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Thai PM Calls on Banks to Inject Liquidity as Government Seeks 'Quick Big Win' Economic Recovery
MONDAY, SEPTEMBER 22, 2025
Banking sector urged to ease credit access for SMEs whilst addressing household debt crisis and strengthening baht concerns
M&A deal signing hits 20 year-low after Trump's 'Liberation Day'
WEDNESDAY, MAY 07, 2025
Bankers and CEOs hit the brakes on mergers and acquisitions after US President Donald Trump launched a global trade war on April 2, with fewer deals getting signed than during the bleakest days of the Covid-19 pandemic and the 2008-2009 global financial crisis.
South Korea’s medical feud leaves hospitals in financial crisis
TUESDAY, MAY 07, 2024
Some hospitals encourage voluntary retirements among staff, excluding doctors.
Govt mulls transfer of debt from 1997 financial crisis to BOT
MONDAY, MAY 06, 2024
Over the past 8 months as Prime Minister, Srettha Thavisin has held differing views from the Bank of Thailand (BOT) on various issues. These differences include the digital wallet initiative and the perceived independence of the BOT, which the government sees as a hindrance in addressing economic issues.
Will Kakao Bank secure footing in untapped Thai market?
WEDNESDAY, MARCH 20, 2024
Thailand has been an untapped market for South Korean financial firms since their exodus in the late 1990s. Kakao Bank, the nation’s top online-only bank, now aims to expand into Thailand's growing digital banking sector.
Evergrande downfall unlikely to result in global financial crisis, says analyst
FRIDAY, SEPTEMBER 29, 2023
Even as embattled property developer Evergrande faces an unprecedented liquidity crisis, China’s current real estate woes are unlikely to result in a widespread global financial crisis like the one seen in 2008, one analyst told Reuters on Friday
Credit Suisse’s trouble could trigger new global financial crisis, Thai experts warn
THURSDAY, MARCH 16, 2023
Thai experts have warned financial institutions to brace for a possible global turmoil following a crisis of confidence involving troubled Swiss banking giant Credit Suisse.
Signature Bank shut down by New York regulators
MONDAY, MARCH 13, 2023
New York state's Department of Financial Services said on Sunday it has taken possession of New York-based Signature Bank and appointed the US Federal Deposit Insurance Corp as receiver, the second bank failure in a matter of days.
Sri Lankas president asks China for help amid its worst financial crisis
MONDAY, JANUARY 10, 2022
BANGALORE - Chinese Foreign Minister Wang Yi on Sunday (Jan 9) met Sri Lanka’s President Gotabaya Rajapaksa and his brother, Prime Minister Mahinda Rajapaksa, reaffirming bilateral ties before discussing tourism, investments and the fight against Covid-19.
Some 5 million Gen Y, Z employees staring at possible job losses
SUNDAY, JULY 05, 2020
Approximately 5 million Generation Y and Z employees face economic uncertainty as they risk being laid off because they do not have enough working experience, and their salaries were between Bt10,000 and Bt20,000, the University of the Thai Chamber of Commerce pointed out.