Showing 1 - 10 of 10
Finance Minister: Fiscal, monetary policy to underpin recovery
Reuters, Published on 24/03/2022
» Thailand's fiscal position remains stable and its monetary and fiscal policies are calibrated to support recovery in Southeast Asia's second-largest economy amid various challenges, Finance Minister said Arkhom Termpittayapaisith on Thursday.
Delta blow knocks wind out of Asia's economic recovery
Reuters, Published on 24/08/2021
» TOKYO: Asia's robust economic recovery from last year's coronavirus low is losing momentum as a surge in Covid-19 cases sees shops empty again and factories close, dimming prospects for corporate profit growth after a blockbuster half year.
Banks to suspend debt repayments for some hit by virus curbs
Reuters, Published on 15/07/2021
» Commercial banks agreed to suspend debt repayments for two months for debtors affected by government coronavirus containment measures, the Bank of Thailand said on Thursday, as the country combats its worst Covid-19 outbreak.
Banks' bad loans seen steady later this year
Reuters, Published on 17/08/2020
» Bad loans at commercial banks rose slightly in the second quarter and should steady later the year due to measures to help debtors hit by the coronavirus pandemic, the central bank said on Monday.
Bank of Thailand foresees no surge in bad loans
Reuters, Published on 22/06/2020
» The capital positions of Thailand's commercial banks will remain strong and the latest measures to bolster their buffer will be good for the long term, the central bank said on Monday.
Malaysia, Singapore defer high-speed rail project until year-end
Reuters, Published on 31/05/2020
» KUALA LUMPUR: Malaysia said on Sunday it had agreed with neighbouring Singapore to suspend until Dec 31 a project for a high-speed rail link between the capital, Kuala Lumpur, and the city-state, to allow discussion of changes.
Auto-parts maker suspends work at one plant for two months
Reuters, Published on 24/10/2019
» Thai Summit Group, the country's biggest auto parts manufacturer, said it will suspend operations at one of its 26 factories for two months, due to a drop in orders from automakers.
Chevron: No arbitration for now over energy dispute
Reuters, Published on 26/09/2019
» US energy major Chevron Corp has decided to continue negotiations with Thailand rather than seek arbitration to resolve a dispute over who should pay the bill for removing offshore oil and gas platforms, a company spokesman said.
Qatar Airways eyes bigger stake in Cathay Pacific
Reuters, Published on 27/08/2019
» KUALA LUMPUR: Qatar Airways has full confidence in Cathay Pacific Airways Ltd and will increase its 10% stake in the Hong Kong carrier if it has any opportunity to do so, the Qatari airline's chief executive said on Tuesday.
Macau government's coffers swell
Business, Reuters, Published on 13/09/2017
» MACAU: Over the past five years, Macau has raked in US$70 billion in taxes from the casinos that have made the territory the largest gambling centre in the world. But it has invested less than 10% of that take -- by far its largest source of income -- in much needed infrastructure.