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Search Result for “financial crisis”

Showing 1 - 10 of 14

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THAILAND

GSB and BAM Form 1 Billion Baht Debt Relief Venture

Published on 31/05/2024

» Government Savings Bank (GSB) has partnered with Bangkok Commercial Asset Management (BAM) to establish a joint venture, ARI Asset Management Co., Ltd. (ARI-AMC), with a capital investment of 1 billion baht. ARI-AMC will purchase and transfer non-performing loans (NPLs) from GSB over the course of three quarters in the fiscal year 2024, providing assistance to over 500,000 accounts of small and medium-sized enterprise (SME) debtors and credit card debtors.

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GENERAL

Building wealth through health

Business, Published on 30/05/2024

» Financial markets price the future. About a year ago, the market was looking for an aggressive reversal of interest rates, reflecting the turmoil in the US banking system and the expectation of an economic slowdown.

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OPINION

20 years of errors can't be fixed easily

Oped, Chartchai Parasuk, Published on 30/05/2024

» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.

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WORLD

Eyes and ears everywhere in China

Published on 25/05/2024

» BEIJING - The wall in the police station was covered in sheets of paper, one for every building in the sprawling Beijing apartment complex. Each sheet was further broken down by unit, with names, phone numbers and other information on the residents.

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THAILAND

Divided on the economy

News, Published on 25/05/2024

» From the showdown between the ruling Pheu Thai Party and the Bank of Thailand (BoT) came a call for coalition parties to ponder parting ways with the government.

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OPINION

Yesterday’s shadow

Oped, Postbag, Published on 25/05/2024

» Re: “Court to hear Srettha case”, (BP, May 24) and “Thailand’s judiciary face challenges”, (Opinion, May 24). Prof Thitinan Pongsudhirak’s biting comments on the judiciary’s influence on the lifeline of an elected prime minister are most justified based on past events. For the coming challenge facing our Constitutional Court, it is different from the past. The court’s 5-4 vote not suspending PM Srettha’s lifeline before he has the chance of defence is laudable.

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INVESTMENT

SET unveils new vision to support stakeholders

Business, Nuntawun Polkuamdee, Published on 25/05/2024

» The Stock Exchange of Thailand (SET) has vowed to develop the digital capital market to complement the traditional capital market and expand opportunities for businesses of all sizes to raise funds, as the bourse aims to become a regional stock exchange.

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GENERAL

An urgent mission for new bourse leader

Business, Soonruth Bunyamanee, Published on 24/05/2024

» The Stock Exchange of Thailand (SET) board resolved on May 15 to appoint Kitipong Urapeepattanapong as the 19th chairman of the bourse.

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OPINION

Decarbonisation needs joint effort

Oped, Published on 21/05/2024

» As countries around the world experienced record temperatures last year, United Nations Secretary-General António Guterres declared, "We must turn a year of burning heat into a year of burning ambition." But to move away from fossil fuels and unlock the green transition's economic benefits, such as job creation and universal access to clean energy, industry leaders and policymakers must work together to translate the commitments made at the UN Climate Change Conference in Dubai (COP28) into actual renewable gigawatts.

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WORLD

Taiwan’s new president calls on China to end threat of war

Published on 20/05/2024

» New Taiwan President Lai Ching-te urged China to stop its campaign of pressure of the democratic island, comments aimed at calming a dispute at the heart of a geopolitical rivalry involving the world’s two biggest powers.