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INVESTMENT

Gulf quashes KBank takeover rumour as stake increases

Business, Somruedi Banchongduang, Published on 26/04/2024

» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.

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GENERAL

Thailand gains access to XTransfer platform

Business, Suchit Leesa-nguansuk, Published on 28/03/2024

» XTransfer, a Chinese fintech unicorn, has expanded its business-to-business (B2B) cross-border trade payment platform to Thailand to capitalise on global trade conducted by small and medium-sized enterprises (SMEs).

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MOTORING

Auto loan segment volatile

Somruedi Banchongduang, Published on 20/01/2024

» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.

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GENERAL

CEOs voice concerns for 2024

Business, Post Reporters, Published on 02/01/2024

» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.

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GENERAL

A year of milestones

Business, Post Reporters, Published on 26/12/2023

» As 2023 concludes, the year stands out for a multitude of noteworthy events and news.

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THAILAND

Analysis: Move Forward takes step back

News, Post Reporters, Published on 18/11/2023

» The main opposition Move Forward Party (MFP) is struggling to live up to its name as it is mired in internal strife, which is eating away at its popularity, according to political analysts.

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THAILAND

'Economy crying for stimulus'

Published on 16/11/2023

» The government insists the economy is in a crisis and requires a stimulus package to prevent the situation from deteriorating and a recovery harder to mount.

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GENERAL

SCB assesses its digital future

Business, Somruedi Banchongduang, Published on 07/10/2023

» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.

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BUSINESS

Asian trade subdued as economic outlook weakens

Business, Published on 13/05/2023

» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

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THAILAND

Purple Line plans worry art chiefs

News, Supoj Wancharoen, Published on 15/04/2023

» The Fine Arts Department has raised concerns over the need to avoid as many historic sites as possible along a new extension of the Purple Line which will run through Bangkok's Rattanakosin Island old town area.