Showing 1-10 of 20 results
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Siam Commercial Bank's purchase of crypto exchange Bitkub stalled
Published on 01/08/2022
» A deal to sell a majority stake in Thailand’s largest crypto exchange to the nation’s oldest bank remains stuck in due diligence more than eight months after the plan was unveiled, according to the platform’s co-founder.
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Gulf vows to stick with Binance deal
Business, Published on 05/09/2022
» The scrapped Siam Commercial Bank (SCB)-Bitkub investment deal has not deterred Gulf Energy Development from its decision to venture into the digital asset business, with the company saying it was determined to benefit from the latest trend in new technology.
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Economic outlooks diverging in second quarter
Business, Published on 24/04/2021
» It is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers' indices and labour market indicators, show good signs of revival.
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Programming with passion
Asia focus, Nareerat Wiriyapong, Published on 23/07/2018
» Rebecca Parsons loves the great outdoors, whether it's exploring the Dalmatian Coast in southern Croatia, the Galapagos Islands or the upper Amazon, to get an up-close look at a fascinating ecosystem.
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Five commonly misunderstood market concepts, explained
Business, Published on 23/03/2019
» I am no political guru and am making no predictions about tomorrow's election outcome, so writing an article based on election results would be like gambling. Therefore, I have decided to try something that has a longer shelf life. It is based on my experience from various investment seminars over the past couple of years, which has shown me that there are at least five concepts about the market that are commonly misunderstood.
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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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SET reviving after Wall Street scare
Business, Published on 16/10/2018
» The Thai stock market -- along with other emerging markets -- took a big hit last week after the US 10-year Treasury yield surged to 3.25% from 3.05% a week earlier as investors rushed to sell government bonds in anticipation of an interest-rate increase. This led to the Dow Jones Industrial Average falling more than 1,300 points (5%) on Wednesday and Thursday with the tech sector seeing most of the decline.
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Point of view
Business, Published on 27/10/2018
» On Oct 24, the S&P 500 registered a month-to-date return of -8.8%, the worst monthly showing since February 2009 (the bottom of the financial crisis), wiping out the entire year-to-date gain.
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SCB's digital transformation takes shape
Business, Published on 31/08/2018
» Siam Commercial Bank's cost-to-income ratio is expected to peak by the first quarter of next year after hefty investment under the five-year SCB Transformation programme.
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Adapt or die fighting the giants
Business, Published on 25/09/2017
» Thai banks have one to two years to adapt to the disruptive digital platform, which is changing the way people spend, live and make payments, as they face a do-or-die scenario regarding technology, warns Siam Commercial Bank's (SCB) chief marketing officer Thana Thienachariya.
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