Showing 61 - 70 of 23,300
IMF and Pakistan reach $3 billion stand-by deal
AFP, Published on 30/06/2023
» ISLAMABAD: Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth US$3 billion announced by the IMF in Washington late Thursday.
TAT homes in on Asian expatriate segment
Business, Molpasorn Shoowong, Published on 30/06/2023
» The Tourism Authority of Thailand (TAT) is eyeing Asian expatriates, including Chinese nationals residing in Laos and Cambodia, due to their increasing wealth and demand for sending their children to study in Thailand.
Thai banks top Asean bad debt rankings
Business, Nuntawun Polkuamdee, Published on 30/06/2023
» Thailand's top three banks have combined non-performing loans (NPLs) of more than US$9.6 billion, the highest in Southeast Asia, but Thai banks overall still have a high level of reserves for bad debts, says the Federation of Thai Capital Market Organizations (Fetco).
Rubber sector urged to adapt to cope with global challenges
Business, Phusadee Arunmas, Published on 30/06/2023
» Rubber farmers, entrepreneurs and exporters are being advised to swiftly adapt to various challenges, including geopolitical conflicts and environmental measures that may impact agricultural trade, as well as European Union (EU) laws regarding products and deforestation.
Network touts eco-friendly packaging
Business, Pitsinee Jitpleecheep, Published on 29/06/2023
» Seven leading beverage, consumer product and packaging companies have come together to unveil the Packaging Recovery Organization Thailand Network or "PRO-Thailand Network", aimed at driving sustainable packaging management practices in Thailand.
SEC files complaint for MORE share scam
Business, Nuntawun Polkuamdee, Published on 29/06/2023
» The Securities and Exchange Commission (SEC) has filed a complaint with the Economic Crime Suppression Division (ECD) and the Anti-Money Laundering Office (Amlo) against 32 individuals for their involvement in the 800-million-baht share manipulation of More Return Plc (MORE).
Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
GPSC plans to inject capital into Avaada Energy Private
Business, Yuthana Praiwan, Published on 29/06/2023
» Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, plans to inject 19.1 billion rupees (8.28 billion baht) of capital into India-based Avaada Energy Private to expand its renewable energy business amid growing electricity demand in India.
Fitch Ratings registers interest in virtual banks
Business, Published on 29/06/2023
» Fitch Ratings believes there is significant interest and momentum in Thailand's virtual bank application process, even though the timeline has been extended.
Thai executives most optimistic on prospects for generative AI
Business, Suchit Leesa-nguansuk, Published on 29/06/2023
» Thai executives are ready to embrace generative artificial intelligence (AI) technology according to a survey conducted by global consulting firm Accenture.