Showing 1 - 10 of 49
Handout could trigger fiscal crisis
Business, Published on 14/08/2024
» The government is being advised to revise the way it hands out money to people to avoid incurring a substantial public debt, which can affect the government's budget, potentially triggering a fiscal crisis.
Picofinance firms urged to help clients
Business, Wichit Chantanusornsiri, Published on 03/06/2021
» The Finance Ministry has asked picofinance operators to help alleviate the hardships of their clients struggling with the impact of the pandemic, says Kulaya Tantitemit, director-general of the Fiscal Policy Office (FPO).
TGH's chief takes firm to new terrain
Business, Somruedi Banchongduang, Published on 06/03/2021
» With a vision to fully digitise work operations and transform financial services to a new dawn of better services, SET-listed Thai Group Holdings Plc (TGH) has formulated clear development phases towards regional expansion under the helm of Thakorn Piyapan.
GSB to unveil mobile lending in 2021
Business, Wichit Chantanusornsiri, Published on 03/11/2020
» The Government Savings Bank (GSB) expects loan approvals through its mobile banking application and microfinance lending to launch next year.
Credit card spending headed for 2020 decline
Business, Somruedi Banchongduang, Published on 13/08/2020
» Annual credit card spending is expected to contract this year because of the coronavirus crisis, particularly for outbound spending, due to the government's prohibition on cross-border travel.
NCB: Lenders' NPL ratio rises to 8.1%
Business, Somruedi Banchongduang, Published on 13/05/2020
» The National Credit Bureau's 104 members saw an upsurge in non-performing loan (NPL) ratio to 8.1% at the end of March from 6.8% a year earlier as headwinds such as the coronavirus outbreak took hold, says the NCB.
SME debt scheme hampers loan access
Business, Somruedi Banchongduang, Published on 12/05/2020
» The troubled debt restructuring (TDR) scheme offered to small and medium-sized enterprises (SMEs) was affected by subpar economic growth, a stumbling block for many firms in accessing additional lending as well as the central bank's sponsored soft loans, says the head of the National Credit Bureau (NCB).
Standing out in the crowd of alternative financiers
Business, Published on 22/02/2020
» Having flown 1,400 kilometres from Singapore to Bangkok with a mission to empower small businesses through online equity crowdfunding, Hong Sin Kwek came a long way to establish one of the country's licenced crowdfunding platforms, whose untapped potential is ample.
KTC plans new applicant criteria to rein in NPLs
Business, Somruedi Banchongduang, Published on 23/11/2019
» Krungthai Card (KTC), an unsecured lending arm of Krungthai Bank (KTB), plans to tighten criteria for both new loan approvals and debt collection to prevent asset quality from deteriorating as the economy drags.
Playing for keeps on the global battlefield
Business, Darana Chudasri, Published on 02/11/2019
» Leaving school at a young age and becoming another Steve Jobs or Mark Zuckerberg may be a fairy tale or unthinkable for some, but Kamphee Piromward has at least proved that learning outside the classroom and perseverance are a recipe for what he has accomplished in the online gaming industry.