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SME Bank expects to commence loan release for informal debts in March

BANGKOK, 24 February 2010 (NNT) – Small and Medium Enterprise Development Bank of Thailand (SME Bank) voices its readiness in managing the informal debt problem, expecting to start releasing credits…

SCB forecasts economic slowdown in late 2010

BANGKOK, 23 February 2010 (NNT) – Siam Commercial Bank (SCB) has forecast a slowing of GDP growth in the latter half of the year saying that current global economic recovery…

Finance Minister satisfied with GDP growth figure

BANGKOK, 22 February 2010 (NNT) – Finance Minister, Korn Chatikavanij, expressed his satisfaction over the country’s economic and export expansion as reported by the National Economic and Social Development Board…

BoT governor: Politics undermines economy

BANGKOK, 21 February 2010 (NNT) – Bank of Thailand (BoT) Governor, Dr Tarisa Watanagase, has indicated that political instability and frequent political protests are major factors hindering the economic growth…

FED’s interest elevation has no impact on Thailand

BANGKOK, 19 February 2010 (NNT) – The recent increase of 0.25% in the US Federal Reserve (FED)’s interest rate has no impact on the Thai interest policy, according to the…

4 banks to give privileges for customers to buy houses

BANGKOK, 17 February 2010 (NNT) – Four commercial banks namely Krung Thai, Government Savings Bank, Siam City Bank and CIMB Thai Bank join hands with Property Perfect Co., Ltd to…

Finance minister urges all parties to end any resort to violence

BANGKOK, Feb 16 (TNA) – Finance Minister Korn Chatikavanij on Monday called on all parties involved in the recent spate of violence to end such activities, warning that the economy…

Thai stock mkt likely to swing in narrow range this week

BANGKOK, 15 February 2010 (NNT) – Thai stock market from 15 to 19 February is likely to swing in a narrow range. The main factor of such movement roots from…

SME Bank provides loans for Thai gems and jewelry industry

BANGKOK, 13 February 2010 (NNT) – The SME Bank has launched a project to lend to the gems and jewelry industry in hopes to stimulate sales. Deputy Managing Director of…

BOT to remain vigilant despite signs of economic recovery

BANGKOK, 11 February 2010 (NNT) — December 2009 figures have indicated positive signs for the Thai economy with growth in domestic consumption, export, production, tourism and the property sector but…