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Showing 1-6 of 6 results
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SAM buys B3.5bn worth of bad assets
Business, Somruedi Banchongduang, Published on 10/11/2014
» Three local big banks have sold bad assets worth 3.5 billion baht to Sukhumvit Asset Management (SAM) to lower their non-performing loans (NPLs) and financial burden in setting aside loan-loss provisions.
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More SME borrowers seeking grace period
Business, Somruedi Banchongduang, Published on 24/04/2014
» The number of small and medium-sized enterprises (SMEs) requesting grace periods for principal loan repayments is rising as they face a liquidity crunch amid the stuttering economy, says Kasikornbank (KBank).
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SCB slashes 2014 credit card growth
Business, Somruedi Banchongduang, Published on 28/01/2014
» Siam Commercial Bank has revised down a growth target for credit card spending this year to 10% from the earlier projection of 17% on the back of heightened political tension.
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K-Research: Politics may slash GDP growth
Business, Somruedi Banchongduang, Published on 13/12/2013
» As anti-government protests rumble on, Kasikorn Research Centre (K-Research) forecasts national economic growth next year ranging from 0.5% to 4.5%, according to four ways the dispute could play out.
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1,200 not out of the question for SET
Business, Somruedi Banchongduang, Published on 28/11/2013
» The Thai stock market could dive to the 1,200 mark in the worst-case scenario, although local shares have proved resilient to previous street protests, says CIMB Research.
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Council upbeat about travel targets
Business, Somruedi Banchongduang, Published on 22/11/2013
» In light of the continued slow growth in GDP, tourism is only sector that can contribute to economic expansion next year, despite concerns over political instability, said the Tourism Council of Thailand.
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