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Thailand

Thailand’s SMEs share resources, target increased competitiveness

A group of small- and medium-sized enterprises (SMEs) has formed an alliance to pool resources and share strengths in order to improve their business competitiveness. Operators of 63 SMEs have all completed training sessions in the Manufacturing Development To Improve...

Factoring turnover reaches Bt120bn in 2003

The factoring industry is neither registered nor regulated in Thailand. Nevertheless, the industry has been flourishing for at least a…

#bank#exporters#interest rates


Fundamentals for lending to SMEs

As a whole, SMEs have limited assets and inadequate collateral; their financial accounting is poor; they are often family-run, and…


Siam General Factoring Plc's buys expertise in merger

Siam General Factoring Plc's purchase of Global Thai Finance will bring financial expertise to the former and a backdoor listing…


SMEs lack knowledge of intellectual property rules

Many local businesses and institutions are not in a position to benefit from intellectual property (IP) because of their lack…


Stake in Siam City Factoring sold

Siam City Bank has sold a 48.16 per cent stake (8,668,800 shares) held in Siam City Factoring at 0.35 bt…

#3M#bank


Bank of Asia on negative watch

Fitch Ratings, the international ratings agency, has placed Bank of Asia’s long-term and short-term debt on negative watch following news…


The future of Thai banking

Finance companies have until mid-year to submit plans on whether they will upgrade to a full-service or retail banking licence…

#bank#financial services#management


Global Thai, Siam General set to merge

Siam General Factoring Plc is to merge with Global Thai Finance Co through a 100-per-cent share swap in a move…


Plant builder helps arrange SME loan packages

JCM Engineering Concept Co, a factory construction company, has set up an arrangement with banks to finance the building of…


SME Bank restructures after fraud

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) has entered into a major organisational restructuring process after…

#bank#debt collection#economy


Trading firm ventures with SMEs sought

The Siam Cement Group has expressed interest in a government initiative to establish trading companies to help promote small- and…

#interest#investment#smes

SME Bank expects loans to jump 28.5%

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) predicts its credit line will jump 28.5% to 36…

#bank#economy#financial institution

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