Showing 1 - 9 of 9
Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.
Care and feeding of a fragile economy
Business, Published on 08/10/2018
» Raising the policy interest rate at a time when the country's economy remains vulnerable could stall a recovery towards sustained growth, warns Finance Minister Apisak Tantivorawong.
TCG to push for more help for SMEs
Business, Published on 04/09/2017
» The state-owned Thai Credit Guarantee Corporation (TCG) will discuss a new portfolio guarantee scheme (PGS) worth 150-200 billion baht with the Finance Ministry in early October. The scheme is meant to allow small businesses continued access to bank loans amid the uneven economic recovery.
Greek drama and Chinese rout push shares down
Business, Published on 06/07/2015
» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.
Most talked-about stories of 2014
Business, Post Reporters, Published on 26/12/2014
» Historically, 2014 will go down as another disappointing year for most, as the Thai economy continued to suffer amid political uncertainty, policy questions and weak global growth.
Govt vs. Bank of Thailand
Jon Fernquest, Published on 25/01/2012
» Politicians dump 1997 crisis debt on banking sector with tax on bank deposits (govt banks exempt) law made in cabinet, not parliament.
Flood-zone home prices?
Jon Fernquest, Published on 06/12/2011
» Flood area property values likely to drop. Flood safe areas (Srinakarin, Bang Na, Rama IX) & condos more attractive.
Escrow accounts to protect homebuyers
Jon Fernquest, Published on 28/09/2011
» Escrow for real estate purchases now available. Escrow law to protect homebuyers took effect in 2008 but banks still don't offer service.
Eternal youth for 100 year old bank
Jon Fernquest, Published on 12/09/2011
» 100 years old, the Government Savings Bank is becoming young again, helping rural communities, with only 1.1% non-performing loans,