Showing 1 - 10 of 675
Banks post modest increase in profits
Business, Somruedi Banchongduang, Published on 22/10/2024
» The banking sector reported a modest increase in profits for the first nine months of 2024, driven by gains in both interest and fee income, while continuing to allocate substantial reserves for loan losses in preparation for heightened uncertainties.
China steps up stimulus campaign
Published on 12/10/2024
» BEIJING - China pledged on Saturday to “significantly increase” debt to revive its sputtering economy, but left investors guessing about the overall size of the stimulus package, a vital detail to gauge the longevity of its recent stock market rally.
United Thai Nation party pushes credit bill to help ease debt
News, Post Reporters, Published on 12/10/2024
» The United Thai Nation (UTN) Party has proposed a bill to reform the credit bureau law to create opportunities for people to access credit and reduce the likelihood of them becoming indebted to loansharks.
Focus on domestic plays amid global turmoil
Business, Published on 05/10/2024
» The SET index rebounded from its monthly low of 1,352 points in September, reaching a 10-month high of 1,471 by the end of the month. The breakthrough above 1,430, which has been a key resistance level since November 2023, indicates a positive trend.
Pushing banks towards green finance
News, Sarinee Achavanuntakul, Published on 02/10/2024
» In an earlier article in this space, I mentioned that "the Bank of Thailand should integrate [Thailand] taxonomy into its reporting and disclosure regulations for the financial sector, as the EU has done, because the public scrutiny of activities in the banking sector can and should be part of the learning process on the journey towards greener finance".
Entering a new era
Business, Published on 28/09/2024
» As we enter the final quarter of 2024, we have arrived at a new perspective on the economy and investment outlook for the fourth quarter and into 2025, focusing on three main points:
BAAC targets older folks switching to farming
Business, Wichit Chantanusornsiri, Published on 26/09/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is preparing to launch a new loan product aimed at encouraging salaried workers aged 50 and older to invest in agricultural careers, providing them with supplementary income after they retire.
China giving rare cash handouts to the poor
Published on 25/09/2024
» China is preparing to give one-off cash handouts to people in extreme poverty before Tuesday, in a rare announcement of direct aid just a day after announcing a sweeping programme to stimulate its sluggish economy.
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
TIDLOR Showcases Insurance Brokerage Technology
Published on 16/09/2024
» Ngern Tid Lor Public Company Limited ("TIDLOR" or "the Company"), led by Mr. Piyasak Ukritnukun, Managing Director, stated that an overview of the company’s business performance in the past, in addition to the continuous growth of the vehicle title loan business, currently boasting over 100 billion baht in outstanding loan portfolio and firmly establishing TIDLOR as a market leader. In parallel, the company has also focused on expanding its insurance brokerage business, driven by a commitment to increase public access to insurance coverage. As part of this initiative, TIDLOR pioneered the introduction of 0% cash installment service for car insurance premiums, which was gained widespread popularity among consumers due to its obvious benefits and has since become a standard offering in the industry. Today, many insurance brokers have adopted this service model, making it a widely accepted solution for customers.