Markets
Foreign Entities in Thailand to Issue Baht denominated Bonds
Mr. Chakkrit Parapuntakul, Director – General of Public Debt Management Office, has announced that the Minister of Finance approved the amendment of the application period and guidelines to evaluate the applications to issue Baht-denominated bonds or debentures in Thailand to enhance the efficiency and increase flexibility of the approval process.

Mr. Chakkrit Parapuntakul, Director – General of Public Debt Management Office, has announced that the Minister of Finance approved the amendment of the application period and guidelines to evaluate the applications to issue Baht-denominated bonds or debentures in Thailand to enhance the efficiency and increase flexibility of the approval process.
Submission period shall take place four times a year, during the month of February, May, August, and November.
After having carefully considered about the impacts on Thai corporate bonds issuance, the opportunity for domestic investors to invest in a quality bond and the development of Baht denominated bonds market, the Minister of Finance has permitted 10 foreign entities to issue Bahtdenominated bonds or debentures in Thailand within June 30th, 2011. The list of the permitted entities and the issue amount is as follows:
- 1. BNP PARIBAS (BNPP), amount 10,000 million Baht
- 2. Commonwealth Bank of Australia (CBA), amount 8,000 million Baht
- 3. Citigroup Inc. (Citigroup), amount 10,000 million Baht
- 4. Deutsche Bank Aktiengesellschaft (DB), amount 6,000 million Baht
- 5. Industrial Bank of Korea (IBK), amount 5,000 million Baht
- 6. International Bank for Reconstruction and Development (IBRD),
- amount 5,000 million Baht
- 7. Kommunalbanken AS (KBN), amount 4,000 million Baht
- 8. Korea Development Bank (KDB), amount 8,000 million Baht
- 9. Swedish Export Credit Corporation (SEK), amount 5,000 million Baht
- 10. Westpac Banking Corporation (Westpac), amount 6,000 million Baht
The Ministry of Finance, thereby, reserves the right to restrain Baht-denominated bonds or debentures issuance if there appears to be significant changes to the financial status or structure of the permitted entities, or where the economy undergoes any significant changes.
The Ministry of Finance would like to take this opportunity to express our sincere appreciation to all applicants for their interest to issue Baht-denominated bonds in Thai bond market. The applicant who wish to apply for the next submission period can send a renewal letter in February 2011.
Forex
Leverage from Forex Brokers & How Beginners Can Benefit from It
In this post, we will tell you what to look for when choosing a broker in order not to fall into a financial trap and how to benefit from dealing with such companies.

Recent statistics show that the number of people willing to invest in the stock market is steadily growing from year to year.
(more…)Forex
How to Trade the EUR/USD Currency Pair: Professional Tips
The behaviour of the EUR/USD pair is a kind of indicator showing the comparative condition of the US and EU economies. If the US economy steadily grows, and problems arise in the EU, the EUR/USD decreases.

EUR/USD is one of the most popular currency pairs for Forex trading. Since the beginning of trading in 1999, the currency pair has undergone significant changes. For the first two years, the future for the euro was uncertain and the quotation was declining, reaching a minimum of 0.8200.
(more…)Markets
Thailand remains ASEAN’s largest Exporter of Vegetables
Currently, the kingdom has FTA agreements with 17 countries, 13 of which no longer levy import duties on Thai vegetables, including China, Hong Kong, Australia, New Zealand, Japan, Chile, Peru and 6 countries in ASEAN.

-
Forex5 days ago
Leverage from Forex Brokers & How Beginners Can Benefit from It
-
National2 days ago
Human trafficking cases in Thailand hit decade low due to COVID-19
-
Economics2 days ago
Thai economy to grow 4% in 2021 following 6.5% decline in 2020
-
Banking4 days ago
Can Fintech drive a strong post-COVID-19 recovery in Asia?