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Search Result for “loan growth”

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BUSINESS

Unlikely trio to offer 'green deposits'

Business, William Hicks, Published on 17/04/2021

» HSBC Thailand has launched the country's first "green deposits" with petrochemical manufacturer Indorama Ventures (IVL) and 7-Eleven convenience store operator CP All, with the undisclosed deposit funds used for green projects such as renewable energy infrastructure and energy-efficient buildings.

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BUSINESS

A brighter future for the booming solar sector

Business, William Hicks, Published on 04/02/2021

» The solar business in Thailand is booming, as the government prepares to hit its Paris Climate Accords target of 30% renewable by 2030 and private businesses seek to attract green investors by matching ambitious emissions reduction targets.

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BUSINESS

Fitch upbeat on nation's short-term prospects

Business, William Hicks, Published on 03/10/2019

» Despite uncertainty from a potential global economic slowdown and US-China trade tensions, Fitch Ratings has a positive outlook on Thailand's credit rating and economy in the near future and could possibly upgrade the country's ratings in the next few years if positive economic fundamentals are maintained.

BUSINESS

Report paints grim picture for SDGs

Business, William Hicks, Published on 12/04/2019

» Despite Thailand progressing towards achieving its UN Sustainable Development Goals (SDG) and ranking as one of the most efficient funders of local small and medium-sized enterprises (SMEs) in Asia, the global picture for financing appears grim because of high debt and a lack of international capital flows, according to a report by the UN Economic and Social Commission for Asia and the Pacific (Unescap).