Showing 1 - 10 of 48
Local deposits forecast to expand by 1-3%
Business, Wichit Chantanusornsiri, Published on 27/03/2025
» The deposits of Thais are expected to grow by 1-3% in 2025 year-on-year, in line with the slow growth of the Thai economy amid uncertainties both domestically and internationally, according to the Deposit Protection Agency (DPA).
Board eases new COD transfer rule
Business, Suchit Leesa-nguansuk, Published on 11/10/2024
» The division specialising in contracts at the Consumer Protection Board has issued an additional guideline to allow logistics providers to transfer cash on delivery (COD) payments to online merchants, forgoing the five-day waiting period.
BGRIM expands investment in renewables in South Korea
Business, Published on 08/03/2024
» B.Grimm Power (BGRIM) is expanding its renewable energy business through investments in Nakwol Wind and Hanbit Wind, two offshore wind power plants in South Korea which have a combined installed capacity of 740 megawatts.
Foreign currency deposits post healthy uptick in 2023
Business, Somruedi Banchongduang, Published on 05/03/2024
» Foreign currency deposits (FCDs) experienced a robust surge last year, driven by enticing interest rates resulting from global interest rate hikes.
Agency records 0.5% year-on-year drop in deposits last year
Business, Somruedi Banchongduang, Published on 27/02/2024
» The value of deposits under the supervision of the Deposit Protection Agency (DPA) in 2023 fell by 0.5% year-on-year, the first decline in a decade, attributed to the top and the bottom-tier deposit segments, said DPA president Songpol Chevapanyaroj.
Sales on course to achieve double-digit growth this year
Business, Suchit Leesa-nguansuk, Published on 25/01/2024
» Thailand's retail industry is expected to register double-digit growth this year, driven by private consumption and government stimulus measures.
B.Grimm opens new plant
Business, Published on 09/12/2023
» B.Grimm Power (Angthong) 3 Co, a subsidiary of B.Grimm Power Plc, has reached its commercial operation date (COD) for the Angthong 3 combined-cycle power plant project.
Thai deposits fall for first time in a decade
Business, Wichit Chantanusornsiri, Published on 03/11/2023
» The value of deposits under the Deposit Protection Agency (DPA) fell by 1.32% year-on-year, the first decline in a decade, attributed to a fragile economy and war in the Middle East, says DPA president Songpol Chevapanyaroj.
KEX expands through alliance
Business, Apichart Thananan, Published on 10/05/2023
» Kerry Express (KEX), Thailand’s leading express delivery provider, has decided to partner with All Speedy Co, a CP All subsidiary, to expand its service into 7-Eleven branches nationwide.
Baht all safe and sound
Business, Wichit Chantanusornsiri, Published on 24/04/2023
» While the recent banking debacle in the US and Europe sparked fears about a contagion spreading worldwide, the head of Thailand's Deposit Protection Agency (DPA) said since the agency's establishment in 2008, Thailand has never been close to requiring action to protect deposits.