Showing 1 - 10 of 83
GPF portfolio strategy shifts to handling risks
Business, Wichit Chantanusornsiri, Published on 24/05/2024
» The Government Pension Fund (GPF), the second-largest fund in the country, has shifted its investment strategy this year to creating a portfolio capable of handling appropriate risks, rather than maximising profits.
Insurance fund offers quick payout
Business, Wichit Chantanusornsiri, Published on 03/05/2024
» The General Insurance Fund (GIF) is presenting a choice to Covid-19 policyholders by offering a discounted rate for payment now instead of waiting for future payouts.
The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
GH Bank preps low-interest loans for greener homes
Business, Wichit Chantanusornsiri, Published on 23/04/2024
» Government Housing Bank (GH Bank) is offering low-interest loans totalling 10 billion baht to purchase or renovate homes so that they become more environmentally friendly and reduce pollution for residents.
Finding new levers for energy subsidies
Business, Wichit Chantanusornsiri, Published on 04/04/2024
» The expiry of the diesel price subsidy programme using the state Oil Fuel Fund on March 31 caused energy authorities to call on the government to change the way it regulates domestic diesel prices.
HSBC rolls out regional digital loans
Business, Wichit Chantanusornsiri, Published on 28/03/2024
» HSBC is offering a new US$1 billion growth fund to bolster platform players within the rapidly expanding regional digital economy.
BAAC eyes platform for crops in China
Business, Wichit Chantanusornsiri, Published on 04/03/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is negotiating with a Chinese tech giant to set up a joint venture to develop an e-commerce platform to facilitate the sale of agricultural products to China, says president Chatchai Sirilai.
Tapping a vast market
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.
EV imports expected to reach 175,000 in two years
Wichit Chantanusornsiri, Published on 22/01/2024
» The Excise Department estimates electric vehicle (EV) imports will reach 175,000 units within two years, says director-general Ekniti Nitithanprapas.
TCG bests guarantee target for the year
Business, Wichit Chantanusornsiri, Published on 23/12/2023
» Thai Credit Guarantee Corporation (TCG) reported for the first 11 months of this year, the loan guarantee service for micro, small and medium-sized enterprises (MSMEs) was worth 108 billion baht, exceeding the target set for the entire year by 14%, says general manager Sittikorn Direksoonthorn.