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BUSINESS

Ascend Money eyes Asean lead, growth in South Asia

Business, Published on 07/12/2021

» Ascend Money, a digital payment and financial service unicorn of Charoen Pokphand Group's online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia.

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BUSINESS

Rate cut impact limited

Business, Published on 05/12/2019

» Thailand's financial conditions were tighter than the historical average in the third quarter this year despite a policy rate cut by the Monetary Policy Committee (MPC) in August. This reflected persistent baht appreciation, an increase in corporate spreads and a slowdown in corporate borrowing and commercial bank loan growth.

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BUSINESS

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.

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BUSINESS

Personal privacy in the balance

Business, Published on 11/03/2019

» Data is hailed as the new "oil" of the 21st century, with digitalisation changing the landscape across every segment of society and business. When valuable and personal data can be exploited for personal or corporate gain, there is a need to ensure that personal information is well protected from fraud and mischief.

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BUSINESS

BoT urges talks before passbook halt

Business, Somruedi Banchongduang, Published on 04/01/2019

» The Bank of Thailand is demanding commercial banks discuss whether they intend to cancel physical passbooks in the future because it wants to ensure banks will offer proper services to customers.