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Search Result for “strapped”

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BUSINESS

Major creditors support Italian-Thai Development

News, Somruedi Banchongduang, Published on 18/04/2024

» Major creditors have agreed to infuse fresh liquidity into cash-strapped Italian-Thai Development (ITD) Plc, to support the company's business operations without requiring a rehabilitation plan.

BUSINESS

SCB, Krungthai prepare for potential Italian-Thai loan losses

Business, Somruedi Banchongduang, Published on 10/04/2024

» Siam Commercial Bank (SCB) and Krungthai Bank (KTB) have allocated provisions for potential loan losses related to Italian-Thai Development Plc (ITD), aligning with the asset quality of one of the country's leading contractors.

BUSINESS

SCB effort supports SME liquidity

Business, Somruedi Banchongduang, Published on 31/07/2021

» Siam Commercial Bank (SCB) recently launched a digital platform to support the liquidity of supply chain businesses and provide small and medium-sized enterprises (SMEs) an opportunity to access cash faster.

BUSINESS

Asset management funds for hotels floated

Business, Somruedi Banchongduang, Published on 09/11/2020

» Regulatory bodies and the private sector are studying viable options, such as asset management funds, to help hotels overcome the pandemic and retain employment.

BUSINESS

BBL expects NPL rise as economic struggles add up

Business, Somruedi Banchongduang, Published on 16/01/2020

» Overall non-performing loans (NPL) are expected to continue their rise this year as the downbeat outlook for the local and global economies persists, compounded by potential drought and the baht's strength, says a senior executive at Bangkok Bank (BBL).