Showing 1-10 of 186 results
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With China, possibilities abound for SCB
Business, Somruedi Banchongduang, Published on 17/07/2019
» Greater opportunities for Thailand as a destination for China's outbound investment have been spotted as trade diversifies amid the US-China trade dispute, according to a Siam Commercial Bank (SCB) senior executive.
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Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
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KBank's digital push focuses on startups
Business, Somruedi Banchongduang, Published on 31/07/2019
» Kasikornbank (KBank) plans to turn its focus to adding more startups to its digital banking roster to increase user activities and income, while searching for new business opportunities after teaming up with three online platform giants: Grab, Line and Facebook.
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BoT aims for lower virtual bank rates, fees
Business, Somruedi Banchongduang, Published on 08/03/2024
» The Bank of Thailand expects the formation of virtual banks to provide reduced interest rates and fees as the operating costs for purely digital banking services are lower without physical branches and fewer staff.
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KBank eyes gain for regional banking
Business, Somruedi Banchongduang, Published on 29/02/2024
» Kasikornbank (KBank) is projecting 20% revenue growth for its regional banking business this year, in line with economic growth in Indonesia, Vietnam and China.
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Bank of Thailand warns of long-term downturn
Business, Somruedi Banchongduang, Published on 23/02/2024
» The Thai export sector has lost competitiveness in global markets, with the market share of rice shipments falling by more than 50% over the past 20 years, according to the Bank of Thailand (BoT).
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HSBC posts record pre-tax profit in 2023
Business, Somruedi Banchongduang, Published on 22/02/2024
» HSBC Holdings reported a record annual pre-tax profit for 2023 thanks to higher global interest rates, despite the US$3 billion hit on its stake in China's Bank of Communications.
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Thai borrowers top global rankings for greatest fragility
Somruedi Banchongduang, Published on 19/02/2024
» Thailand ranks top in terms of fragile borrowers compared with other countries, and is seeking debt assistance measures from the Bank of Thailand.
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Bank of Thailand rues cheap imports
Business, Somruedi Banchongduang, Published on 10/02/2024
» The Bank of Thailand is concerned about the weaker competitiveness of local small businesses amid an influx of cheap Chinese imports.
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Yuan loans likely to rise for Thai firms
Business, Somruedi Banchongduang, Published on 03/02/2024
» HSBC Thailand expects higher demand for yuan borrowing from large Thai corporates, in line with positive growth of cross-border trade and investment between Thailand, China and Hong Kong.
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