Ttb rules out sale of bad debts
Ttb rules out sale of bad debtsMr Piti says auction prices of bad debts offered by asset management companies have declined from last year. Despite a higher level of non-performing loans (NPLs) in the industry, TMBThanachart Bank (ttb) has no plans to sell its bad debts this year as potential buyers are offering relatively low prices. Given the increase in NPL supply across the banking industry as the economy slowly recovers, auction prices of bad debts offered by asset management companies (AMCs) have declined from last year. Last year, the country's sixth-largest lender by total assets sold bad debts (both NPLs and non-performing assets) amounting to 6-7 billion baht. This year ttb plans to manage bad debt independently and does not intend to establish a joint venture AMC to address the issue.
Source:Bangkok Post
March 06, 2024 11:19 UTC
Carving memories
Childhood is the most memorable time for many people and this is what three artists, Chanathip Chuenbumroong, Napol Isaracheewa and Toon Kaewkerd, turned to find inspiration to create wood carvings displayed at the exhibition "…With A Time Capsule".
Source:Bangkok Post
March 06, 2024 10:53 UTC
Philippines blames China's coast guard for collision
The Philippines on Tuesday (March 5) accused China's coast guard of carrying out "dangerous manoeuvres" that led to a collision between its coast guard ship and a Chinese vessel during a resupply mission for Philippine troops in the South China Sea.
Source:Bangkok Post
March 06, 2024 08:24 UTC
Director Net's journey to prize-winning music videos
Award-winning music video director Supanut Sewaga, known as Director Net, discusses his professional journey, first entering competitions and finally working with famous local artists, emphasising that success requires commitment.
Source:Bangkok Post
March 06, 2024 04:36 UTC
Securities and Exchange Commission unveils new IPO regulations
Securities and Exchange Commission unveils new IPO regulationsThe Securities and Exchange Commission (SEC) has announced new criteria for companies wanting to raise funds through an initial public offering (IPO), requiring the names of 40 major share allocators to be disclosed at least two days before shares start trading on the bourse. Under the updated requirement, companies have to disclose the information about those receiving the IPO shares and shareholders after the IPO, including the number of shares that are prohibited from selling under the lock-up requirement, the regulator said in a statement. Such information must be reported two business days before the first trading day of those IPO shares or within 30 days from the IPO's closing date, whichever day is due first, it added. It applies to companies that submit effective securities offering registration forms after the effective date, noted the statement. The proportion of program trading since the first day of trading until March 1 had not changed significantly.
Source:Bangkok Post
March 05, 2024 15:31 UTC
Malaysia pushes for new MH370 search, 10 years on
Malaysia is pushing for a renewed search for Malaysia Airlines Flight MH370, the transport minister said on Sunday, as the 10th anniversary of its disappearance in one of the world's greatest aviation mysteries approaches.
Source:Bangkok Post
March 05, 2024 12:56 UTC
One in five Mekong river fish face extinction: report
Unsustainable development threatens the diverse fish populations of the Mekong river, with one-fifth of fish species facing extinction, a new report by conservation groups said. But some scientists say it's "not too late" for countries in the delta to reverse the adverse impacts.
Source:Bangkok Post
March 05, 2024 12:38 UTC
Galapagos volcano erupts on uninhabited island
Ecuador's La Cumbre volcano, part of the Galapagos archipelago, has started to erupt, the government of the South American country reported on Sunday (March 3). There was no immediate danger posed because the island where the volcano is located is uninhabited, the environment ministry confirmed.
Source:Bangkok Post
March 05, 2024 12:38 UTC
Thai, Filipino transvestites clash in Sukhumvit
Thai, Filipino transvestites clash in SukhumvitTransvestites brawl on Soi Sukhumvit 11 in Wattana district on Monday night. (Screenshot from บอลลูน บอลลูน Facebook account)Police broke up a developing brawl between Thai and Filipino transvestites on Soi Sukhumvit 11 late on Monday night. Police were rushed to the scene after a report that about 20 Filipino transvestites had attacked two Thai transvestites. Later Thai transvestites were mobilised via social media to gather at the scene to respond to the attack. A strong police presence on Soi Sukhumvit 11 prevented any further clashes.
