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Search Result for “Entrepreneurs”

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BUSINESS

Easy Money raises borrowing for expansion

Business, Somruedi Banchongduang, Published on 13/02/2026

» Amid sluggish loan demand as the economy sags, pawn shop operator Easy Money has increased borrowing to prepare for business expansion this year.

BUSINESS

Bangkok Commercial Asset Management proposes adding small firms to debt relief scheme

Business, Somruedi Banchongduang, Published on 21/01/2026

» Bangkok Commercial Asset Management Plc (BAM) has proposed the Bank of Thailand expand the "Clear Debt, Move Forward" scheme to cover the non-performing loans (NPLs) of small and medium-sized enterprises (SMEs), leveraging a mechanism of private asset management companies to manage the debt.

BUSINESS

Bangkok Bank, MIT aid SMEs and farmers

Business, Somruedi Banchongduang, Published on 03/11/2025

» Bangkok Bank (BBL) is partnering with the Massachusetts Institute of Technology (MIT), a well-known educational institution, to bring the power of artificial intelligence (AI) and digital innovation to Thai small and medium-sized enterprises (SMEs) and the agricultural sector.

SUSTAINABILITY

Banks help sugar farmers combat PM2.5

Business, Somruedi Banchongduang, Published on 28/04/2025

» The amount of PM2.5 air pollution has increased in Thailand in recent years, driven by multiple factors such as industrial manufacturing, the widespread use of internal combustion engine-powered vehicles, and the open burning of garbage and agricultural crop residue.

BUSINESS

Double-digit growth in Amex card spending set to persist

Business, Somruedi Banchongduang, Published on 24/01/2025

» American Express (Thai) Co projects continued double-digit growth in card spending in the Thai market, driven by the robust purchasing power of the country's high-income segment.

BUSINESS

KBank keeps vow to customers

Business, Somruedi Banchongduang, Published on 28/09/2024

» Despite abundant challenges, Kasikornbank (KBank), Thailand's third-largest lender by total assets, remains committed to supporting vulnerable clients in managing their debt throughout the lifetime of their loans.

BUSINESS

Central bank urges banks to help vulnerable

Business, Somruedi Banchongduang, Published on 25/04/2024

» The Bank of Thailand (BoT) is allowing commercial banks to adapt their business models to help vulnerable customers, in response to the prime minister's directive urging large local banks to lower lending interest rates for vulnerable groups and small businesses.

BUSINESS

Rever Leasing aims to lead EV loan market

Somruedi Banchongduang, Published on 17/04/2024

» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.

BUSINESS

Baht strengthens as Fed expected to stay put

Business, Somruedi Banchongduang, Published on 31/01/2024

» The baht gained against the softening US dollar as some investors expect the US Federal Reserve to maintain its policy rate at its meeting scheduled for this week.

BUSINESS

Baht expected to continue its slide

Business, Somruedi Banchongduang, Published on 22/09/2023

» Economists are warning the baht will weaken further throughout this month and next because of higher volatility in money and capital markets worldwide after the US Federal Reserve's hawkish comments about its benchmark interest rate.