Showing 11 - 20 of 311
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.
State disburses B1.35tn from fiscal 2024 budget
Business, Wichit Chantanusornsiri, Published on 25/03/2024
» The government has disbursed 1.35 trillion baht from the fiscal 2024 budget between Oct 1, 2023 and March 8 this year, according to the Comptroller-General's Department.
Digital wallet paper to be assessed by panel
Business, Wichit Chantanusornsiri, Published on 20/03/2024
» The State Audit Commission appears to be preparing to establish a subcommittee to audit and provide recommendations to the government on the controversial digital wallet project.
Agency eyes budget fund bottleneck
Business, Wichit Chantanusornsiri, Published on 18/03/2024
» The Comptroller-General's Department is addressing the bottleneck in accelerating budget disbursement, aiming to push budget funding into the economy more swiftly in fiscal 2024.
Virtual bank licensing criteria set
Business, Wichit Chantanusornsiri, Published on 06/03/2024
» The Finance Ministry has announced the criteria to apply for a virtual bank licence, with initial registered capital set at 5 billion baht.
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.
IBank finally flourishes
Business, Wichit Chantanusornsiri, Published on 02/03/2024
» Over the past two decades, the Islamic Bank of Thailand (IBank) has faced numerous challenges in becoming the sole financial institution in the country to provide sharia-compliant financial services in accordance with Islamic principles, says president Thaweelap Rittapirom.
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.
BAAC unveils scheme for carbon credits
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to purchase 510,000 tonnes of carbon credits within five years, says president Chatchai Sirilai.
Small and Medium Enterprise Development Bank of Thailand predicts 28% loan growth
Business, Wichit Chantanusornsiri, Published on 10/02/2024
» The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) set a loan target of 90 billion baht this year, up by 28% from 2023, while non-performing loans (NPLs) tallied only 8%, the lowest in 22 years, says president Nartnaree Rathapat.