Showing 1 - 10 of 405
Bank of Thailand sticks to 3 virtual bank licences
Business, Published on 21/09/2024
» The Bank of Thailand is maintaining its policy of initially granting only three virtual bank licences, despite receiving a large number of applications from interested operators.
Domestic factors to drive policy rate
Business, Somruedi Banchongduang, Published on 21/09/2024
» The Bank of Thailand is focusing primarily on domestic factors when considering adjustments to its policy rate, rather than following the US Federal Reserve's recent rate cut, according to the governor of the central bank.
FWD intent on expanding market share
Business, Nareerat Wiriyapong, Published on 21/09/2024
» In the competitive Thai insurance field, an 11-year-old company has already emerged as a major player.
Asian shares extend rally sparked by Fed
Business, Published on 21/09/2024
» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
Samyan Mitrtown to break even in three years
Business, Kanana Katharangsiporn, Published on 21/09/2024
» SET-listed Frasers Property Thailand is expecting the Samyan Mitrtown mixed-use project to break even within three more years, a shorter period than other commercial projects, but longer than initially anticipated because of the pandemic.
US nuclear plant revived to help power AI
Published on 20/09/2024
» A unit at the Three Mile Island power plant, the site of the worst nuclear accident in American history, will restart operations to sell power to Microsoft for energy-hungry data centres tapping the boom in artificial intelligence.
Planting seeds of sustainability: Grab's carbon offset journey
Business, Suchit Leesa-nguansuk, Published on 20/09/2024
» As the spectre of global boiling looms large, innovative partnerships offer a beacon of hope. Grab, a leading superapp in Southeast Asia, and EcoMatcher, a technology-driven tree-planting platform, have forged an alliance in an effort to combat climate change.
Harsher consequences for tolerating scams
Business, Suchit Leesa-nguansuk, Published on 20/09/2024
» The Digital Economy and Society (DES) Ministry is planning to amend regulations in order to enforce liability for banks and telecom operators if they are found to be negligent in tackling online scams, says DES permanent secretary Wisit Wisitsora-At.
Incubation centre to bring small firms up to date
Business, Lamonphet Apisitniran, Published on 20/09/2024
» Industry Minister Akanat Promphan vows to improve the technological know-how of small and medium-sized enterprises through the establishment of the I-EA-T Incubation Centre for SMEs in Bangkok.
Analyst sees Bank of Thailand as likely to copy Fed
Business, Published on 20/09/2024
» The Federal Reserve's large interest rate cut of 0.5 percentage points this week, the first reduction in four years, could pave the way for the Bank of Thailand to slash its policy rate in December, says CIMB Thai Bank chief economist Amonthep Chawla.