Showing 11 - 20 of 26
Predee quits finance post
News, Wichit Chantanusornsiri, Published on 02/09/2020
» Finance Minister Predee Daochai has resigned after only 26 days in the job in the wake of a reported conflict with his deputy over the appointment of the director-general of the Excise Department.
Panel submits probe results on THAI debt
News, Wichit Chantanusornsiri, Published on 02/09/2020
» The Transport Ministry on Tuesday submitted the findings of a probe into alleged irregularities involving Thai Airways International (THAI) to the Finance Ministry for further action.
SRT gets nod to seek B11.5bn loans
News, Post Reporters, Published on 02/09/2020
» The cabinet on Tuesday approved the State Railway of Thailand's (SRT) request to seek 11.5 billion baht in loans, plus an 800 million baht short-term overdraft, in the coming fiscal year, starting next month, to fix its liquidity problems.
Predee bombshell hits baht trading
Business, Pathom Sangwongwanich & Somruedi Banchongduang, Published on 02/09/2020
» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.
Budget funds requested for Akara case
Business, Lamonphet Apisitniran, Published on 02/09/2020
» The Industry Ministry says Thailand needs a budget to finance its legal fight with an Australian gold mining company after a House committee vetting the budget bill in fiscal 2021 slashed its 111-million-baht request.
Agency to vet short-term measures for rest of 2020
Business, Chatrudee Theparat, Published on 02/09/2020
» Fresh short-term measures to stimulate the economy in the remaining months of the year are set to go before the Centre for Economic Situation Administration for vetting on Wednesday.
BoT adds debt restructure option
Business, Somruedi Banchongduang, Published on 02/09/2020
» The Bank of Thailand is allowing unsecured loan borrowers to use collateral stemming from mortgage loans for debt restructuring through debt consolidation, with lower interest rates charged.
GSB debt moratorium renewed for 3 months
Business, Wichit Chantanusornsiri, Published on 02/09/2020
» Government Savings Bank (GSB) has extended its debt moratorium programme a further three months to help borrowers with their burden during the ongoing economic crisis.
TU, Seafood Alliance, Red Lobster management to acquire Red Lobster
Business, Post Reporters, Published on 02/09/2020
» Golden Gate Capital announced that it has agreed to sell its remaining equity stake in Red Lobster to a consortium comprised of existing Red Lobster investor TU, an investor group consisting of highly experienced global restaurateurs and hospitality industry executives, and Red Lobster management.
Big projects face costlier reinsurance
Business, Darana Chudasri, Published on 02/09/2020
» Large construction projects in Thailand are potentially at risk for higher reinsurance premiums as global premiums on big developments soar.