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Higher NPL cap rejected
Business, Wichit Chantanusornsiri, Published on 09/06/2015
» A request by the Thai Bankers' Association (TBA) to raise the cap for bad-loan coverage under the portfolio guarantee scheme (PGS) of the state-owned Thai Credit Guarantee Corporation (TCG) to 30% is "too much", says Finance Minister Sommai Phasee.
Foreigners eye stake in ailing IBank
Business, Wichit Chantanusornsiri, Published on 09/06/2015
» Several Asian financial houses including some from the Middle East are keen to take a sizeable stake in the financially troubled Islamic Bank of Thailand (IBank).
Mor Chit contract gets rejig
Business, Wichit Chantanusornsiri, Published on 09/06/2015
» The Treasury Department has moved forward the development of its expensive former Mor Chit bus station land plot by allowing a private firm, Bangkok Terminal Co, to resume investment under a new contract, says the director-general.