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Showing 8,511-8,520 of 8,569 results
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Bank stocks dive on FIDF woes
Business, Darana Chudasri, Published on 06/01/2012
» Despite improving share market sentiment worldwide, Thai banking stocks nosedived yesterday on the potentially worrisome impact of the debate over whether responsibility for the liabilities of the Financial Institutions Development Fund (FIDF) should be transferred to the Bank of Thailand.
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Govt shifts B1 trillion in debt to BoT
News, Post Reporters, Published on 05/01/2012
» The cabinet yesterday decided to transfer responsibility for 1.14 trillion baht in outstanding debt from the 1997 economic crisis to the central bank, paving the way for the government to take out hundreds of billions of baht in new loans to fund new investment programmes.
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Govt spending gets roasting
News, Published on 05/01/2012
» The opposition yesterday blasted the government over its spending efficiency and the amount of borrowing included in its 2012 Budget Bill.
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BoT baulks at govt bid to drop debt in its lap
News, Wichit Chantanusornsiri, Published on 05/01/2012
» The debate over the past several days regarding who should hold responsibility for the 1.14-trillion-baht in outstanding liabilities from the Financial Institutions Development Fund, should serve as a clear wake-up call about the dangers and costs of poor policy.
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Bill of exchange rules tightened
Business, Published on 05/01/2012
» Securities regulators yesterday sharply curbed the issuance of bills of exchange (B/Es) by local banks in a new rule aimed at protecting retail investors.
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Ministry debt relief sought
News, Published on 04/01/2012
» Deputy Prime Minister and Commerce Minister Kittiratt Na-Ranong will today seek cabinet approval for an emergency decree to ease the burden on the Finance Ministry resulting from a 1.14 trillion baht debt carried over from the 1997 economic crisis.
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Public debt forecast to rise rapidly on big borrowing
Business, Wichit Chantanusornsiri, Published on 04/01/2012
» Thailand's Public Debt Management Office (PDMO) predicts that the country's public debt will rise rapidly to 51% within the next two years, as the government requires at least 350 billion baht in loans to invest in permanent flood prevention projects.
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Put 'Happy' in the New Year
News, Published on 02/01/2012
» It was an easy act to let go of the year 2011 and welcome in the New Year, 2012/2555. That is not to say that the past year was without achievement for our citizens. But we could easily have done without the calamities of the past year. The huge crowds drawn to Sanam Luang on Saturday night for a prayerful pre-midnight evening gave voice to the thought all around the country: Let us hope and work for a better year ahead than the one we are leaving behind.
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Push 1997 crisis debt over to BOT?
Published on 30/12/2011
» To pay off huge debt politicians avoided for decades, can Bank of Thailand use foreign exchange reserves (that support exchange rate & exports)?
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Govt debt to disappear
Jon Fernquest, Published on 28/12/2011
» 1.14 trillion baht in govt debt from 1997 crisis to be erased immediately by shifting off balance sheet to Bank of Thailand.
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