SAM seeks partners for joint venture AMC

Published by
The Bangkok Post

Sukhumvit Asset Management (SAM) Co wants to join with banks to set up a joint venture asset management company (AMC) to buy non-performing loans (NPLs) in the banking industry. SAM, the country’s second largest AMC, has been in talks with both commercial banks and specialised financial institutions about a possible partnership to establish a joint venture AMC to manage bad debts in the banking sector, in line with the rising NPL trend. Distressed debts are expected to increase significantly in 2023 after the Bank of Thailand’s debt restructuring measures expire at the end of 2022, said SAM pr… Read more about SAM seeks partners for joint venture AMC

SRT unveils new city-friendly routes

Published by
The Bangkok Post

The State Railway of Thailand (SRT) has unveiled its new suburban railway routes to be used once Bang Sue Grand Station becomes Bangkok’s rail system hub replacing the 105-year-old Hua Lamphong station on Dec 23. After the closure of Hua Lamphong, the SRT will alter the final destination of northern and northeastern lines so they stop at Bang Sue Grand Station, while the eastern line will stop at Makkasan Station. Changes for the southern line have been postponed to next year. The plan follows a 20-year national strategy aimed at reducing level crossings in 27 locations in the capital to help … Read more about SRT unveils new city-friendly routes

Posted in: General

Bill tackling NCPO orders is delayed

Published by
The Bangkok Post

The first reading in the House of Representatives of a civic group-sponsored bill seeking to repeal 35 announcements and orders of the 2014 coup-makers was expected on Wednesday but has been postponed. However, its backers are optimistic the process will begin next week. Internet Law Reform Dialogue (iLaw) was told around midday by a member of staff at parliament that its bill would not be included in yesterday’s list of draft laws to be debated. The reason given was that the first reading would have to be deferred to a later time as there were other bills of higher priority. iLaw said it expe… Read more about Bill tackling NCPO orders is delayed

Posted in: General

The Doors of Perception: 2022

Published by
The Bangkok Post

George Orwell said, “To see what is in front of one’s door needs a constant struggle.” Business leaders must continually look beyond the door. What do they see now? Corporate annual reports are a good place to see how companies adapt to disruption. The narrative can be as entertaining as a Stephen King novel (“we’re cannibalising our product line”) and as insightful as a Walter Isaacson biography (Warren Buffet reads them to learn about the person running the business). The content must be an earnest account of the prior year and a sober outlook for the year ahead. The Risk Management and Risk… Read more about The Doors of Perception: 2022

Siam Heritage Thai Kitchen: Authentic Thai Cuisine

Published by
Parsippany Focus

PARSIPPANY — Unfortunately, despite having the opportunity to visit various parts of Asia in my youth, I never had the pleasure of visiting Thailand. I enjoy Thai cuisine and it would have been great to experience one of their open-air food vendors, storefront, or waterway eateries, or even try out an upscale Bangkok restaurant. I may not have been able to get to Thailand, but I can still enjoy a true sense of Thailand culture, as well as some of their authentic cuisines right here in Parsippany. Patrick Minutillo Siam Heritage Thai Kitchen, located among a series of storefronts in a small str… Read more about Siam Heritage Thai Kitchen: Authentic Thai Cuisine

Posted in: General

Siam Heritage Thai Kitchen: Authentic Thai Cuisine

Published by
Morris County Focus

MORRIS COUNTY — Unfortunately, despite having the opportunity to visit various parts of Asia in my youth, I never had the pleasure of visiting Thailand. I enjoy Thai cuisine and it would have been great to experience one of their open-air food vendors, storefront, or waterway eateries, or even try out an upscale Bangkok restaurant. I may not have been able to get to Thailand, but I can still enjoy a true sense of Thailand culture, as well as some of their authentic cuisines right here in Parsippany. Patrick Minutillo Siam Heritage Thai Kitchen, located among a series of storefronts in a small … Read more about Siam Heritage Thai Kitchen: Authentic Thai Cuisine

Posted in: General