Showing 1 - 9 of 9
Thai credit rating set to remain unchanged
Business, Wichit Chantanusornsiri, Published on 23/12/2024
» Moody's is likely to maintain Thailand's sovereign credit rating after two other rating agencies -- Standard & Poor's (S&P) and Fitch Ratings -- maintained the rating with a stable outlook, according to the Public Debt Management Office (PDMO).
Money DD seeks tenfold loan uptick in 2025
Business, Wichit Chantanusornsiri, Published on 02/12/2024
» Money DD Co (Good Money), a new subsidiary of Government Savings Bank (GSB) that offers online loans, plans to grow its lending by 10 times in 2025 year-on-year.
Stimulus package slated for year-end
Business, Wichit Chantanusornsiri, Published on 18/11/2024
» The government is poised to introduce an economic booster package at year-end, extending into 2025.
State bank to help indebted street vendors
Business, Wichit Chantanusornsiri, Published on 13/11/2024
» The cabinet has approved the "Job Creation and Career Building" loan programme worth a total of 15 billion baht, primarily aimed at supporting street vendors and hawkers to help reduce their informal debt.
Report to cabinet puts public debt at 64% of GDP
Business, Wichit Chantanusornsiri, Published on 06/11/2024
» The cabinet acknowledged the latest report on public debt levels as of August, tallying 64% of GDP, below the fiscal sustainability threshold of 70%.
Agency poised to issue B130bn sustainability-linked bond
Business, Wichit Chantanusornsiri, Published on 06/11/2024
» The Public Debt Management Office (PDMO) plans to issue a sustainability-linked bond (SLB) worth 130 billion baht for fiscal 2025.
Good Money to help GSB deliver on its social pledge
Business, Wichit Chantanusornsiri, Published on 06/11/2024
» Government Savings Bank (GSB) is venturing into the personal and small business loan market through an online platform, leveraging alternative data and technology-driven solutions, with a goal of reaching 500,000 customers over the next four years.
Agency undaunted by Thailand's public debt level
Business, Wichit Chantanusornsiri, Published on 28/10/2024
» The government's level of public debt is not yet a concern compared with countries that have a similar credit rating to Thailand, according to the Public Debt Management Office (PDMO).
BAAC targets older folks switching to farming
Business, Wichit Chantanusornsiri, Published on 26/09/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is preparing to launch a new loan product aimed at encouraging salaried workers aged 50 and older to invest in agricultural careers, providing them with supplementary income after they retire.