Showing 1 - 10 of 34
Equities pause as market takes stock of Covid cases
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 26/11/2022
» RECAP: Asian equities fell yesterday in subdued activity after the Thanksgiving holiday in the US. Chinese shares led declines as investors weighed recent gains against an upswing in Covid-19 infections, which reached a new single-day high above 30,000 infections.
Italthai preps recapitalisation plan for Thai hotels
Business, Narumon Kasemsuk, Published on 01/04/2021
» Italthai Group is preparing a recapitalisation plan for its hotel business in Thailand to stem the impact of the pandemic because a full recovery is not expected for five years.
BoT orders stress tests from banks
Business, Somruedi Banchongduang and Wichit Chantanusornsiri, Published on 23/06/2020
» The Bank of Thailand is requiring commercial banks to run a new round of stress tests that takes the pandemic's impact into account and report the results next month, while strengthening capital buffers will be discussed in case the outcome shows capital adequacy ratios (CAR) are below 11.5%.
THAI loan queries rebuffed by ministry
Business, Wichit Chantanusornsiri, Published on 27/04/2020
» The Finance Ministry has dismissed financially ailing Thai Airways International's hopes for a loan guarantee, saying the assistance would breach loan guarantee requirements for state enterprises because THAI has recorded net losses for three years in a row.
Tourism lifeline in pipeline
Business, Wichit Chantanusornsiri, Published on 15/02/2020
» The government is ready to throw a lifeline, including soft loans, tax incentives and training in return for income, to tourism operators ravaged by the coronavirus outbreak, says Deputy Prime Minister Somkid Jatusripitak.
BAAC goes to cabinet for capital
Business, Chatrudee Theparat, Published on 20/01/2020
» A proposal by the Bank for Agriculture and Agricultural Cooperatives (BAAC) to raise registered capital by 6 billion baht this year is scheduled to go before the cabinet on Tuesday.
Turnaround artist embraces new challenge
Business, Oranan Paweewun & Wichit Chantanusornsiri, Published on 04/01/2020
» As the youngest chief of the Government Pension Fund (GPF) with assets under management of nearly 1 trillion baht and the man who led the turnaround of Islamic Bank of Thailand (IBank), Vitai Ratanakorn has already made his mark. But he has an even more ambitious goal to navigate change in organisations where he works for.
Thai banking trio set to recapitalise Lao branches
Business, Somruedi Banchongduang, Published on 11/11/2019
» Three large Thai banks are recapitalising their branches in Laos to comply with the Bank of the Lao PDR's amended capital regulations for both local and foreign commercial banks to meet minimum requirements over the course of five years.
TMB-TBank post-merger executive positions shaping up
Business, Somruedi Banchongduang, Published on 24/09/2019
» Piti Tanthakasem, chief executive of TMB Bank, has been tipped to take over the reins at the merged TMB-Thanachart Bank, while TBank president Praphan Anupongongarch will be president at the bank.
CIMBT touts growth supported by Asean network
Business, Somruedi Banchongduang, Published on 19/09/2019
» CIMB Bank Thai (CIMBT) expects to maintain double-digit growth for corporate loans this year based on an extensive Asean network and deeper integration in the region.