Showing 51 - 60 of 2,033
Harnessing Thailand's human capital
News, Peerasit Kamnuansilpa, Published on 28/06/2024
» Thailand is currently on a distressing trajectory towards depopulation, with the number of deaths each year surpassing the number of births. The latest available data from the Department of Provincial Administration paints a grim picture, showing over 48,000 more deaths than births last year. This number is set to escalate as the number of births continues to plummet and death rates surge. Should the current trend persist, by 2083, Thailand's population is projected to shrink by half to 33 million. The leading cause of this demographic dynamic is the decline in fertility rates among Thai women. These declining fertility rates have severe repercussions and thus warrant the attention and actions of national leaders.
Ascend Money bags $195m from MUFG unit
Business, Suchit Leesa-nguansuk, Published on 27/06/2024
» Ascend Money, a leading fintech firm under Charoen Pokphand Group, has secured investment from a subsidiary of Mitsubishi UFJ Financial Group Inc (MUFG) worth US$195 million to accelerate digital financial inclusion in Thailand, mainly in digital finance and lending to non-bank users.
Tris slashes corporate bond issuers
Business, Somruedi Banchongduang, Published on 27/06/2024
» Tris Rating, a Thai credit rating agency, has downgraded several corporate bond issuers since the beginning of this year, attributed to weakened financial conditions as economic growth slows.
Finnomena nudges investors to focus on foreign stocks
Business, Nuntawun Polkuamdee, Published on 26/06/2024
» Finnomena, a Thai investment management platform, recommends 100% investment in foreign stock markets until Thailand resolves its economic and social structural issues to drive economic growth, allowing listed companies to prosper.
Govt unveils plan to boost SET
News, Nareerat Wiriyapong, Published on 25/06/2024
» The Finance Ministry and stock market regulators on Monday announced measures to revitalise the sluggish Stock Exchange of Thailand (SET) index, yet they played down a request from stock analysts to revive the tax-incentive long-term equity funds (LTFs).
UOB Thailand Unveils Green Term Deposits
Published on 24/06/2024
» UOB Thailand announces the launch of its Green Term Deposit product in Thai Baht, Singapore Dollars and US Dollars, enabling corporate and institutional clients to directly engage in supporting Environmental, Social and Governance (ESG) projects that foster environmental conservation and sustainable development.
Political risk weighs on economy
Business, Published on 24/06/2024
» Thai politics is nearing a turning point, as next month the political fate of Prime Minister Srettha Thavisin and the leader of the opposition Move Forward Party (MFP) are scheduled to have their cases decided by the Constitutional Court.
Outdated laws hinder growth
Published on 24/06/2024
» Thailand's economy has become sluggish and can't be salvaged by simply injecting money through programmes such as the government's 500-billion-baht digital money handout scheme, which will likely help stimulate the economy in only one or two quarters, according to former prime minister Abhisit Vejjajiva.
Political jitters and sell-offs keep SET in doldrums
Business, Published on 22/06/2024
» The Thai stock market fell the past week as investor confidence was undermined by lingering political uncertainty, with two key court cases now poised to drag on into July or beyond.
Tiny Singapore sees sudden frenzy in deals worldwide
Bloomberg News, Published on 21/06/2024
» SINGAPORE - Singapore has turned into a hive of activity for mergers and acquisitions this quarter as investor confidence returns, helped by the relative economic and political stability of the island nation nestled in Southeast Asia.