Biznews round-up
The Finance Ministry yesterday announced that it now allows foreign companies to issue baht-denominated bonds particularly corporations in Asean-plus-three countries.
The ministry will consider companies in other countries on a case-by-case basis. The announcement is in line with the government's policy to support the Asian Bond Fund scheme.
- Bangkok Bank president Chartsiri Sophonpanich said yesterday that the average minimum lending rate in the banking sector would not exceed 8.5 per cent this year and that interest rates in the sector would reach their peak around the fourth quarter.
- The Stock Exchange of Thailand (SET) has appointed Kengkla Ruckphaopunt as senior vice president of its Capital Market Opportunity Centre, effective immediately. He is responsible for overseeing the SET's marketing efforts on both the investor and issuer marketing sides.
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