Showing 81 - 90 of 1,731
CIMBT boss Adisorn to leave post in September
Business, Somruedi Banchongduang, Published on 19/06/2020
» CIMB Thai Bank (CIMBT) president and chief executive Adisorn Sermchaiwong is stepping down, effective Sept 15.
ADB predicts steeper GDP contraction
Business, Somruedi Banchongduang, Published on 19/06/2020
» The Thai economy is estimated to shrink by 6.5% this year, eroding from a 4.8% contraction seen previously, as the coronavirus pandemic takes a toll on domestic consumption and investment and pummels outbound merchandise and services, says the Asian Development Bank (ADB).
New relief package to sustain debtors
Business, Somruedi Banchongduang, Published on 19/06/2020
» The Bank of Thailand is to unveil a relief package today to help debtors ravaged by the coronavirus pandemic, as the three-month blanket debt holiday is expiring at the end of this month.
High-yield bond fund under study
Business, Somruedi Banchongduang, Published on 20/06/2020
» Policymakers are conducting a feasibility study to establish a high-yield bond fund to broaden investment opportunities for retail investors seeking higher returns amid rock-bottom interest rates.
SCB unveils nanofinance for low-income earners
Business, Somruedi Banchongduang, Published on 22/06/2020
» Siam Commercial Bank's (SCB) digital lending arm Monix has launched a nanofinance service for low-income earners, with a loan target of 300 million baht for the first year of operation.
Central bank tweaks B500bn soft loan scheme for SMEs
Business, Somruedi Banchongduang, Published on 24/06/2020
» The Bank of Thailand is fine-tuning the process of offering 500 billion baht in soft loans with an aim to provide virus-hit small and medium-sized enterprises (SMEs) with better access.
BoT forecasts record contraction
Business, Somruedi Banchongduang, Published on 25/06/2020
» The Bank of Thailand has reduced its economic outlook to a contraction of 8.1% this year, deeper than the 1997 financial crisis, but kept the policy rate on hold at 0.50%.
Hi-Way maintains 2020 branch expansion plan
Business, Somruedi Banchongduang, Published on 26/06/2020
» Tisco Financial Group's microfinance arm, Hi-Way Co, is maintaining its branch network expansion plan for this year, though its business target could be revised in light of the pandemic.
CIMBT set to reduce loan target
Business, Somruedi Banchongduang, Published on 27/06/2020
» CIMB Thai Bank (CIMBT) is poised to lower its lending growth target for this year to zero from 12% predicted earlier as the coronavirus crisis wreaks havoc on the economy.
New ordering platform from KBank subsidiary
Business, Somruedi Banchongduang, Published on 30/06/2020
» Kasikorn Business-Technology Group (KBTG), a tech firm under Kasikornbank (KBank), has launched Eatable, a complete online food ordering platform covering dining in, takeout and delivery.