Showing 1 - 10 of 230
True Corporation Closes Oversubscribed JPY141.3 Billion Sustainability Loan
Published on 26/09/2024
» True Corporation Public Company Limited (TRUE), Thailand's leading telecom-tech company and global sustainability pioneer, has successfully secured its maiden sustainability-linked syndicated loan, totalling JPY141.3 billion, for refinancing and debt repayment. This marks the first time a telecom-tech company in Thailand has achieved a sustainability-linked syndicated loan.
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.
TIDLOR Triumphs at Techsauce Awards 2024
Published on 15/08/2024
» Ngern Tid Lor Public Company Limited, or TIDLOR, led by Pakamon Tulyapizitchai, SVP Digital Transformation, received the Techsauce Awards 2024 under The Sauciest Corporate category. This award reflects the company’s success and commitment to pioneering innovative new S-curve approaches to boost business growth in the industry. Furthermore, the award recognizes Ngern Tidlor's organizational management efficiency and efforts in innovation and technology development in sustainable vehicle title loan and insurance brokerage services.
G Steel to invest 3 billion baht to upgrade production capability
Published on 09/08/2024
» G Steel Public Company Limited (G Steel) has made a decision to invest in capital project for a total of 3 billion baht over the next 3 years, to upgrade its production facility for improving its quality capabilities, cost competitiveness and revamp outdated facilities.
BEM Advances Orange Line Construction with CK Partnership
Published on 01/08/2024
» BEM, entrusted by the government to undertake the Orange Line MRT from Bang Khun Non to Min Buri (Suwinthawong), has officially signed a contract with CK. This partnership focuses on the civil engineering construction of the Orange Line’s western section, extending from Bang Khun Non to Thailand Cultural Centre. The project, set to commence in August, is slated for completion in six years. The eastern section, from Thailand Cultural Centre to Min Buri, is projected to be operational within three years and six months, ahead of schedule.
EXIM Thailand Launches First THB Blue Bond
Published on 26/07/2024
» Dr. Paopoom Rojanasakul, Deputy Minister of Finance, congratulated Mr. Bundit Sapianchai, Chairman of the Board of Executive Directors, Export-Import Bank of Thailand (EXIM Thailand); Dr. Warotai Kosolpisitkul, Chairman of EXIM Thailand’s Risk Oversight Committee; and Dr. Rak Vorrakitpokatorn, EXIM Thailand’s President; along with Mr. Kenichi Yamato, President and Chief Executive Officer of Bank of Ayudhya Public Company Limited (BAY); Ms. Paphakorn Ratanasate, Senior Executive Vice President, Investment and Financial Management Group, Government Savings Bank (GSB); Mr. Kosintr Puongsophol, Financial Sector Specialist, Economic Research and Regional Cooperation Department, Asian Development Bank (ADB); and representatives of investors and customers of EXIM Thailand at a press conference to announce the notable success of EXIM Thailand’s issue and offering of a Blue Bond, with BAY and GSB as lead underwriters at EXIM Thailand’s Head Office on July 26, 2024.
PM defends budget top-up to fund handout
Aekarach Sattaburuth, Published on 17/07/2024
» Increasing the 2024 fiscal budget by 122 billion baht is crucial to stimulate the economy, Prime Minister Srettha Thavisin said on Wednesday, as he proposed a supplementary budget bill to the House to help fund the digital wallet scheme.
TIDLOR Secures ADB Funding for Rural MSME Loans
Published on 26/06/2024
» Ngern Tid Lor Public Company Limited (TIDLOR), a leading non-banking financial institution (NBFI), has become the first in the financial sector to receive funding from the Asian Development Bank (ADB). This funding aims to provide loans to Micro, Small, and Medium-sized Enterprises (MSMEs) in rural Thailand, particularly those owned and led by women as well as those who operate within the country’s agriculture value chain.
Outdated laws hinder growth
Published on 24/06/2024
» Thailand's economy has become sluggish and can't be salvaged by simply injecting money through programmes such as the government's 500-billion-baht digital money handout scheme, which will likely help stimulate the economy in only one or two quarters, according to former prime minister Abhisit Vejjajiva.
Darkest days before the dawn
Published on 23/06/2024
» The economy is currently at one of its bleakest points, but economic experts expect the situation to bottom out in the second half of the year now that the national budget has been rolled out.