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

ITA Airways Firms Up Order for 28 Airbus Aircraft

Improved environmental performance, state-of-the-art aircraft technology, up to 25% less fuel consumption and CO2 emissions – @Airbus #A220 #A320neo #A330neo ITA Airways, Italy’s new national carrier, has firmed up an order with Airbus for 28 aircraft ROME, Dec. 01, 2021 (GLOBE NEWSWIRE) — ITA Airways, Italy’s new national carrier, has firmed up an order with […]

Sophi.io Wins at WAN-IFRA Digital Media Awards Worldwide 2021

Sophi Dynamic Paywall wins global award for Best Paid Media Strategy TORONTO, Dec. 01, 2021 (GLOBE NEWSWIRE) — Sophi.io, The Globe and Mail’s artificial intelligence-based automation, optimization and prediction engine, won WAN-IFRA’s 2021 Digital Media Awards Worldwide award in the Best Paid Media Strategy category for Sophi Dynamic Paywall, its real-time, personalized paywall engine that analyses both […]

Institutional Investor Publishes 2021 Global Fixed-Income Research Rankings

J.P. Morgan achieves first place in the leaders’ table as this year’s top global research provider for fixed income NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) — In 2021 Institutional Investor’s Global Fixed-Income Research survey, 6,025 bond and credit specialists from 1,622 asset managers provided their feedback to determine the top fixed-income research providers for […]