Source:Bangkok Post
March 05, 2024 12:03 UTC
Taylor Swift deal is 'not hostile' says Singapore PM
Singapore Prime Minister Lee Hsien Loong said on Tuesday (March 5) an incentive provided to Taylor Swift to make Singapore the only stop in Southeast Asia on her world tour was not a hostile act towards its neighbours.
Source:Bangkok Post
March 05, 2024 06:51 UTC
THAI to fly to Perth, Colombo and Kerala
THAI to fly to Perth, Colombo and KeralaThai Airways International (THAI) will begin services to Perth in Western Australia and to Colombo in Sri Lanka on March 31, and to Cochin airport, which serves Kochi city in Kerala, southwestern India, on April 2. Chief commercial officer Korakot Chatasingha said on Monday that the service from Bangkok to Perth would be daily. On the Bangkok-Perth route the airline will use a Boeing 787-8 Dreamliner, with 22 Royal Silk Class seats. The new service to Colombo will also be daily, using an Airbus 320-200 with 12 Economy Plus seats. The airline will use an Airbus 320-200 with 174 Economy Class seats on he Kochi route.
Source:Bangkok Post
March 04, 2024 11:13 UTC
Minister set to appeal for new helicopters
Prime Minister Srettha Thavisin, left, greets Interior Minister Anutin Charnvirakul at Government House on Sunday. (Photo: Apichart Jinakul)Interior Minister Anutin Charnvirakul on Sunday said he would appeal a House sub-committee decision to reject a funding request for a new Russian-made helicopter for the ministry's Department of Disaster Prevention and Mitigation (DDPM). The sub-committee vetting the 2024 fiscal budget bill on Thursday rejected the ministry's request for 950 million baht in funds for a helicopter procurement project. Mr Anutin, who also serves as deputy prime minister, said the DDPM needs two more helicopters and the first purchase should come from the 2024 fiscal budget. Currently, the DDPM only has four helicopters, which are not enough to fight wildfires and haze pollution and conduct rescue operations, he said.
Source:Bangkok Post
March 04, 2024 10:55 UTC
Thaksin most influential politician, Pita most worthy of sympathy: poll
Thaksin most influential politician, Pita most worthy of sympathy: pollThaksin Shinawatra (Bangkok Post file photo)A majority of people think that convicted ex-premier Thaksin Shinawatra is the most influential political figure and Pita Limjaroenrat, former leader of the Move Forward Party, politician most deserving of people's sympathy, an opinion poll has found. The National Institute of Development Administration poll, or Nida Poll, asked 1,310 respondents nationwide on Feb 27-29 to choose three individuals whom they regard as "influential political figures". Prodigal former prime minister Thaksin Shinawatra was rated almost twice as influential as current premier Srettha Thavisin. When asked to name the three people in Thai politics most deserving of sympathy, the election-winning Pita Limjaroenrat, whose premiership was blocked by the junta-appointed Senate, scored almost half of the vote – and more than twice as much as the next choice, "Nobody". The complete tally of answers was as follows:- Pita Limjaroenrat 46.79%- Nobody 17.86%- Thanathorn Juangroongruangkit 11.45%- Prime Minister Srettha Thavisin 10.46%- Former prime minister Prayut Chan-o-cha 8.55%- Former premier Thaksin Shinawatra 8.09%- Pheu Thai Party leader Paetongtarn Shinawatra 1.91%- Move Forward leader Chaithawat Tulathon 1.37%- Palang Pracharath leader Gen Prawit Wongsuwon 1.22%- Others 2.98%- Don't know/not interested 6.34%.
Source:Bangkok Post
March 03, 2024 18:04 UTC
CVS, Walgreens start offering abortion pills this month
CVS and Walgreens, the two largest U.S. pharmacy chains, will start selling abortion pill mifepristone at stores in several states this month, drawing praise from President Joe Biden who has made access to abortion a key election campaign issue.
Source:Bangkok Post
March 03, 2024 03:55 UTC