Showing 1-10 of 14 results
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Tourism 'may need six months'
Business, Somruedi Banchongduang, Published on 19/06/2010
» Thailand's tourism sector, hit hard by the red-shirt protests and riots in April and May, may need six months to recover, depending on the success of the government's recovery strategy and the global economy, according to Bandid Nijathaworn, a deputy governor of the Bank of Thailand.
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SSI lenders agree to ease short-term conditions
Business, Somruedi Banchongduang, Published on 17/08/2012
» Local lenders are not worried about the poor performance of Sahaviriya Steel Industry (SSI) under its capital restructuring plan, as creditors agreed to ease short-term loan conditions in order to improve its liquidity amid falling global steel prices.
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Forex firms form Tafex association
Business, Somruedi Banchongduang, Published on 30/11/2012
» Local money changers have set up the Thai Association of Foreign Exchange (Tafex) to upgrade small foreign exchange businesses to international standards.
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BBL charts cautious course after MPC cut
Business, Somruedi Banchongduang, Published on 08/06/2013
» The central bank's Monetary Policy Committee (MPC) cut the benchmark rate 10 days ago, but Bangkok Bank (BBL), the country's biggest lender by assets, remains coy on the matter.
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KBank bids to attract Japanese investors
Business, Somruedi Banchongduang, Published on 10/09/2014
» Kasikornbank (KBank), the country's fourth-largest lender by assets, expects 50-70 Japanese small and medium-sized enterprises (SMEs) with investments totalling 3.5 billion baht will expand to Thailand through the bank's collaboration with Tokyo Metropolitan SME Support Center.
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Central bank steps up fines for market conduct violators
Business, Somruedi Banchongduang, Published on 18/01/2018
» The Bank of Thailand is escalating the punishment for banks that violate the regulator's market conduct rules.
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KTB warms to auto leasing after absence
Business, Somruedi Banchongduang, Published on 29/05/2018
» Krungthai Bank (KTB), the country's fourth-largest lender by assets, wants to return to the auto leasing business after cooling on the sector for years to deal with soured loans.
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KBank aims for half of income from data
Business, Somruedi Banchongduang, Published on 29/01/2019
» Kasikornbank (KBank) projects data-driven income will account for half of total income by 2020, while targeting digital loan growth doubling this year.
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New chief aims to revitalise TMBAM ES
Business, Somruedi Banchongduang, Published on 07/09/2020
» As the new chief executive of TMBAM Eastspring (TMBAM ES), Adisorn Sermchaiwong has set his sights on rebuilding the asset management company to cement its status as the top firm in the mutual fund industry.
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CTBC banking on Thai SMEs
Business, Somruedi Banchongduang, Published on 10/08/2021
» Taiwan-based CTBC Bank (CTBC), a major shareholder of Land and Houses Bank (LH Bank), sees high growth potential of Thai small and medium-sized enterprises (SMEs) in the long term, though the SME segment is still facing hardships amid the pandemic, LH Bank president Chompoonoot Pathomporn said in an exclusive interview with the Bangkok Post.
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