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Search Result for “rates”

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ADVANCED NEWS

Loan rates remain high

Jon Fernquest, Published on 03/02/2012

» Loans to repair flood damage & competition with government banks (specializing in housing, SMEs, farming) keeping interest rates high at commercial banks.

ADVANCED NEWS

300 baht minimum daily wage

Jon Fernquest, Published on 03/02/2012

» 300 baht minimum daily wage policy starts on April 1st & with up to 40% wage increases many companies worry. Last ditch legal effort to stop policy.

BUSINESS

Kittiratt: Budget balance depends on local growth

Business, Wichit Chantanusornsiri, Published on 03/02/2012

» Finance Minister Kittiratt Na-Ranong has pledged that the government will try harder to improve the budget balance in the face of criticism that its big-spending plans could lead to unsustainable debts in the future.

BUSINESS

Where do rates go from here now that the debt has been transferred?

Business, Published on 03/02/2012

» No other executive decree has become the talk of the town like the one that transferred the Financial Institutions Development Fund (FIDF)'s debt responsibility from the government's budget and to FIDF itself.

BUSINESS

Funding costs seen as priority for banks

Business, Somruedi Banchongduang, Published on 03/02/2012

» Banks will need to do a better job managing their funding costs at a time of plentiful liquidity and rising expenses stemming from expected higher levies to the Financial Institutions Development Fund (FIDF), says Tak Bunnag, executive vice-president of Bank of Ayudhya.

BUSINESS

Forces conspire against lower rates

Business, Parista Yuthamanop, Published on 02/02/2012

» High demand for restoration loans after the flooding has played a role in the banking system's sluggishness in cutting interest rates, says a Bank of Thailand senior official.

BUSINESS

SCCC eyes Asean neighbours

Business, Nareerat Wiriyapong, Published on 02/02/2012

» The SET-listed Siam City Cement Plc (SCCC) is gearing up for expansion in Southeast Asia by studying the feasibility of building a cement plant in Myanmar and a one-billion-baht Conwood facility in Indonesia.

BUSINESS

Energy chief looks to neutral party on price restructure

Business, Yuthana Praiwan, Published on 02/02/2012

» A reliable third party will be hired to study energy price restructuring and its impact on motorists and consumers, says Energy Minister Arak Chonlatanon.

BUSINESS

3% rate regarded as inflation stabiliser

Business, Published on 02/02/2012

» The current policy interest rate of 3% would keep inflation in check if maintained throughout the year, says Supavud Saicheua, managing director of research at Phatra Securities Plc.

WORLD

Drug giant Roche profits up 7% in 2011

AFP, Published on 01/02/2012

» Swiss drug giant Roche said Wednesday its 2011 net profit rose 7.0 percent to 9.5 billion Swiss francs ($10.3 billion, 7.9 billion euros), despite the impact of the strong currency against the dollar and euro.