Showing 21-30 of 40 results
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Baht crosses over 32 benchmark
Business, Published on 13/01/2018
» The baht extended its gains on Friday, trading at below 32 to the US dollar and ending the first two weeks of the year up 2%, while exporters have asked the central bank to take measures to put the baht in line with its trade counterparts to retain a competitive advantage.
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The value of old money
Life, Kanin Srimaneekulroj, Published on 15/01/2018
» High-tech library, co-working space and museum rolled into one, the Bank of Thailand's new Learning Center -- recently opened to commemorate its 75th anniversary -- is shaping up to be Bangkok's latest riverside destination. Situated right by the Chao Phraya, with a picturesque view of the river, the centre is located across from the Bank of Thailand offices under the Rama VIII bridge, and sees a 50-year-old maximum-security note-printing facility transformed into a spacious and serene public library.
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Large banks embrace debt fund-raising
Business, Somruedi Banchongduang, Published on 15/01/2018
» Large banks have raised local and foreign currency debentures to lock in cheap costs and increase liquidity in anticipation of higher loan demand, which they expect to be driven by Thailand's positive economic momentum.
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Thailand IPO and M&A activity to peak in 2019
Business, Published on 10/01/2018
» Thailand's dealmaking cycle is predicted to peak in 2019, with the value of both mergers and acquisitions (M&A) and initial public offerings (IPO) forecast to climb over the next two years, before easing back in 2020, according to the third edition of the Global Transactions Forecast, issued by Baker McKenzie and Oxford Economics.
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SCB to provide QR payment at Shell outlets
Business, Pitsinee Jitpleecheep, Published on 10/01/2018
» Shell Company of Thailand is furthering the government's national e-payment strategy by joining hands with Siam Commercial Bank (SCB) to provide cashless payment services at its petrol stations, convenience stores and coffee shops.
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SCB looking into launching e-market platform on app
Business, Somruedi Banchongduang, Published on 10/01/2018
» Siam Commercial Bank (SCB) is studying launching its own e-marketplace after the Bank of Thailand conducted a public hearing on the platform, says a senior official.
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Tax perk value beats target by 35 times
Business, Wichit Chantanusornsiri, Published on 12/01/2018
» Tax incentives to promote domestic investment have received overwhelming support from the private sector, with combined investment applications worth 281 billion baht last year, 35 times higher than the target, says Pornchai Thiraveja, an adviser to the Fiscal Policy Office (FPO).
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GH Bank to earmark B84bn for soft loans
Business, Wichit Chantanusornsiri, Published on 12/01/2018
» State-owned GH Bank plans to earmark 45% of its 189-billion-baht loan target for soft loan schemes in compliance with the government's policies, its chief says.
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SET reaches all-time high of 1,802.80
Business, Nuntawun Polkuamdee, Published on 12/01/2018
» The Stock Exchange of Thailand (SET) index closed at an all-time high Thursday, finishing at 1,802.80 points, with analysts pointing towards the bullish rally going forward thanks to sanguine economic prospects.
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SEC: Bitcoin futures are kosher
Business, Pathom Sangwongwanich, Published on 11/01/2018
» Despite allowing Thai investors to speculate on bitcoin via an international global derivatives trading service, the Securities and Exchange Commission (SEC) has insisted bitcoin futures is a regulated futures contract even as bitcoin itself is not legal tender in Thailand.
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