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WORLD

Many shades of grey

Asia focus, Pathom Sangwongwanich, Published on 06/02/2017

» Not far from Angkor Wat lies a village of wooden homes where 19 year-old Pa Kim San stands out among the other residents. As the treasurer of the local older people's association (OPA), the young Cambodian brings youthful energy to the mission of caring for the grey-haired community.

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BUSINESS

Personal loans eyed for business purposes

Business, Pathom Sangwongwanich, Published on 26/06/2015

» The Bank of Thailand has requested the Finance Ministry include occupational purpose as part of personal loan information.

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BUSINESS

Cashing in on low rates

Business, Pathom Sangwongwanich, Published on 18/05/2015

» A mortgage is a long-term financial commitment, a lifetime one in some cases. Refinancing at a time when mortgage rates are low can lock in cheap rates for years, reduce mortgage payments, shorten the period for paying off the balance and help to build equity more quickly.

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BUSINESS

Lenders ask BoT for wider customer base

Business, Pathom Sangwongwanich, Published on 14/05/2015

» Five nanofinance licence holders have asked the central bank to widen lending criteria to more than just for occupational purposes.

BUSINESS

Nod for nanofinance imminent

Business, Pathom Sangwongwanich, Published on 16/04/2015

» The first three applicants for nanofinance's operating licences are expected to win the Finance Ministry's approval after the Songkran holidays, says a senior Bank of Thailand official.

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BUSINESS

Seven non-bank institutions seek nanofinance licences

Business, Pathom Sangwongwanich, Published on 26/02/2015

» The first seven non-bank financial institutions have submitted their applications to the Bank of Thailand for a nanofinance operator's licence.

BUSINESS

Non-banks keen to lend

Business, Pathom Sangwongwanich, Published on 28/01/2015

» Fourteen non-bank financial institutions have expressed interest in being lenders for the nanofinance scheme, says a senior Bank of Thailand official.