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Showing 1-10 of 638 results
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Bank of Thailand needs to communicate
News, Editorial, Published on 29/04/2024
» Prime Minister Srettha Thavisin's decision to meet key figures from Thailand's major commercial banks to discuss the possibility of cutting interest rates last week raised a lot of eyebrows. It was highly unusual for a prime minister to appeal directly to commercial banks to change interest rates, as the nation's financial institutions generally follow the rates prescribed by the Bank of Thailand (BoT).
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BAAC union queries lending capacity
Wichit Chantanusornsiri, Published on 18/04/2024
» The labour union of the Bank for Agriculture and Agricultural Cooperatives (BAAC) is seeking legal opinions about whether the government can borrow from the state-owned bank to support its costly digital wallet handout.
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Ministry seeks to boost SME funding
Business, Phusadee Arunmas, Published on 28/03/2024
» The Commerce Ministry is pushing small and medium-sized enterprises (SMEs) to take advantage of the Secured Transaction Act by using assets with economic value such as machinery, high-value trees and intellectual property as collateral to secure loans.
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‘No reason’ to resist rate cut, says finance official
Wichit Chantanusornsiri, Published on 22/03/2024
» The Bank of Thailand no longer has any reason to refrain from reducing its policy interest rate, says a senior official of the Ministry of Finance.
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A sneak peek at looming debt balloon
Business, Published on 14/03/2024
» Non-performing loans (NPLs), debt accumulation and stagnant purchasing power have weighed on domestic consumption since last year.
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BAAC pledges to solidify its financial status
Business, Wichit Chantanusornsiri, Published on 05/03/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has committed to solidifying its financial status, aiming to provide continued support to farmers and cap its non-performing loans (NPLs) at 4% this year.
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Low-carbon transition with data
Oped, Published on 28/02/2024
» Amid escalating climate crisis concerns, the imperative for businesses to reduce greenhouse gas (GHG) emissions does not slow down their growth; instead, it paves the way for new opportunities.
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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.
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Thai Credit Guarantee Corporation sets B115.6bn loan guarantee target
Business, Wichit Chantanusornsiri, Published on 15/02/2024
» Thai Credit Guarantee Corporation (TCG) has set a loan guarantee target of 115.6 billion baht for this year, up from 95 billion last year, while aiming to reduce the non-performing credit guarantees (NPGs) of 12,000 small and medium-sized enterprises (SMEs), says general manager Sittikorn Direksoonthorn.
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Tighter lending rules hinder condo market
Business, Kanana Katharangsiporn, Published on 13/02/2024
» The industrial and hotel sectors will continue to grow, unlike the condo market which will remain sluggish due to stricter rules for mortgage lending by banks, according to property consultant Knight Frank Thailand.
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