Showing 1 - 10 of 1,802
UOB, Partners Lead THB7.3bn Green Data Centre Deal
Published on 11/09/2025
» Bangkok, September 10, 2025 — UOB (as deal coordinator, green loan coordinator, and mandated lead arranger), together with the Asian Development Bank (ADB), Bangkok Bank, KASIKORNBANK, Kiatnakin Phatra Bank, Oversea-Chinese Banking Corporation (OCBC), and Siam Commercial Bank (collectively the mandated lead arrangers), have successfully led and arranged a THB7.3 billion green financing project for GSA Data Center 01 (GSA DC), the inaugural joint venture between Gulf Development (GULF), Singtel, and Advanced Info Service (AIS). This landmark green financing project will support the development and construction of a 25.6MW data centre in Samut Prakan, south of Bangkok, to meet the growing demand of data processing across Southeast Asia.
SuperRich 1965 marks 60 years with e-Wallet
Published on 09/09/2025
» SuperRich 1965 (Orange), Thailand’s No.1 foreign currency exchange, is celebrating its 60th anniversary under the theme “60 Years of Trust, Moving Forward Together.” The company has introduced its new mascot, “Nong Super,” as a travel partner that reflects a modern image and connects with new-generation travellers. SuperRich is also driving digital transformation by integrating services across both branch and online platforms, with plans to launch an e-Wallet to serve international tourists. The company is targeting 20% growth and aims to surpass THB 100 billion in currency exchange volume by 2027.
Thai Military Bank case suspect files petition
News, Post Reporters, Published on 03/09/2025
» A lawyer on Tuesday petitioned the Department of Special Investigation (DSI) to ensure fair treatment and justice for his client, one of 12 suspects in the high-profile Thai Military Bank (TMB) fraud case, citing asset misuse and delayed prosecution as key concerns.
Structural reforms key to solving debt, say bankers
Business, Somruedi Banchongduang, Published on 27/08/2025
» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.
Fitch: Bad loans expected to pressure large Thai banks
Business, Somruedi Banchongduang, Published on 27/08/2025
» Thailand's six major banks are likely to face rising asset risks over the next several years, pressured by a continued increase in impaired loans, according to Fitch Ratings Thailand.
Traders on sidelines awaiting Fed signals
Business, Published on 23/08/2025
» RECAP: Asian equities traded in a narrow range ahead on Friday as investors awaited a key speech from US Federal Reserve chairman Jerome Powell that could shed light on the direction of monetary policy. Many traders are scaling back bets on an imminent US interest-rate cut.
Rate cut, policy easing set to renew investment
Business, Nuntawun Polkuamdee, Published on 20/08/2025
» The Bank of Thailand's policy rate cut of 25 basis points (bps) to 1.50% and targeted easing measures are set to reignite the investment cycle, propelling the Stock Exchange of Thailand (SET) index towards 1,370 points by year-end, according to analysts.
Banks' bad loan sales set to skyrocket to B200bn this year
Business, Somruedi Banchongduang, Published on 20/08/2025
» Bangkok Commercial Asset Management (BAM) Plc expects non-performing loan (NPL) sales by financial institutions to reach 200 billion baht this year, up from 150 billion last year.
Bad loan risk rising in four key business sectors
Somruedi Banchongduang, Published on 15/08/2025
» Four key business sectors in Thailand are showing signs of weaker debt repayment capabilities, with the challenge likely to extend to larger business operators, according to Kasikorn Research Center (K-Research).
UOB Thailand forecasts zero mortgage growth
Business, Somruedi Banchongduang, Published on 08/08/2025
» UOB Thailand expects flat growth for its mortgage portfolio this year for the first time in several decades, in line with a contraction in the property market.