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Showing 1-10 of 1,095 results
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Central bank urges banks to help vulnerable
Business, Somruedi Banchongduang, Published on 25/04/2024
» The Bank of Thailand (BoT) is allowing commercial banks to adapt their business models to help vulnerable customers, in response to the prime minister's directive urging large local banks to lower lending interest rates for vulnerable groups and small businesses.
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Bad loans set to surge at banks in Q1
Business, Somruedi Banchongduang, Published on 19/04/2024
» The banking sector is poised for higher non-performing loans (NPLs) in the first quarter this year, stemming from retail and small and medium-sized enterprises (SMEs), according to brokerages.
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How to save the pandemic treaty
Oped, Mariana Mazzucato, Published on 03/04/2024
» Recent drafts of a global pandemic treaty have been widely criticised as "shameful and unjust". When the latest round of negotiations opened on March 18, it was clear that a key lesson of the Covid-19 pandemic was being ignored: public health and the health of the economy are interdependent.
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UOBAM steers investors towards corporate bonds
Nuntawun Polkuamdee, Published on 29/03/2024
» UOB Asset Management (UOBAM) recommends investors reduce their cash and short-term government debt instrument holdings as the cycle of interest rate hikes has passed.
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Images search for " debt relief "
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More affordable climate finance
Oped, Published on 14/03/2024
» Emerging-market and developing economies (EMDEs) will need an estimated US$2.4 trillion (86 trillion baht) in climate investment annually to meet climate goals, according to the Independent High-Level Expert Group on Climate Finance, with $1 trillion coming from external sources. Achieving the United Nations Sustainable Development Goals (SDGs) will require even more financing: an increase of $3.5 trillion in new investments annually by 2030. These are daunting figures. But they are also non-negotiable.
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TTB's Responsible Lending Paves Path to Sustainable Banking
Published on 11/03/2024
» Chairman of TMBThanachart (TTB) unveils the 2024 strategic plan, focusing on products and services development through Ecosystem Play, utilising digital channels as the primary platform for developing and managing personalised customer relationships. Aligned with the government’s policy to alleviate Thais’ debt burdens, the TTB strategy underscores Responsible Lending and Transition Finance to assist clients in transitioning to eco-friendly business models. This reinforces the Bank’s commitment to sustainable banking and enhancing the financial well-being of Thai people, with the Bank’s goal of achieving Net-zero Commitment.
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Advisor insists public debt still at reasonable level
Business, Wichit Chantanusornsiri, Published on 09/03/2024
» Despite an increase in public debt during the pandemic, the Public Debt Management Office (PDMO) insists the level remains manageable.
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The battle over interest rates
Business, Published on 04/03/2024
» A rift over interest rates between Prime Minister Srettha Thavisin and the Bank of Thailand, led by governor Sethaput Suthiwartnarueput, has remained in the media spotlight for months.
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GSB told to ease up on informal debtors
Business, Wichit Chantanusornsiri, Published on 19/02/2024
» The Finance Ministry has ordered the Government Savings Bank (GSB) to consider relaxing conditions for informal debtors, says Deputy Finance Minister Krisada Chinavicharana.
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Digital wallet should be implemented
Oped, Thitinan Pongsudhirak, Published on 16/02/2024
» The big debate in Thailand's current economic policy planning is whether the economy is facing a crisis or not. The government of Prime Minister Srettha Thavisin, who doubles as finance minister, has contended that there is an economic crisis in dire need of both monetary policy loosening and fiscal stimulus, particularly the 500-billion-baht digital wallet scheme. The Bank of Thailand, supported by a clique of economists apparently critical of the government's "populist" policy measures, asserts otherwise that an economic recovery is in progress without the need to lower the benchmark repurchase rate.
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