Showing 1-10 of 11 results
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Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
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CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
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US politics dent sentiment but energy shares lift set
Business, Published on 22/05/2017
» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.
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Bitten by the bitcoin bug
Spectrum, Published on 19/03/2017
» Atit Lertkiatpanit does not carry bundles of banknotes, but his wealth is assured by his digital wallet. The 26-year-old entrepreneur is an active cryptocurrency investor. He remains unfazed by the fact that bitcoins are not recognised by the Bank of Thailand. He started collecting bitcoins a couple of years ago and the intangible currency now accounts for 70% of his portfolio.
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Most talked-about stories of 2014
Business, Post Reporters, Published on 26/12/2014
» Historically, 2014 will go down as another disappointing year for most, as the Thai economy continued to suffer amid political uncertainty, policy questions and weak global growth.
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Good week for stocks as concerns EASE about fed
Business, Published on 23/11/2015
» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.
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Dutchman on huge laundering charges
Online Reporters, Published on 17/10/2014
» A Dutchman and his Thai wife on Friday pleaded not guilty to money laundering charges involving several million euros brought against them by public prosecutors.
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Escrow accounts to protect homebuyers
Jon Fernquest, Published on 28/09/2011
» Escrow for real estate purchases now available. Escrow law to protect homebuyers took effect in 2008 but banks still don't offer service.
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Eternal youth for 100 year old bank
Jon Fernquest, Published on 12/09/2011
» 100 years old, the Government Savings Bank is becoming young again, helping rural communities, with only 1.1% non-performing loans,
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Solar power in Ayutthaya
Jon Fernquest, Published on 08/06/2011
» The first 3 megawatt electricity generating solar farm of a 100 megawatt project is now operating and selling electricity. Wind power and biomass are next.
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