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Search Result for “african development bank”

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BUSINESS

GH Bank rolls out B4bn mortgage scheme for elderly

Business, Wichit Chantanusornsiri, Published on 18/04/2026

» Government Housing (GH) Bank is moving forward with its housing loan programme for senior citizens, covering both elderly people who wish to buy a home and those who wish to sell their own homes, with total lending of 4 billion baht.

BUSINESS

Thailand banks on EU trade deal

Business, Somhatai Mosika, Published on 18/04/2026

» The international trade landscape is changing rapidly, with more barriers and the waning influence of certain established international organisations. In response, countries are reducing their reliance on multilateral systems and strengthening economic stability through bilateral and regional free-trade agreements (FTAs).

BUSINESS

Enconfund revs up energy projects

Business, Yuthana Praiwan, Published on 18/04/2026

» The Energy Conservation and Promotion Fund Office (Enconfund) is stepping up efforts to help energy projects move beyond the research stage and reach commercial viability, including an initiative to replace diesel with waste-derived oil.

BUSINESS

SCB X focuses on tech as conflict drives up costs

Business, Somruedi Banchongduang, Published on 18/04/2026

» SCB X, the financial technology group and holding company of Siam Commercial Bank (SCB), has locked in low-cost technology investments ahead of a broader rise in expenses driven by the ongoing conflict in the Middle East.

BUSINESS

New rules to boost data centre power

Business, Yuthana Praiwan, Published on 17/04/2026

» The Energy Regulatory Commission (ERC) has finished drafting requirements for investors in data centres and other electricity-intensive businesses, mandating bank guarantees or collateral to secure power purchases.

BUSINESS

Fuel crisis upends state's fiscal plans

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.

BUSINESS

K-Research foresees stagflation risk in H2

Business, Nareerat Wiriyapong, Published on 17/04/2026

» Thailand is expected to enter a state of stagflation late in the second quarter and the beginning of the third quarter of this year as businesses begin material restocking while oil prices remain high amid ongoing conflicts in the Middle East, according to Kasikorn Research Centre (K-Research).

BUSINESS

Fertiliser supply set to last until May

Business, Kuakul Mornkum, Published on 17/04/2026

» The Commerce Minister says the current fertiliser supply is expected to last until May, and at present no producers have requested approval to increase prices.

BUSINESS

Fresh digital plan to fortify Thailand

Business, Komsan Tortermvasana, Published on 17/04/2026

» The Ministry of Digital Economy and Society (DES) has overhauled its strategy, aiming to position itself as the nation's centralised digital connectivity hub to strengthen Thailand against global uncertainties, cyberthreats and natural disasters, while ensuring transparent welfare distribution.

BUSINESS

Gulf opts to maintain KBank shareholding at 10% cap

Business, Somruedi Banchongduang, Published on 17/04/2026

» Gulf Development Plc has no plans to increase its shareholding in Kasikornbank (KBank) beyond 10%, partly due to additional regulatory requirements.