Showing 1 - 10 of 10
Economists upbeat on 2023
Business, Sirivish Toomgum, Published on 08/12/2022
» Thailand's economic outlook remains positive for next year despite global headwinds, according to economists.
BoT eyes higher bank capital reserves
Business, Somruedi Banchongduang, Published on 25/03/2022
» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.
Fragile, uneven recovery
Asia focus, Nareerat Wiriyapong, Published on 24/01/2022
» The world has entered 2022 facing numerous uncertainties. After two years of fighting the coronavirus pandemic, the emergence of the Omicron variant now poses challenges to economies even in countries where vaccination rates are high.
Predee bombshell hits baht trading
Business, Published on 02/09/2020
» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.
Thaioil successful issuance of USD 1,000 million debentures
Published on 16/06/2020
» Mr. Wirat Uanarumit, Chief Executive Officer and President, Thai Oil Public Company Limited, disclosed that, “The Company recently successfully issued USD senior unsecured and unsubordinated debentures worth USD 1,000 million.
Korea adds 505 cases, deaths top 2,800: Virus update
Published on 27/02/2020
» Saudi Arabia halted religious visits that draw millions to cities including Mecca and Medina, while Japan asked for all schools to shut from March 2. More new cases were reported outside China than within the country for the first time, highlighting the spread of the epidemic.
Bangkok Bank takes over StanChart’s Permata for $2.7bn
Published on 12/12/2019
» Bangkok Bank Plc agreed to buy 89.1% of Indonesia’s PT Bank Permata for about US$2.7 billion in the first major purchase of an overseas lender by a Thai bank.
Headwinds ahead
Asia focus, Erich Parpart, Published on 29/04/2019
» Amid unfavourable external economic conditions and political uncertainties at home, the outlook is dimming for Thailand and other Asian countries facing an export slowdown linked to weak trade and demand growth globally.
Banking on transformation
Asia focus, Chiratas Nivatpumin, Published on 19/11/2018
» The rise of blockchain technology, quantum computing, artificial intelligence (AI) and digital currencies will completely transform how banks operate in the future, according to William Winters, group chief executive for Standard Chartered Bank.
Long-term matchmaker
Asia focus, Tanyatorn Tongwaranan, Published on 27/08/2018
» A healthy financial sector is the lifeline for any economy that wants thrive. For a developing country such as Vietnam, it has taken years to restructure its underbanked economy and build a more efficient and sustainable financial system.