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Search Result for “debt”

Showing 1 - 10 of 18,348

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SPORTS

US fund takes over Inter Milan

Published on 22/05/2024

» MILAN - The US investment fund Oaktree Capital Management has become the new owner of the Italian football champions Inter Milan after the club’s Chinese holding company missed a 395-million-euro loan payment.

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GENERAL

Banking sector NPLs edge up in Q1

Business, Somruedi Banchongduang, Published on 22/05/2024

» The Bank of Thailand reported higher non-performing loans (NPLs) for the banking industry in the first quarter this year, attributed to all types of loan products amid an uneven economic recovery.

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GENERAL

Cabinet approves plan to raise 2024 budget

Reuters, Published on 21/05/2024

» Thailand needs more stimulus measures to help the economy meet its potential after growth was lower than expected in the first quarter, Finance Minister Pichai Chunhavajira said on Tuesday.

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GENERAL

Red Lobster probes "endless shrimp" losses after bankruptcy filing

Reuters, Published on 21/05/2024

» NEW YORK - Red Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the role its majority owner Thai Union played in the restaurant chain's "endless shrimp" promotion that caused US$11 million in losses, court documents showed.

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GENERAL

Analysts expecting rate cuts to be delayed

Business, Somruedi Banchongduang, Published on 21/05/2024

» Following better-than-expected GDP growth in the first quarter, research houses are predicting that the Bank of Thailand will delay any policy rate cut until the end of this year or next year.

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THAILAND

Lawyer Arm faces rape charges

Wassayos Ngamkham, Published on 20/05/2024

» Phongsathon Suwannaraksa, a high-profile lawyer known for assisting sexual abuse victims, has been arrested for allegedly raping and blackmailing one of his own clients.

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GENERAL

Thailand has escaped recession: economic body

Published on 20/05/2024

» The economy has avoided a technical recession, with the National Economic and Social Development Council (NESDC) reporting on Monday that the country’s economy in the first quarter still grew by 1.5% compared with the corresponding period last year.

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GENERAL

Vietnam to prioritise economic growth as challenges mount

Published on 20/05/2024

» Vietnam’s government will prioritise supporting economic growth amid lingering challenges from weak global demand, Deputy Prime Minister Le Minh Khai said.

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GENERAL

Q1 GDP grows 1.5% y/y, above forecast

Published on 20/05/2024

» Thailand's economy expanded 1.5% in the first quarter from a year earlier, official data showed on Monday, beating analysts' expectations.

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OPINION

Land reform dangers

News, Editorial, Published on 20/05/2024

» The recent decision by the cabinet to amend regulations to allow farmers to use state land beyond agricultural purposes has raised concerns about potential misuse and exploitation for commercial benefits.