Showing 1 - 10 of 30
Exim Bank offers cheap loans to halal exporters
Business, Wichit Chantanusornsiri, Published on 07/08/2024
» The Export-Import Bank of Thailand (Exim Bank) has teamed up with the Islamic Bank of Thailand (IBank) to offer loans with interest rates lower than the prime rate to support the goal of becoming Asean's halal hub by 2028.
IBank posts huge profit gain for 2023
Business, Wichit Chantanusornsiri, Published on 11/06/2024
» The Islamic Bank of Thailand (IBank) reported a 1,553% increase in net profit last year compared with 2022.
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.
Tapping a vast market
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The restoration of diplomatic relations between Thailand and Saudi Arabia in 2022 following a 30-year break has created new opportunities for Thailand to tap into demand for its halal products in Middle Eastern markets.
Empowering Southern Thai Students Through Coding Education
Published on 25/08/2023
» STEPS, the Southern Technology Education Project for Students, has launched a transformative initiative aimed at empowering students in the vulnerable regions of the Southern Border of Thailand. Supported by the Islamic Bank of Thailand (ibank), STEPS is dedicated to providing assistance to students in Narathiwat, Pattani, and Yala.
IBank targets fewer NPLs
Business, Wichit Chantanusornsiri, Published on 25/04/2023
» The Islamic Bank of Thailand (IBank) aims to reduce its non-performing loans (NPLs) to 8 billion baht this year, from the current level of 13 billion baht, by helping its major corporate customers restructure their debt, says the bank's president Thaweelap Rittapirom.
Making Thai gems and jewellery shine again
Asia focus, Thaweelap Rittapirom, Published on 30/08/2021
» Thailand's gems and jewellery industry, like many others, has been battered by the Covid-19 pandemic.
China gains the quantum advantage
Asia focus, Published on 23/08/2021
» Chinese scientists recently claimed they had gained the global edge in quantum computing over Google with a device that can complete in 70 minutes a task that would take the world's fastest non-quantum supercomputer more than eight years.
Asia's climate efforts at a crossroads
Asia focus, Published on 16/08/2021
» Asean nations that are parties to the Paris Climate Agreement are touting plans to increase renewable energy generation, but governments in Asia need to do more, faster, to mitigate climate change.
Bank of Japan gives green finance a boost
Asia focus, Published on 02/08/2021
» The Japanese central bank recently announced a series of incentives for climate-linked loans and investments, to help financial institutions address climate change issues.