Showing 1 - 10 of 607
Thai duo unite for US private credit
Business, Nuntawun Polkuamdee, Published on 29/05/2024
» Krungthai Asset Management (KTAM) has joined hands with Kiatnakin Phatra Securities (KKPS) to launch private funds in the US, aiming to capture high returns in the growing private credit business there, says KTAM chief executive Chavinda Hanratanakool.
Bill has ways of forcing updates
Life, James Hein, Published on 22/05/2024
» If you are a Microsoft user, private or business, there is a site you should keep an eye on. Search "Microsoft end of life dates" and then select the result with the heading "Overview – Product End of Support and Retirements", associated with learn.microsoft.com. On the left-hand side there are years. Click on 2025, for example, and you will see that Office 2016 and 2019 products will no longer be supported after Oct 14 of that year. On that same date, Windows 10 will be retired. For both of these there will be no new security updates. For some, this will not be an issue, but organisations will need to take note as it means their security will be potentially compromised after a while. Even with Windows 10 still outselling Windows 11, Microsoft will be pushing people to upgrade over the next 18 months and for many, this will no longer be free. People and organisations tend to stick with what works and Microsoft doesn't like that, so it stops supporting older products. The site will tell you when you will start to be at risk and after that you can decide what to do.
BBL: Regulator to okay 1% credit card fee this year
Business, Published on 17/05/2024
» The Bank of Thailand is expected to authorise credit card issuers charging a new 1% fee for overseas spending within this year, following efforts by businesses to improve understanding among cardholders.
Bureau sees 15% hike in overall NPLs
Business, Somruedi Banchongduang, Published on 14/05/2024
» The National Credit Bureau (NCB) recorded a 15% increase in overall non-performing loans (NPLs) in the first quarter of this year, primarily driven by auto and mortgage loan payment defaults.
Debt Clinic sees surge in applicants in Q1
Somruedi Banchongduang, Published on 13/05/2024
» The number of retail borrowers seeking assistance via the central bank’s Debt Clinic programme surged by 43% in the first quarter, indicating a growing resolve among financially vulnerable individuals to address non-performing loans (NPLs).
Credit card default risks surge in first quarter
Business, Somruedi Banchongduang, Published on 09/05/2024
» The risk of default on credit card loans rose significantly in the first quarter this year, driven by the central bank's mandate for a higher minimum payment rate.
Council anticipates 1-2% export growth
Business, Phusadee Arunmas, Published on 08/05/2024
» The Thai National Shippers' Council (TNSC) is confident exports will grow by 1-2% this year and suggested the planned hike in the daily minimum wage must be considered thoroughly, with supportive government measures provided under the wage committee mechanism.
Bond default risk minimal in Q2
Business, Nuntawun Polkuamdee, Published on 05/04/2024
» The likelihood of bonds defaults in the second quarter is relatively low, with total default value projected at less than 1% of the total outstanding market value, says the Thai Bond Market Association (ThaiBMA).
Bankers wary regarding debt
Business, Published on 19/02/2024
» The high level of profits posted by the Thai banking sector last year generated a good deal of controversy, with some commentators suggesting interest rates were too high.
Ministry prepares next phase of debt suspension
Business, Wichit Chantanusornsiri, Published on 08/02/2024
» The Finance Ministry plans to launch the second phase of a three-year debt suspension scheme for farmers in April, says Deputy Finance Minister Julapun Amornvivat.