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Search Result for “bedrock principle”

Showing 1 - 10 of 24

SUSTAINABILITY

Funding a sustainable revolution

Business, Somruedi Banchongduang, Published on 09/06/2025

» Thailand is transitioning to a sustainable economy, marked in part by the implementation of Thailand Taxonomy Phase 2 on May 27, 2025, which focuses on a sustainable finance framework.

BUSINESS

Robust growth targets amidst stronger scrutiny

Business, Somruedi Banchongduang, Published on 30/03/2024

» Krungsri Consumer, an unsecured loan unit under Bank of Ayudhya (Krungsri), is committed to prioritising responsible lending practices to control asset quality, even as it sets ambitious growth goals for 2024.

BUSINESS

Use cases studied for open data

Business, Somruedi Banchongduang, Published on 01/03/2024

» The Bank of Thailand expects initial use cases under its open banking policy to be implemented next year, aiming to provide consumers with better access to financial services.

BUSINESS

Improving the auto loan sector's standards

Business, Somruedi Banchongduang, Published on 26/08/2023

» While car repossessions are expected to increase this year, the situation is not as alarming as appears in the media, according to an industry executive.

BUSINESS

BoT calls for stable policies

Business, Somruedi Banchongduang, Published on 20/07/2023

» Public confidence is more important than the new face of the upcoming coalition government and the new prime minister, while policy normalisation and the stability of fiscal and monetary policies are still required from the new government rather than economic stimulus, according to the governor of the Bank of Thailand.

BUSINESS

Hire-purchase lenders call for rate hike

Business, Somruedi Banchongduang, Published on 11/07/2023

» The Thai Hire-Purchase Association (THPA) has asked the Office of the Consumer Protection Board (OCPB) to increase the maximum interest rate for hire-purchase loans as the business is being affected by rising rates.

BUSINESS

Central bank aims to tackle debt crisis

Business, Somruedi Banchongduang, Published on 04/07/2023

» The Bank of Thailand aims to cut persistent debt in order to reduce the burden of households and help consumers exit from the debt cycle faster.

BUSINESS

UOB chief champions rise of sustainable financing

Somruedi Banchongduang, Published on 24/05/2023

» United Overseas Bank (UOB) has developed green frameworks to provide companies with simplified access to green and sustainable financing so that they can build resilient businesses, said Tan Choon Hin, president and CEO of UOB Thailand.

BUSINESS

BoT opens up Debt Clinic services to more borrowers

Business, Somruedi Banchongduang, Published on 13/09/2022

» The Bank of Thailand has eased the conditions of the Debt Clinic's unsecured loan restructuring programme to let more borrowers apply for debt solutions, with additional restructuring options.

BUSINESS

The power of joining forces

Business, Somruedi Banchongduang, Published on 13/08/2022

» A joint venture asset management company (JV AMC) business model is the country's innovative solution for handling non-performing loans (NPLs) in the banking sector, said Suthirak Traichira-Aporn, chief executive of JK Asset Management (JK AMC), in an exclusive interview with the Bangkok Post.