Showing 81 - 90 of 3,969
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.
CIMBT targets uptick in savings deposits
Business, Somruedi Banchongduang, Published on 26/06/2024
» CIMB Thai Bank (CIMBT) wants to expand its savings deposits in the latter half of this year in response to customer demand amid uncertainties in the money and capital markets.
Outdated laws hinder growth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.
Govt's B3.75tn budget passes first House test
News, Aekarach Sattaburuth, Published on 23/06/2024
» The 3.75-trillion-baht budget bill for the 2025 fiscal year sailed through its first reading in the House of Representatives on Friday night with 311 votes of support, 175 against and two abstentions.
Asian shares ease back on profit-taking
Business, Published on 22/06/2024
» RECAP: Asian shares ended the week with a whimper after a recent rally to 26-month highs drew profit-taking, while the relentless strength in the US dollar pushed the Japanese yen towards the intervention zone.
Fitch slashes assessment for banking sector to neutral
Business, Somruedi Banchongduang, Published on 21/06/2024
» Fitch Ratings has downgraded the outlook for the Thai banking sector to neutral from improving, citing a subdued pace of economic recovery that is likely to constrain earnings growth.
Budget will 'jump-start' growth
News, Aekarach Sattaburuth, Published on 20/06/2024
» Prime Minister Srettha Thavisin outlined the 3.75-trillion-baht budget bill for the 2025 fiscal year aimed at jump-starting Thailand's sluggish economy as the House of Representatives began a three-day debate.
SCB EIC predicts fragile conditions for lending
Business, Somruedi Banchongduang, Published on 20/06/2024
» SCB EIC, a research centre under Siam Commercial Bank, anticipates increased fragility in the household and business sectors, which combined with the Bank of Thailand's responsible lending practices will pressure loan growth in the banking industry over the next few years.
Central bank unfazed by factory closures
Business, Somruedi Banchongduang, Published on 18/06/2024
» The Bank of Thailand says new business registrations still outnumber factory and business closures, with no adverse impact yet on the country's employment figures.