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.
Growth momentum encourages Foreign banks operating in Thailand
Foreign banks operating in Thailand reiterated their readiness to increase lending in an effort to help maintain the country’s economic growth momentum.Thai banks provide a wide range of services throughout the country. Most foreign banks are represented, however, at this stage they offer limited services to the individual consume