Showing 91 - 98 of 98
Banks pooh-pooh bridge loan offer
Business, Published on 31/01/2014
» The Finance Ministry called off yesterday's bridging loan auction aimed at borrowing to repay unpaid rice farmers as only a few banks participated in the bidding, adding to caretaker Prime Minister Yingluck Shinawatra's woes.
Rice loan bids moved to today
Business, Published on 30/01/2014
» The Finance Ministry postponed the bridging-loan auction yesterday to borrow from banks to repay unpaid rice farmers until today after submitting a letter of invitation to financial institutions, says a ministry source.
Prasarn, fiscal office cut growth projections
News, Published on 28/09/2013
» Bank of Thailand governor Prasarn Trairatvorakul now estimates economic growth will likely come in below 4% this year, while the Finance Ministry's Fiscal Policy Office (FPO) has also cut its GDP growth projection to a range of 3.5-4% from 4-5% previously.
GSB first to follow MPC's rate cut
Business, Published on 25/06/2013
» The state-owned Government Savings Bank (GSB) has become a spearhead in passing on the Monetary Policy Committee's (MPC) recent rate cut, slashing its minimum overdraft rate (MOR) and minimum retail rate (MRR) by 12.5 basis points but maintaining the minimum lending rate (MLR) and deposit rates.
Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
Banks' dollar borrowing eyed
Business, Published on 20/05/2013
» The Finance Ministry has blamed local commercial banks' offshore borrowing at low interest rates to be lent locally as a factor accelerating the baht's strength.
Liquid courage
Business, Published on 01/04/2013
» A2-trillion-baht loan bill to finance seven-year infrastructure projects will gradually reduce the excessive liquidity in the country's financial system without leading to a spike in domestic interest rates, says one expert.
PDMO calls rising commercial bank interest rates 'irregular'
Business, Published on 30/05/2012
» A rising interest rate is contrary to a recovering domestic economy, says Chakkrit Parapuntakul, director-general of the Public Debt Management Office.