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Search Result for “loans”

Showing 1 - 10 of 12,464

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MOTORING

Motorcycle sales dip 10% in H1

Lamonphet Apisitniran, Published on 24/07/2024

» Motorcycle sales fell by 10% year-on-year during the first half, with Thai Honda Co, a major motorcycle manufacturer and distributor, also experiencing a sales drop in the sluggish market.

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OPINION

When climate commitments fall short

News, Rapeepat Ingkasit, Published on 24/07/2024

» By early next year, Thailand and other countries are expected to update national climate commitments under the Paris Agreement, known as nationally determined contributions (NDCs). The Paris Agreement mandates that nations submit new NDCs every five years, with each round more ambitious than the last. These NDCs are essential for countries to collectively tackle the global climate crisis.

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THAILAND

ALLY-RANGE Enters Credit Through Strategic Investment into iBorrow

Published on 23/07/2024

»  ALLY Global Management (“ALLY”) and Range Real Estate Partners (“RANGE”) have made a strategic investment in iBorrow, a vertically integrated loan originator, servicer, and asset manager focused on transitional commercial and residential real estate loans across the United States. Since its inception, iBorrow has deployed approximately $2 billion of loan capital into real estate bridge loans across various asset types, including industrial, retail, multifamily, and hospitality lending to professional, experienced, entrepreneurial borrowers.

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MOTORING

Premium EV sales dip 35% in first half

Published on 23/07/2024

» Sales of premium electric vehicles (EVs) in Thailand plunged 35% year-on-year during the first half of this year, but German luxury car maker BMW remains positive about its EV sales, with newly launched models in the Mini family in Bangkok expected to thrill the public.

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GENERAL

Profits of 10 listed banks for H1 rise 3.7% to B126.4bn

Somruedi Banchongduang, Published on 23/07/2024

» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.

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GENERAL

Bad debt spike blamed on drop in spending

Business, Wichit Chantanusornsiri, Published on 22/07/2024

» An increase in non-performing loans (NPLs) during the first seven months of this year primarily stems from wholesale and retail businesses, according to the Small and Medium Enterprise Development Bank of Thailand (SME D Bank).

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INVESTMENT

Scandal stalks stocks

Published on 22/07/2024

» The Stock Exchange of Thailand (SET) was recently hit by an accounting and embezzlement scandal at Stark Corporation, which is estimated to have cost at least 14.7 billion baht in damages to shareholders and stock investors.

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INVESTMENT

Seeking new engines of growth

Wichit Chantanusornsiri, Published on 22/07/2024

» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.

THAILAND

Economic woes 'top priority'

News, Onnucha Hutasingh, Published on 22/07/2024

» The public wants the government to focus on tackling poverty, growing household debt and rising unemployment, according to the latest Suan Dusit poll.

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THAILAND

Co-pay gripes prompt 30-billion-baht fertiliser subsidy rethink

News, Post Reporters, Published on 21/07/2024

» The National Rice Policy and Management Committee will be asked to review the 30-billion-baht fertiliser subsidy programme for 4.68 million rice farmers due to apparent difficulties with the scheme.