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Search Result for “lending limit”

Showing 1 - 10 of 367

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THAILAND

Loan shark arrested for charging 3,400% annual interest

Online Reporters, Published on 17/08/2025

» A 37-year-old recently-released inmate has been arrested for running illegal money lending services with annual interest rates as high as 3,400%, Economic Crime Suppression Division (ECD) officers said on Sunday.

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GENERAL

SCB opts to scale down operations

Business, Somruedi Banchongduang, Published on 18/07/2025

» Siam Commercial Bank (SCB) plans to scale down its business operations over the next 12–18 months in response to a weaker outlook for the Thai economy.

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GENERAL

Challenges aplenty await central bank chief

Business, Post Reporters, Published on 14/07/2025

» As the search for the next governor of the Bank of Thailand nears its conclusion, with cabinet approval of the chosen candidate expected within days, attention is rapidly shifting to the challenges awaiting the appointee.

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THAILAND

Seven Vietnamese loan sharks arrested

News, Online Reporters, Published on 21/06/2025

» Seven Vietnamese people have been arrested at a house in Pathum Thani for operating an illegal online lending business, charging customers in Vietnam high floating interest rates, Thai police said on Saturday.

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OPINION

Shape of new climate politics emerges

News, Published on 07/06/2025

» Only a few months ago, a headline like "United States sets tariffs of up to 3,521% on solar panels from Southeast Asia" could have been dismissed as satire. Today, it's nothing special, one of many published amid an uninterrupted fusillade accompanying Donald Trump's first 100 days in power. Yet it's also part of something bigger, as axes of economic power shift, technological changes surge, and popular sentiments reconfigure and metastasise. Amid that fracturing world order, how should we consider the climate crisis?

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GENERAL

Would more debt fix the economy?

Business, Wichit Chantanusornsiri, Published on 17/05/2025

» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.

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GENERAL

KKP targets flat growth in mortgages and bad loans

Business, Somruedi Banchongduang, Published on 16/05/2025

» Kiatnakin Phatra Bank (KKP) expects flat mortgage growth this year under its selective lending strategy, aiming to keep non-performing loans (NPLs) at their existing level.

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INVESTMENT

Trump's China signals give shares a lift

Business, Published on 10/05/2025

» RECAP: Asian stocks advanced yesterday after US President Donald Trump announced a trade deal with the UK and signalled that tariffs on Chinese goods may fall if preliminary talks this weekend in Switzerland go well.

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GENERAL

Prabowo faces investor revolt over Indonesia’s economic path

Published on 21/03/2025

» For months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked anxiety in markets. This week’s sudden rout suggests investor patience is wearing thin.