Showing 1 - 10 of 17
BoT bans fees for consumer loans
Business, Somruedi Banchongduang, Published on 18/01/2024
» The Bank of Thailand is prohibiting fees for debt prepayment and debt restructuring for all consumer loan products under the new responsible lending (RL) regulation.
OR seeks to expand coffee business
Business, Yuthana Praiwan, Published on 18/01/2024
» PTT Oil and Retail Business Plc (OR) aims to further strengthen its coffee business by building a coffee centre, dubbed "Amazon Park", in the northern province of Lampang to support its coffee research and plantations in order to serve growing demand in Thailand.
Strategy to achieve tourism targets revealed
Business, Molpasorn Shoowong, Published on 18/01/2024
» The Tourism and Sports Ministry said the target of 3.5 trillion baht in revenue and 40 million foreign arrivals this year set by Prime Minister Srettha Thavisin remains a challenge, but it plans to drive spending and longer stays through soft power products, events and safety measures.
Sentiment declines in December
Business, Lamonphet Apisitniran, Published on 18/01/2024
» The Thailand Industry Sentiment Index (TISI) fell in December 2023 to 88.8 points, attributed to a range of factors from a decrease in sales to lower production, says the Federation of Thai Industries (FTI).
Rich investors given Bitcoin green light
Business, Nuntawun Polkuamdee, Published on 18/01/2024
» The Securities and Exchange Commission (SEC) plans to allow securities companies to offer trading of spot Bitcoin exchange-traded funds (ETFs) to institutional and high net worth (HNW) investors, but not retail investors.
Eastspring keen on bonds, debt
Business, Nuntawun Polkuamdee, Published on 18/01/2024
» Eastspring Asset Management anticipates the US Federal Reserve is preparing to lower interest rates 2-4 times this year, benefiting risk assets in certain groups, including government bonds and investment-grade corporate debt securities.
Total premiums expected to reach B1tn by 2026
Business, Wichit Chantanusornsiri, Published on 18/01/2024
» The Office of the Insurance Commission (OIC) says the insurance sector expanded by 4.5% recently, with total insurance premiums expected to reach 1 trillion baht in 2026, up from 800-900 billion baht at present, according to secretary-general Chuchatr Pramoolpol.
NBTC board votes 4:3 to reject recruitment of new chief
Business, Komsan Tortermvasana, Published on 18/01/2024
» The board of the National Broadcasting and Telecommunications Commission (NBTC) voted 4:3 yesterday against a recruitment process for a new secretary-general, indicating the process has been driven by the chairman and invalid from the start.
Developer eyes 20% revenue growth
Business, Kanana Katharangsiporn, Published on 18/01/2024
» SET-listed Singha Estate is aiming for a 20% revenue growth from 2023, targeting 18 billion baht by the end of 2024, with the hospitality business being the key driver, fuelled by a robust global tourism sector.
VGI targets advertising growth on expanding skytrain lines
Business, Suchit Leesa-nguansuk, Published on 18/01/2024
» VGI Plc, an out-of-home (OOH) media firm, plans to grow in line with the expansion of new mass transit lines, using its audience profile to offer more financial and retail services.