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Breaking the gridlock in project financing
Business, Wirot Poonsuwan, Published on 09/01/2018
» An assignment of all construction and supply contracts is invariably an essential element of the security package required by syndicates of Thai banks for financing large construction projects. These include metropolitan mass-rapid rail transit, toll roads, provincial power plants, industrial facilities in the Eastern Economic Corridor, offshore oil and gas platforms, mixed-use commercial and residential complexes in the capital's central business district, and others.
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SME Bank cleared to exit rehab plan
Business, Chatrudee Theparat, Published on 20/01/2018
» The state-owned Small and Medium Enterprise Development Bank of Thailand (SME Bank) yesterday got the nod from the State Enterprises Policy Commission (superboard) to exit its rehabilitation plan, thanks to its improving operating performance and significantly lower non-performing loans.
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