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Search Result for “government savings bank”

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THAILAND

Nearly 150k households receive relief

News, Surachai Piragsa, Published on 07/10/2025

» Nearly 150,000 households displaced by clashes between Thai and Cambodian troops along the border have begun receiving relief payments from the government, though many recipients say the amount is simply not enough to cover their losses, especially if fresh clashes erupt.

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GENERAL

Short-term help expected

Business, Post Reporters, Published on 06/10/2025

» The government led by Anutin Charnvirakul began its term on Oct 1 under a four-month mandate, ahead of the expected dissolution of parliament and upcoming general elections.

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GENERAL

Global, regional outlooks rise in October

Business, Published on 04/10/2025

» Global Market: We expect the global equity market will perform well in October due to the resumption of the US Federal Reserve rate-cutting cycle (twice this year and once each in 2026 and 2027), the easing of trade war concerns, lower geopolitical risks and a global economic recovery.

GENERAL

Asia tunes out US shutdown drama

Business, Published on 04/10/2025

» RECAP: Most emerging Asian markets recorded gains as investors shrugged off US government shutdown worries, with risk appetite rising because of local factors, and optimism about another US interest rate cut.

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WORLD

Error 404: 48 hours of confusion in Afghanistan during internet blackout

AFP, Published on 03/10/2025

» KABUL — Paralysed banks, grounded planes and chaotic hospitals: for two days, life ground to a halt in Afghanistan after the Taliban unexpectedly cut off the internet and phone networks.

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GENERAL

Planned bad debt firm to cover 3.8m debtors

Business, Wichit Chantanusornsiri, Published on 03/10/2025

» The asset management company (AMC) planned to address the bad debts of retail borrowers will cover 3.8 million eligible debtors with a total debt value of 120 billion baht, according to the Finance Ministry.

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GENERAL

New retirement lottery scheme slammed by critics

Business, Wichit Chantanusornsiri, Published on 03/10/2025

» Critics are arguing the new government's proposed online lottery for retirement savings is a weaker tool for building savings than the previous administration's "retirement lottery" programme.

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GENERAL

Analyst urges narrower interest rate spread

Business, Wichit Chantanusornsiri, Published on 29/09/2025

» The new governor of the Bank of Thailand is being urged to prioritise narrowing the spread between lending and deposit interest rates, which is the highest in Southeast Asia, while also managing the baht to align with regional currencies.

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GENERAL

Choppy waters for new BoT boss

Business, Post Reporters, Published on 29/09/2025

» Vitai Ratanakorn, the former president of Government Savings Bank (GSB), assumes the helm at the Bank of Thailand on Oct 1, with the change coming at a precarious time as the nation faces a complex mix of internal and external challenges.

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GENERAL

Credit bureau urges Thais to check records annually

Published on 26/09/2025

» The National Credit Bureau (NCB) is urging Thais to review their credit information annually to monitor their debt conditions and protect against financial fraud.