Showing 1 - 10 of 60
BMTA to receive B9.1bn cash influx
News, Published on 16/01/2026
» The cabinet has approved 9.1 billion baht in funding to boost the liquidity of the cash-strapped Bangkok Mass Transit Authority (BMTA), which is moving ahead with major reforms aimed at cutting costs and improving efficiency.
Is there a case for IMF gold sales?
News, Tim Hirschel-Burns & Marina Zucker-Marques, Published on 14/10/2025
» With developing countries facing intense financial pressure and developed countries slashing foreign aid, it can be tempting to dream of stumbling across a pot of gold. Dream no longer: The International Monetary Fund is currently sitting on 90.5 million ounces of the metal.
No govt funds for Football Association of Thailand debt repayments
News, Post Reporters, Published on 13/03/2025
» The Ministry of Tourism and Sports cannot provide the cash-strapped Football Association of Thailand (FAT) with any financial assistance for the purpose of repaying its debts, even though the ministry sympathises with the association, Tourism and Sports Minister Sorawong Thienthong said on Wednesday.
Woman rescued from coils of large python
News, Online Reporters, Published on 18/09/2024
» An exhausted woman was freed from the coils of a large snake that had been wrapped around her body for almost two hours, at her house in Samut Prakan on Tuesday night.
Major creditors support Italian-Thai Development
News, Somruedi Banchongduang, Published on 18/04/2024
» Major creditors have agreed to infuse fresh liquidity into cash-strapped Italian-Thai Development (ITD) Plc, to support the company's business operations without requiring a rehabilitation plan.
Union urges bank to come clean over digital wallet financing role
News, Onnucha Hutasingh and Panumate Tanraksa, Published on 14/04/2024
» The labour union of the state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) on Saturday called on the government to allay concerns among bank customers over its plan to borrow 172.3 billion baht from the bank to partially finance the digital wallet handout scheme.
3.2% GDP growth 'pie in the sky'
News, Chartchai Parasuk, Published on 11/01/2024
» This year must be my lucky year. One of the key points of this article is to underline the risk of financial crisis compared to 1997. But this time it would not come from bank failures, it would come from defaults on corporate bonds and commercial papers. The reasons are the low cash position of corporates from many years of weak economic performance and, most importantly, today's super-tight domestic liquidity to refinance matured bonds and papers. I am a little wary that readers may scorn such a bold opinion. However, out of the blue, my opinion was proven correct on Monday when Italian-Thai Development (ITD) announced the postponement of payments on its bonds due in 2024 to 2026 with a total value of 14.45 billion baht for two years.
Debtors snub government's aid with debt
News, Mongkol Bangprapa, Prasit Tangprasert & Chakkrapan Natanri, Published on 02/12/2023
» The government's nationwide initiative for debtors needing help to settle debts with their non-bank creditors received a lukewarm response on Friday as many appeared reluctant to sign up for assistance on the first day of registration.
HK's billionaire debt kings are losing their mojo
News, Shuli Ren, Published on 27/09/2023
» The tide is turning for Hong Kong's tycoon families. All of a sudden, the younger generation has to work a lot harder to convince banks and investors that their money is safe, and their pet projects are savvy.
PM backs push for bi-monthly salary
News, Wassana Nanuam, Published on 15/09/2023
» Prime Minister Srettha Thavisin insisted yesterday that a cabinet resolution allowing the monthly salary payment for civil servants to be split into two instalments is an additional option for those who might prefer it over the regular once-a-month payment.