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Search Result for “Distress”

Showing 1 - 10 of 81

BUSINESS

Thailand faces grim employment prospects

Business, Wichit Chantanusornsiri, Published on 17/03/2025

» Thailand's employment prospects are negative as there are clearer signs of a shrinking workforce, evidenced by fewer insured workers under Section 33 of the Social Security Act, which covers more than 10 million people, according to the Federation of Thai SMEs.

BUSINESS

Cabinet demands BoT rate cut today

Business, Wichit Chantanusornsiri, Published on 26/02/2025

» The cabinet has sent a letter to the Bank of Thailand urging a cut in interest rates to help ensure inflation stays within the targeted range.

BUSINESS

Thai corporate bond sales to drop for third year on weak economy

Bloomberg, Published on 09/01/2025

» Corporate bond sales in Thailand may drop for a third straight year as the asset class faces mounting distress amid a weak economic outlook, according to the Thai Bond Market Association.

BUSINESS

AirAsia founder plots low-cost Dubai-like Hub in Bangkok, Kuala Lumpur

Bloomberg, Published on 22/11/2024

» Discount carrier AirAsia hopes to emulate Dubai’s success in connecting the world, but in a low-cost format in Bangkok and Kuala Lumpur as it looks to put its tumultuous pandemic years behind it and expand. 

BUSINESS

Inspections expand for tapioca chips

Business, Phusadee Arunmas, Published on 16/02/2024

» The Foreign Trade Department is tightening inspections of tapioca chip imports along the border after discovering a dozen importers bringing in low-quality chips.

BUSINESS

GSB expected to grant debt moratorium

Business, Wichit Chantanusornsiri, Published on 08/01/2024

» Government Savings Bank (GSB) plans to grant a debt moratorium to 630,000 debtors worth a total of 6.3 billion baht to help people and businesses unable to service their debt because of the impact of the pandemic, according to a source who requested anonymity.

BUSINESS

Iconic UK store seeks help from Central

Published on 29/12/2023

» LONDON - The company that owns the iconic Selfridges department store on London’s Oxford Street is asking its parent Central Group for more cash due to the insolvency of its other owner, Signa.

BUSINESS

Myanmar eyes surge in rice exports

Bloomberg News, Published on 16/08/2023

» Myanmar expects its rice exports to surge in coming months as curbs on Indian sales and a spike in Thai and Vietnamese prices force buyers to seek other supply sources.

BUSINESS

Global debt dominates G20 finance talks

AFP, Published on 17/07/2023

» GANDHINAGAR, India: G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change, as they aim to bolster a sagging global economy.

BUSINESS

The eternal joust over rate hikes

Business, Phusadee Arunmas, Nareerat Wiriyapong and Kanana Katharangsiporn, Published on 12/06/2023

» Some industry leaders are concerned about higher interest rates affecting businesses, especially small ones, in addition to weakening the purchasing power of homebuyers.