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.
Thailand looks to sign trade agreement with Bangladesh
Phusadee Arunmas, Published on 28/04/2024
» Deputy Prime Minister and Commerce Minister Phumtham Wechayachai said on Sunday that Thailand and Bangladesh are now looking forward to expanding trade and investments after agreeing to initiate talks toward signing their first free trade agreement (FTA).
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.
Asia’s gamblers cheer wave of legalisation
Bloomberg News, Published on 14/06/2023
» MACAU: In a sea change for the traditionally conservative region, some of the biggest tourism spots in Asia and the Middle East are moving toward building or allowing their first casinos, raising competitive pressure on existing hubs like Macau.
Luxury brands court Middle East with Ramadan collections
AFP, Published on 14/04/2023
» PARIS - With flowing kaftans, fluid separates and glamorous maxi dresses, Western luxury fashion brands are increasingly targeting the monied Middle Eastern market with Ramadan capsule collections.
Taliban ban crypto in Afghanistan, arrest digital coin dealers
Bloomberg News, Published on 26/08/2022
» Afghanistan’s central bank imposed a nationwide ban on cryptocurrencies this month and the Taliban regime has arrested several dealers who defied orders to stop trading digital tokens, according to a senior police official.
PTTEP seen taking over big Myanmar gas field as majors exit
Reuters, Published on 26/01/2022
» PTT Exploration and Production Plc (PTTEP) looks set to take over Myanmar's biggest gas field, as TotalEnergies and Chevron Corp exit in the wake of last year's coup in the Southeast Asian state, analysts say.
Cambodia's oil export ambitions sink with 'stolen' tanker standoff
Prak Chan Thul and Aradhana Aravindan of Reuters, Published on 27/08/2021
» PHNOM PENH/SINGAPORE: When Cambodian officials commemorated the start of the country's first oil project in June by preserving the first drops of production at a high profile ceremony, they heralded the country's emergence as a budding oil exporter at the heart of Asia.