Showing 1 - 10 of 1,133
Big Tech sell-off takes toll on Asian equities
Business, Published on 27/07/2024
» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.
Govt Savings Bank soft loan programme attracts strong demand
Business, Wichit Chantanusornsiri, Published on 26/07/2024
» A soft loan scheme administered by the Government Savings Bank (GSB) has initially attracted demand tallying 70-80 billion baht out of the 100 billion-baht total, according to Finance Minister Pichai Chunhavajira.
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).
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.
Cabinet okays B100bn soft loan aimed at SMEs
Business, Wichit Chantanusornsiri, Published on 17/07/2024
» The cabinet has approved a 100-billion-baht soft loan to be provided to financial institutions for relending to their customers, with a particular focus on small and medium-sized enterprises (SMEs).
Thailand approves B100bn soft loan scheme for banks
Reuters, Published on 16/07/2024
» BANGKOK - Thailand's cabinet on Tuesday approved a 100-billion-baht (US$2.8-billion) soft loan scheme where funds would be lent to commercial banks so they could on-lend to borrowers at below-market rates, a deputy finance minister said.
Cabinet set to approve assistance for farmers
Business, Wichit Chantanusornsiri, Published on 13/07/2024
» Measures to address public debt and support the agriculture sector are likely to be implemented soon, says Deputy Finance Minister Julapun Amornvivat.
Risk appetite improves as US rate-cut hopes rise
Business, Published on 13/07/2024
» RECAP: Most Asian stock markets struggled for direction yesterday, but were set to post weekly gains as risk sentiment got a boost after a surprisingly soft US inflation data fuelled bets for a September interest-rate cut.
Ministry preps stimulus measures
Business, Wichit Chantanusornsiri, Published on 04/07/2024
» The Finance Ministry is quickly preparing a proposal to the cabinet for soft loan and tax measures to stimulate investment, says Deputy Finance Minister Paopoom Rojanasakul.
Asian shares on track for fifth month of gains
Business, Published on 29/06/2024
» RECAP: Asian stocks were on track for a fifth straight month of gains on Friday, bolstered by a growing view that cooling US inflation could prompt the Federal Reserve to ease interest rates this year, while the yen tumbled to a 38-year low against the dollar.