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Search Result for “savings bonds”

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THAILAND

Covid crisis compounds new school-term woes

News, Post Reporters, Published on 02/07/2020

» The first day of school on Wednesday was not a happy time for every child and parent, some of whom had to borrow, beg or even steal so they could send their offspring to class in a uniform like everyone else.

BUSINESS

GSB raises bad loan provisions by B50bn

Business, Wichit Chantanusornsiri, Published on 02/07/2020

» Government Savings Bank (GSB) aims to set aside an additional 50 billion baht in provisions against a potential increase in bad loans after the debt relief measures end, says new president and chief executive Vitai Ratanakorn.

BUSINESS

Savings accounts surge 14%

Business, Darana Chudasri, Published on 02/07/2020

» Banks' outstanding balance in savings accounts at the end of June jumped 14% from the end of last year, showing money continued to pour into bank deposits as they are perceived a safe haven amid economic uncertainties caused by the pandemic, despite the rock-bottom interest rates.

OPINION

The economy is sick and pills won't do

Oped, Chartchai Parasuk, Published on 02/07/2020

» Picture this: Your name is "Mr Thai Economy", and you have contracted the coronavirus in late January. After a close examination in March, doctors (the Bank of Thailand) said your health is of deep concern as GDP growth could go as low as -5.3%.