Wiwan Tharahirunchote, president of One Asset Management, said the fund was aiming to use 50% of its funds to set up joint ventures with medium-sized enterprises that had the potential to be publicly listed on the Market for Alternatives (MAI).
Siam General Factoring reported a net loss of 192.51m bt for Quarter 3, 2003, compared to a net profit of 10.43m bt for Q3, 2002.
Siam General Factoring has reported that Kenneth Wong Chee Hoong had resigned as a director.
Source: Bangkok Post
Driven by the government effort to promote new entrepreneurs and the continued growth of the economy, small- and medium-sized enterprises (SMEs) are projected to obtain credit lines of about 500 billion baht next year from local commercial banks t
Small and medium-sized auto parts makers in Thailand need to improve their quality control as the country builds up its base as aglobal automotive centre, according to a Yokohama-based SME agency.
A veteran of nearly 30 years in financial markets and former chief of three commercial banks, Somchai Sakulsurarat is too happy with his current pursuits to return to the banking industry.
According to Chanin Yensudchai, managing director of Paolo Medic, operator of the Paolo Memorial Hospital, unlisted Paolo Medic is about to acquire a stake of between 43.4% and 47.6% of the listed finance firm, Siam General Factoring Plc (SGF), an
Industrial sentiment hit an all-time high in August thanks to rising orders from both domestic and foreign buyers and the stock market rally.
The Small and Medium Enterprises Development Bank of Thailand (SME Bank) has formed an alliance with Toronto-based Nova Scotia Bank to serve small- and medium-sized enterprises (SMEs) through two new packages worth 3.5 billion baht.
The Export-Import Bank of Thailand has introduced new medium- and long-term export insurance covering risks for transactions over 180 days.
The two types of cover, to be launched next month, are:
