Showing 1 - 10 of 18
Asean urged to bolster capital markets
Business, Wichit Chantanusornsiri, Published on 29/04/2025
» The International Monetary Fund (IMF) is urging Asean to strengthen the regional capital market and trade connectivity to counter US tariffs.
Loan sought for BAAC to offer financing
Business, Wichit Chantanusornsiri, Published on 27/01/2025
» The government is seeking a loan from the Asian Development Bank (ADB) for the Bank for Agriculture and Agricultural Cooperatives (BAAC) to re-lend to other state financial institutions, aiming to reduce the interest cost burden for small borrowers.
Scrutinising the need for overseas bonds
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Several heads turned when the government said last week it is considering a plan to raise US$1 billion (about 36 billion baht) worth of foreign currency-denominated bonds, with some observers expressing doubts about worthiness and the risk of currency devaluation.
Cash giveaways for relief ruled out
Business, Wichit Chantanusornsiri, Published on 19/03/2020
» New relief measures for employees and self-employed workers ravaged by the coronavirus pandemic include soft loans with payment on principal and interest suspended for six months, but not cash giveaways, says a senior official at the Finance Ministry.
GH Bank plans savings lottery for cheap loans
Business, Wichit Chantanusornsiri, Published on 22/01/2020
» State-owned GH Bank wants to launch a 50-billion-baht savings lottery to offer low-rate housing loans after the central bank loosened loan-to-value (LTV) requirements.
GH Bank readies more prize-linked savings
Business, Wichit Chantanusornsiri, Published on 25/09/2019
» State-owned GH Bank plans to raise new deposits worth 30 billion baht by offering savings certificates with a price of 10 million baht per ticket to a private list next month.
Two top-up machines to receive BAAC deposits
Business, Wichit Chantanusornsiri, Published on 18/09/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has appointed two top-up machine operators -- Forth Smart Service (FSMART) and Sabuy Technology -- as banking agents to receive deposits and distribute Kaset Yung Yeen savings certificates.
Uttama says further stimulus ready
Business, Wichit Chantanusornsiri, Published on 28/08/2019
» The Finance Ministry has enough fiscal space available for additional stimulus measures if needed to avert recession, says Finance Minister Uttama Savanayana.
SOEs pushed to mobilise public funds
Business, Wichit Chantanusornsiri, Published on 24/08/2019
» The Highways Department is expected to raise 40-50 billion baht from the issuance of the second lot of the Thailand Infrastructure Fund (TFFIF).
BAAC looks to convert gamblers into savers
Business, Wichit Chantanusornsiri, Published on 17/08/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) aims to use its new savings certificate, which features a no-lose lottery, to encourage 3 million holders of state welfare smartcards to turn their gambling into savings.