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  • MOTORING

    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.

  • GENERAL

    Virtual bank applications to open in March

    Business, Somruedi Banchongduang, Published on 01/03/2024

    » The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.

  • THAILAND

    Mahidol launches Thailand's 'new normal' of learning

    News, Apinya Wipatayotin, Published on 31/08/2020

    » Freshmen from Mahidol University started their first day of class with something quite unusual.

  • BUSINESS

    Covid-19 lump sum policies to cease

    Business, Darana Chudasri, Published on 24/03/2020

    » Several insurance companies and brokers have stopped selling Covid-19 insurance lump-sum payout policies, while some have adjusted claim benefits to prevent policyholders' moral hazard problem and underwriting risks.

  • BUSINESS

    Rate cut impact limited

    Business, Published on 05/12/2019

    » Thailand's financial conditions were tighter than the historical average in the third quarter this year despite a policy rate cut by the Monetary Policy Committee (MPC) in August. This reflected persistent baht appreciation, an increase in corporate spreads and a slowdown in corporate borrowing and commercial bank loan growth.

  • BUSINESS

    Headwinds ahead

    Asia focus, Erich Parpart, Published on 29/04/2019

    » Amid unfavourable external economic conditions and political uncertainties at home, the outlook is dimming for Thailand and other Asian countries facing an export slowdown linked to weak trade and demand growth globally.

  • LIFE

    Building a company that lasts

    Life, Usnisa Sukhsvasti, Published on 22/02/2018

    » The United Nations Sustainable Development Goals (SDGs) are not merely a global agenda or war cry for sustainable development that is being taken up by governments around the world. To move forward towards global prosperity, there has to be a balance and interaction between economic and social health. As such, business corporations have an equal responsibility and, increasingly, a need, to incorporate sustainable practices into their operations and management systems. It is not just a public-relations exercise, but a factor that will give them an edge, and also provide for long-term growth in a world where business no longer caters simply to a small circle of "customers" or "shareholders", but the wider target of "stakeholders".

  • BUSINESS

    Banking's 40,000 cutback question

    Business, Published on 13/02/2018

    » Scholars are divided over who should be responsible for the more than 40,000 bank employees that are scheduled to be displaced over the next three years by the country's four largest banks.

  • BUSINESS

    TCG to push for more help for SMEs

    Business, Published on 04/09/2017

    » The state-owned Thai Credit Guarantee Corporation (TCG) will discuss a new portfolio guarantee scheme (PGS) worth 150-200 billion baht with the Finance Ministry in early October. The scheme is meant to allow small businesses continued access to bank loans amid the uneven economic recovery.

  • BUSINESS

    BoT tightens belt on consumer loans

    Business, Published on 30/06/2017

    » The Bank of Thailand is set to announce tighter regulations governing unsecured loans next month as part of its effort to discourage consumers, particularly low-income earners, from accumulating further debt.

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