Showing 1 - 10 of 41
Retirement lottery to the rescue
Business, Wichit Chantanusornsiri, Published on 25/07/2024
» It is alarming that nearly half of the country's workforce, comprising 37.5 million people, lacks a retirement savings plan.
Scrutinising the need for overseas bonds
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Several heads turned when the government said last week it is considering a plan to raise US$1 billion (about 36 billion baht) worth of foreign currency-denominated bonds, with some observers expressing doubts about worthiness and the risk of currency devaluation.
Arkhom calms jitters
Business, Wichit Chantanusornsiri, Published on 23/03/2023
» Finance Minister Arkhom Termpittayapaisith has offered reassurance that Thai financial institutions will not be affected by the banking debacle in the US and Europe as local organisations have little exposure to such banks.
Govt mulls ways to keep State Oil Fund from sinking
News, Wichit Chantanusornsiri, Published on 06/07/2022
» The Energy Ministry is considering ways to boost the State Oil Fund, which is more than 100 billion baht in debt, a well-placed source revealed on Tuesday.
THAI seeks B25bn loan, expands cargo flights by 30 routes
News, Wichit Chantanusornsiri, Published on 12/11/2021
» Thai Airways International (THAI) is expected to seek 25 billion baht in loans to boost its financial liquidity as the airline expands its cargo flight services to a further 30 routes from now until March next year.
Shaving shipping risk
Business, Wichit Chantanusornsiri, Published on 15/03/2021
» The pandemic is a once-in-a-century crisis that will leave scars in the form of persistent economic damage, and some insurance companies see the risks as a ticking time bomb.
Tourism firms lap up GSB loan offer
Business, Wichit Chantanusornsiri, Published on 19/02/2021
» Several Thai tourism operators have used their land as collateral for the Government Savings Bank's (GSB) loan programme.
Liquidity support for hospitality firms underway
Business, Wichit Chantanusornsiri, Published on 02/02/2021
» The Finance Ministry has promised to look into devising a measure to beef up liquidity for hard-hit hospitality businesses after meeting a private sector representative.
GSB adjusts standards for loans
Business, Wichit Chantanusornsiri, Published on 18/01/2021
» State-owned Government Savings Bank (GSB) plans to adjust its loan criteria to collateral-based lending from the current cashflow-based lending to assist people experiencing a liquidity crunch.
2m debtors poised to join bank scheme
Business, Wichit Chantanusornsiri, Published on 15/01/2021
» State-owned banks expect around 2 million debtors to participate in the latest financial relief measures rolled out to alleviate the impact of the pandemic.