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Showing 41 - 50 of 1,326

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GENERAL

Civil servants' B3tn debt woes targeted by Finance Ministry

Business, Wichit Chantanusornsiri, Published on 06/08/2024

» The Finance Ministry has launched an initiative to address the 3-trillion-baht debt problem facing civil servants through a model involving debt consolidation, low interest rates, and extended repayment periods.

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INVESTMENT

B40bn in savings bonds to be sold in August

Wichit Chantanusornsiri, Published on 31/07/2024

» The Public Debt Management Office (PDMO) is selling the final tranche of its savings bonds worth 40 billion baht in August, reduced from the original plan of 60 billion baht.

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GENERAL

Number of TCG clients doubles post-Covid

Business, Wichit Chantanusornsiri, Published on 30/07/2024

» Following the pandemic, the number of credit guarantee clients has increased to 800,000, primarily due to efforts to help small and medium-sized enterprises (SMEs) access more credit within the system, according to the head of the Thai Credit Guarantee Corporation (TCG).

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GENERAL

Demand high for Exim's 1st Blue Bond

Business, Wichit Chantanusornsiri, Published on 27/07/2024

» The Export-Import Bank of Thailand (Exim Bank) has reported significant success with its first Blue Bond worth 3 billion baht, which saw subscription demand exceeding the amount issued by 2.5 times, reflecting strong demand from institutional and major investors.

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GENERAL

Govt Savings Bank soft loan programme attracts strong demand

Business, Wichit Chantanusornsiri, Published on 26/07/2024

» A soft loan scheme administered by the Government Savings Bank (GSB) has initially attracted demand tallying 70-80 billion baht out of the 100 billion-baht total, according to Finance Minister Pichai Chunhavajira.

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GENERAL

Ministry move aims to maintain prices

Business, Wichit Chantanusornsiri, Published on 26/07/2024

» The Finance Ministry looks set to help purchase mangosteens and longans at the beginning of the season, which is expected to run from July to August this year, to help elevate the prices of early-season produce.

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GENERAL

Retirement lottery to the rescue

Business, Wichit Chantanusornsiri, Published on 25/07/2024

» It is alarming that nearly half of the country's workforce, comprising 37.5 million people, lacks a retirement savings plan.

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GENERAL

Finance Ministry to divest from 25 companies

Business, Wichit Chantanusornsiri, Published on 24/07/2024

» The State Enterprise Policy Office (Sepo) looks set to divest Finance Ministry shares in 25 non-listed firms, with a total estimated value of 20 billion baht.

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GENERAL

Bad debt spike blamed on drop in spending

Business, Wichit Chantanusornsiri, Published on 22/07/2024

» An increase in non-performing loans (NPLs) during the first seven months of this year primarily stems from wholesale and retail businesses, according to the Small and Medium Enterprise Development Bank of Thailand (SME D Bank).

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INVESTMENT

Seeking new engines of growth

Wichit Chantanusornsiri, Published on 22/07/2024

» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.