanana Katharangsiporn, Published on 26/07/2024

» The price index of vacant land in Greater Bangkok declined in the second quarter of this year compared to the first quarter, primarily due to the slow economic recovery and a downturn in the residential market.

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GENERAL

Household debt pressures growth

Business, Nuntawun Polkuamdee, Published on 26/07/2024

» The high level of household debt has continued to pressure economic growth and is holding back investors' decision on whether or not to invest more, a recent survey conducted by the Association of Investment Management Companies (AIMC) has found.

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MOTORING

Car production drops sharply, local sales fall

Reuters, Published on 25/07/2024

» Car production in Thailand fell 20.11% in June from a year earlier due to tighter financing rules and high consumer debt, and full-year production is now expected to be lower than in 2023, the Federation of Thai Industries (FTI) said on Thursday.

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GENERAL

SCGD looks to Asean to boost revenue by 10%

Business, Lamonphet Apisitniran, Published on 25/07/2024

» SCG Décor (SCGD), a decor surface and bathroom business operator, expects its revenue to grow by 10% year-on-year to 30 billion baht, driven by more sales, including sales of green products, in the Asean market.

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GENERAL

KBank sees mobile app loans fall by 20%

Business, Somruedi Banchongduang, Published on 25/07/2024

» Loan applications through K-Plus, a mobile banking app under Kasikornbank (KBank), have declined by around 20% after the bank slowed its lending growth via the digital platform last year.