Connect with us

Business

Thai banks enjoy higher net profits in third quarter of this year

All domestic commercial banks in Thailand excepting Siam City Bank enjoyed combined net profits in the third quarter of this year of Bt22.9 billion, up Bt1.14 billion or 5.25 pe…

Avatar

Published

on

All domestic commercial banks in Thailand excepting Siam City Bank enjoyed combined net profits in the third quarter of this year of Bt22.9 billion, up Bt1.14 billion or 5.25 pe…

See the rest here:
Thai banks enjoy higher net profits in Q3

CashGold

Thai banks enjoy higher net profits in Q3

External stability in Thailand was upheld by high international reserves, while trade and current account were close to balance. Regarding internal stability, inflation rose from last year in line with higher oil prices, despite a downward trend during the second half of the year. Unemployment rate remained low in Thailand in 2008 but employment started to deteriorate in the forth quarter, particularly in the production sector affected by economic slowdown.

Comments

Business

Thailand’s automotive sector expected to produce 1.4m cars this year

This increase in output is a result of the recovery of domestic and export markets, with the annual output for 2021 expected to be around 1.4 million.

National News Bureau of Thailand

Published

on

Thailand Automotive Institute (TAI) anticipates the overall output from Thailand’s automotive sector this year to be around 1.4 million cars. They are, however, still cautious over automobile exports until at least March this year, due to the resurgence of COVID-19 cases around the world.

(more…)
Continue Reading

Banking

Can Fintech drive a strong post-COVID-19 recovery in Asia?

The pandemic has highlighted the power of digital technology. Now is the time to harness this power for inclusive growth so that communities, especially in poor and remote areas, can survive the crisis and thrive.

Asian Development Bank

Published

on

To say 2020 has been a challenging year is a massive understatement. The COVID-19 pandemic has quickly undermined development gains from recent decades and slowed growth in many Asian economies.

(more…)
Continue Reading

Business

Asia’s supply chains to be tested by COVID-19 vaccine delivery

The global logistics company DHL estimates that global vaccine coverage will take around 200,000 pallet shipments and 15 million deliveries in cooling boxes as well as 15,000 flights.

Asian Development Bank

Published

on

The enormous logistical challenge of vaccine distribution will be aided by trade and supply chain finance guarantees.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,632 other subscribers

Trending