Istanbul: Last night’s UEFA Champions League match saw Galatasaray secure a 1-0 victory over Liverpool, with the Turkish league leaders hosting the English Premier League frontrunners. The solitary goal of the match came from a penalty converted by Vi…
Bangkok: The National Economic and Social Development Board (NESDB) president has confirmed that Thailand possesses a robust reserve fund. The NESDB chairman has also suggested the creation of a 3 trillion baht “Sovereign Wealth Fund” to boost returns and raise funds. According to Thai News Agency, Dr. Suphawit Saicheua, Chairman
Bangkok: The SME Bank has introduced a new initiative to support leasing and nano-finance groups by lifting the stipulation of loan guarantees for non-bank companies. In collaboration with the Thai Leasing Business Association, the bank is set to aid SMEs in acquiring pickup trucks for business purposes through the “Phi
Bangkok: The Minister of Energy has been pushing forward with green energy towards sustainability for the past four months. Energy Minister Atthapol Rerkpiboon outlined his four-month work policy to Parliament, stating his intention to proceed with projects in line with the Ministry of Finance’s “Quick Big Win” policy, advancing renewable
Bangkok: Gold prices are soaring in Thailand as the cost of gold bars has reached a new high. This morning, Thai gold prices escalated, with gold bars priced at 60,100 baht per baht weight, meaning that 100,000 baht can now purchase less than 2 baht of gold. According to Thai
Bangkok: Deputy Prime Minister and Finance Minister Ekniti is advancing the “Quick Big Win” initiative, a comprehensive five-point plan designed to address debt issues, eliminate investment bottlenecks, and stimulate economic growth in Thailand. The initiative aims to prevent the country’s economy from declining further, with a goal of exceeding 0.3%
Bangkok: Woraphat is making swift moves to tackle the significant challenge of over 13.55 trillion baht in non-performing loans (NPLs), with half of these loans being unsecured. The strategy involves negotiating with banks to transfer the debt to asset management companies (AMCs). This week, discussions are scheduled with the Ministry
Bangkok: The Bank of Thailand (BOT) is focused on upgrading technology and developing Thai payments, encouraging foreign tourists to exchange cryptocurrencies and spend baht domestically. Thais are proficient online, with 95 million PromptPay transfers per day. According to Thai News Agency, Ms. Darunee Saeju, Assistant Governor of the Bank of