Showing 91-100 of 346 results
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TBA talks soft loan criteria with BoT
Business, Somruedi Banchongduang, Published on 02/07/2020
» The Thai Bankers' Association (TBA) is in talks with the Bank of Thailand to seek ways to fine-tune the 500-billion-baht soft loan criteria, probably by allowing banks to extend loans with a specific purpose such as keeping small and medium-sized enterprises' (SMEs) employees on payroll.
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On guard against contagion
Business, Published on 29/06/2020
» Thailand's banking sector has been disrupted yet again, but this time it's not a sophisticated new technology creating turbulence. Rather, it's a microscopic virus that induces fear of immense collateral damage that could shake the country's financial pillars to its core.
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No soft landing for troubled THAI
Business, Published on 18/05/2020
» The clock is ticking for loss-ridden Thai Airways International Plc (THAI) as it seeks a much-needed lifeline from the government or risks becoming another chapter in the history of national flag carriers to go bust, with the lives of about 21,000 employees hanging in the balance.
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Deutsche Bank says results will beat forecasts
AFP, Published on 27/04/2020
» FRANKFURT AM MAIN - Germany's biggest lender Deutsche Bank said it expects to report a net profit of 66 million euros ($71 million) for the first quarter, beating market forecasts.
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Banking trio announce uneven Q1 results
Business, Somruedi Banchongduang, Published on 21/04/2020
» The unaudited consolidated net profit of three commercial banks -- Siam Commercial Bank (SCB), TMB Bank and Tisco Financial Group -- were mixed for the first quarter, with most recording a bad loan uptick, while SCB's chief warned Covid-19 impacts will be apparent in future quarters.
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KBank retooling 2020 targets
Business, Somruedi Banchongduang, Published on 08/04/2020
» Kasikornbank (KBank) will likely revise financial targets this year after the bank's research unit estimated that the economy will shrink 5% in 2020 amid the coronavirus pandemic, said KBank chief executive Kattiya Indaravijaya.
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Fitch warns of epidemic's impact on regional banking sectors
Business, Published on 05/03/2020
» The coronavirus outbreak will hit Southeast Asian banking sectors and cause weaker economic growth, slower credit gains and dampened profitability, with banks in tourism-dependent Thailand and China-exposed Singapore likely to be the most affected, according to Fitch Ratings.
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The rise of China's female consumers
Business, Published on 19/03/2020
» Young Chinese women are an increasingly important force in the world's consumer markets. Females are responsible for three-quarters of household purchasing decisions in mainland China and their spending is expected to rise from 3.3 trillion yuan in 2017 to 8.6 trillion (about US$1.2 trillion) by 2022.
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CBRE says 2020 an ideal time to buy in London
Business, Published on 20/03/2020
» Thai property investors are focusing on sites in London where demand remains high as the pound sterling remained at a low rate for the fifth consecutive year, according to property consultant CBRE Thailand.
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Streaming Surge Turns U.S. Recorded-Music Sales Up to $11bn
Business, Published on 27/02/2020
» Recorded-music sales in the U.S. grew 13% last year to $11.1 billion--their highest point in more than a decade--as revenue continued to surge from streaming services such as Spotify and Apple Music.
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