Finance

Foreign Investors Nervous

Thu, 21 Jan 2010 21:40:00 -0500

BoT Urges Fast Solution to Map Ta Phut Case

Thai Central Bank Keeps Interest Rate at 1.25% to Stimulate Economic Recovery

Thu, 21 Jan 2010 21:15:00 -0500

The Bank of Thailand (BoT) maintained the policy interest rate at 1.25 per cent annually to favour economic recovery.

New Small Business Credit Guarantee Corporation

Wed, 06 Jan 2010 21:41:00 -0500

More assistance will be available for “Small Business Enterprises,” with the formation of a new Thai Government agency named the Small Business Credit Guarantee Corporation (SBCG).

Pattaya Chosen to Hold The 10th Money Expo

Wed, 06 Jan 2010 21:41:00 -0500

The 10th Money Expo will be once again held in Pattaya with the concept ‘The Road to Wealth’. The event will be held across the four regions of Thailand with Pattaya being the first location.

Securities Companies Association Concerned By 'No Commission' Offer

Wed, 06 Jan 2010 21:41:00 -0500

Executive directors of Thailand’s Association of Securities Companies will meet early this year to discuss impacts of the move by two securities firms to collect no commission on the excess to a trading amount of Bt20 million, according to an industry executive.

Money Expo Pattaya 2009

Mon, 21 Dec 2009 19:30:00 -0500

Due in part to the valiant efforts of Pattaya’s progressive mayor, 19 billion baht in deposits, loans, insurance contracts and other investments were generated in Pattaya in just three days. Pattaya has now joined the circuit for Money Expo 2009 in February.

New Siam Commercial Bank Branch at Tesco Lotus, North Pattaya

Fri, 06 Nov 2009 20:00:00 -0500

Siam Commercial Bank has opened a new branch at the Tesco Lotus on North Pattaya Road.

Thailand's GDP likely to grow 2.5-3.5% next year, says BAY

Fri, 06 Nov 2009 20:00:00 -0500

BANGKOK, - Thailand’s gross domestic product (GDP) will likely grow some 2.5-3.5 per cent or 3 per cent on average next year, boosted by the global economic recovery, according to a top banker.

Internet Banking for Foreign Currency Deposit Account Holders at Bangkok Bank

Fri, 23 Oct 2009 20:00:00 -0400

Bangkok Bank is now offering Internet banking for its foreign currency deposit (FCD) account holders. They’re the first and only bank to offer this 24 hour service.

Young Financial Stars Discovered

Fri, 23 Oct 2009 20:00:00 -0400

The Stock Exchange of Thailand (SET) has teamed up with Muang Thai Life Assurance Co., Ltd., PTT PCL and KBANK PCL to hold the Young Financial Star Competition 2009 (YFS 2009). This competition tests the ability of students to analyze securities and manage personal finance in hoping to discover new securities professionals to be employed in the capital market.

Loans forecasted to increase in third quarter

Tue, 06 Oct 2009 20:00:00 -0400

The Bank of Thailand (BoT) recently revealed and predicted that Thai business loans would be increased marginally in the third quarter of this year mainly because small and medium-size enterprises have begun to benefit from the government’s stimulus packages.

Trade Finance to be a focus of KBank

Thu, 06 Aug 2009 20:14:00 -0400

A Thailand leading commercial bank, K is aiming for 36% growth rate in its international trade business this year.

Ailing Thai tourism firms boosted by government

Thu, 06 Aug 2009 20:08:00 -0400

A scheme to help boost small tourism operators has been given the green light by the Thai Cabinet.

Thai banks impacted by A (H1N1) virus

Wed, 15 Jul 2009 20:30:00 -0400

Bank of Thailand (BoT) executive management has recently discussed the impact toward Thai economy after a new deadly virus A (H1N1) hard hit Thailand. The discussion meeting was held on Wednesday, July 12.

30 billion baht bond issued

Wed, 15 Jul 2009 20:30:00 -0400

The first batch of government savings bonds for older Thais has been lifted up from 15 billion baht to 30 billion baht because of the heavy demand of old Thais forward to an alternative money saving option provided by Thai government. Therefore, the government need to reach the demand by lifting up a bond value, said Korn Chatikavanij, a minister of finance.

Financial packages provided by Pattaya commercial banks

Wed, 15 Jul 2009 20:30:00 -0400

Many commercial banks in Pattaya are now trying to boost up and reactivate investment by providing several financial packages.

Krung Thai Bank expects to meet 2009 loan

Tue, 30 Jun 2009 20:30:00 -0400

Krung Thai Bank (KTB), Thailand's second-largest lender, said on Thursday that its 2009 loan growth target of 5 percent was achievable and reported strong lending in the first five months.

Kasikorn Bank distributes Public Saving Bonds worth 50 billion Baht

Tue, 30 Jun 2009 20:30:00 -0400