Showing 1 - 10 of 18
Italian-Thai Development faces B108bn debt crunch as overseas projects fail
Bloomberg News, Published on 14/03/2024
» A cash crunch at Thailand's largest construction company is fuelling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults.
Central banks buying more gold than previously thought
Bloomberg News, Published on 31/10/2023
» NEW YORK - Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that have faced pressure from global monetary tightening.
Bank of Thailand head says virus fight may need 1 trillion baht more
Bloomberg News, Published on 16/08/2021
» The governor of the Bank of Thailand (BoT) has called for an additional 1 trillion baht in government spending to counter coronavirus, saying the blow to the economy from the pandemic is greater than from the Asian financial crisis in 1997.
Pandemic pushes millions of small Thai companies into crisis
Bloomberg News, Published on 06/07/2021
» Many small and medium-sized enterprises, the backbone of Thailand’s economy, are struggling with crushing debt loads that could force them out of business as the latest wave of Covid infections dims the prospects for an economic recovery.
Lenders able to deal with virus impact: Bank of Thailand
Bloomberg News, Published on 23/08/2020
» Thailand’s commercial banks are financially sound and are able to withstand any economic impact from the pandemic, Bank of Thailand (BoT) Deputy Governor Ronadol Numnonda said in a statement Sunday.
Emerging markets rally faces headwinds
Bloomberg News, Published on 17/08/2020
» The emerging-market rally that has all but wiped out the losses since the start of the coronavirus pandemic looks headed for a late-August reappraisal amid a resurgence of trade tensions and delays to a US stimulus.
Emerging markets stumble as US-China tensions return
Bloomberg News, Published on 24/05/2020
» Just as early bets on an emerging-market recovery start fuelling appetite for stocks and currencies, an old bugbear is reappearing to haunt investors: US-China tensions.
Germany wants firms to suspend dividends for virus aid
Bloomberg News, Published on 30/03/2020
» German listed companies will be asked to suspend dividend payments to qualify for government assistance designed to ease the impact of the coronavirus crisis.
India locks down 1.3bln people
Bloomberg News, Published on 25/03/2020
» NEW DELHI: India has imposed a three-week long nationwide lockdown for its 1.3 billion people, the most far-reaching measure undertaken by any government to curb the spread of the coronavirus pandemic.
Virus update: China deaths top 3,000; California declares emergency
Bloomberg News, Published on 05/03/2020
» Deaths from the coronavirus surpassed 3,000 in China, although the first country hit by the disease also announced progress on discharging people after treatment. California called a state of emergency, underscoring the global spread of the disease.