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Search Result for “liquidity crisis”

Showing 71 - 80 of 1,286

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OPINION

Time for an Asian Monetary Fund

Oped, Published on 14/06/2023

» Although the International Monetary Fund (IMF) has long been the most prominent global institution for promoting financial stability, calls to create regional alternatives are growing louder.

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BUSINESS

UBS set for 'bumpy' integration of Credit Suisse

AFP, Published on 12/06/2023

» ZURICH - UBS is poised to complete on Monday its takeover of Credit Suisse, but integrating the former rival is a Herculean task that clients, employees and Swiss political leaders will closely watch.

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BUSINESS

OECD lifts world GDP growth forecast to 2.7%

AFP, Published on 07/06/2023

» PARIS: The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a "long road".

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THAILAND

Absentee factory owner to be charged

News, Penchan Charoensuthipan, Published on 26/05/2023

» The labour minister has ordered the Department of Labour Protection and Welfare to press charges against the owner of Grand UB Co, a furniture factory in Chon Buri, after its closure resulted in its 63 workers being laid off without payment.

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BUSINESS

SET seeks long-term plan for the future

Business, Nuntawun Polkuamdee, Published on 26/05/2023

» The Stock Exchange of Thailand (SET) has posted the highest trading value in Asean since 2012, though it needs a long-term plan to manage the opportunities and challenges as capital markets evolve, according to the bourse.

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BUSINESS

KTAM sets out investor risk factors amid US uncertainty

Business, Nuntawun Polkuamdee, Published on 24/05/2023

» Krungthai Asset Management (KTAM) has highlighted three factors that warrant caution for investors, urging them to sell US dollars, US bonds and US tech stocks amid ongoing uncertainties.

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THAILAND

Ngern Tidlor launches the "TIDLOR Card" campaign,

Published on 23/05/2023

» Piyasak Ukritnukun, Managing Director of Ngern Tid Lor Public Company Limited, announced this latest campaign for auto-title loan applications under the sedan and pick-up truck category, along with TIDLOR Card. Eligible applicants will benefit from a special interest rate of 0.94% per month, aimed at providing relief to underbanked customers and independent workers.

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BUSINESS

Crypto market aflutter

Business, Published on 22/05/2023

» Last year was a rough one for cryptocurrencies as Bitcoin, the largest digital asset in the world, lost nearly 65% of its market value.

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OPINION

New govt faces 4 economic time bombs

Oped, Chartchai Parasuk, Published on 18/05/2023

» The election result is already out and Thailand is heading for a big policy change. As the party with most seats, the Move Forward Party will form the government. The second place-getter -- the Pheu Thai Party -- has agreed to be in the coalition. These two parties, however, have totally different views on how to run the economy.

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BUSINESS

Over $68 bn withdrawn from Credit Suisse ahead of UBS takeover

AFP, Published on 25/04/2023

» ZURICH - Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, the bank's earnings report showed Monday, providing clues to the towering challenges ahead as UBS prepares an emergency takeover.