Showing 1-10 of 1,738 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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High risk, high gains await banks
Business, Somruedi Banchongduang, Published on 02/01/2012
» Striking a balance between a higher risk of global volatility and greater opportunities in Asia will be the biggest challenge for local banks in 2012.
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Thailand losing FDI share to neighbouring countries
Business, Somruedi Banchongduang, Published on 07/01/2012
» The government should complete its flood management plan in the first quarter in order to restore confidence among foreign investors quickly, as the country has been losing foreign direct investment (FDI) to Asean peers over the past five years, says the Kasikorn Research Centre (KResearch).
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KBank leans towards mutual funds, B/Es
Business, Somruedi Banchongduang, Published on 12/01/2012
» Kasikornbank is moving along with the trend of mobilising funds through mutual funds and bills of exchange this year, saying the strategy caters to the needs of customers in the wake of declining deposit guarantee.
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Tisco bills plan hobbled by FIDF decree
Business, Somruedi Banchongduang, Published on 14/01/2012
» Banking shares may enter a turbulent period as the effects of the controversial debt buyout after the 1997 financial crisis force banks to adjust their business strategies.
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BAY unveils Visa gift cards
Business, Somruedi Banchongduang, Published on 17/01/2012
» With growth in the credit-card market slowing gradually each year, banks must introduce new products to spur the market by attracting younger customers.
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KTC cutting costs under new leadership
Business, Somruedi Banchongduang, Published on 19/01/2012
» Krungthai Card (KTC) seeks to reduce its cost-to-income ratio to less than 40% by the end of next year from 46-48% now, with the aim of becoming No.1 in market share for credit cards by 2014.
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Banks record healthy 21% net profit
Business, Somruedi Banchongduang, Published on 21/01/2012
» The banking sector recorded net profit of 106.83 billion baht last year, up 21% year-on-year from 88.31 billion. Siam Commercial Bank posted the industry's largest net profit of 36.27 billion baht, a high for that institution.
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Lunar line-up
Business, Somruedi Banchongduang, Published on 23/01/2012
» Consumers, already in a cheerful mood for the Chinese New Year celebrations, will receive a further lift this year with special financial products and services being offered by local banks.
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Bond issuances to skyrocket
Business, Somruedi Banchongduang, Published on 25/01/2012
» As interest rates fall to support economic expansion and banks pay a higher deposit-protection fee, corporate bond issuances are expected to increase this year as a cheaper source of funds, say banking executives.
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