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Search Result for “Digital assets”

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BUSINESS

SCB, KBank post weaker earnings

Business, Somruedi Banchongduang, Published on 20/01/2018

» Two of the big four commercial banks reported a sharp drop in unaudited consolidated net profit for 2017 and the three months to December, with larger bad-debt provisions taking a toll on balance sheets.

BUSINESS

BAY, TMB, CIMBT report net profit rise

Business, Somruedi Banchongduang, Published on 19/01/2018

» Bank of Ayudhya (BAY), TMB Bank (TMB) and CIMB Thai Bank (CIMBT) saw their unaudited consolidated net profit surge last year thanks to increases in their operating income.

BUSINESS

SET seeks clarity on ICOs

Business, Pathom Sangwongwanich, Published on 19/01/2018

» The Stock Exchange of Thailand is waiting for greater clarity on initial coin offering (ICO) regulations, but the SET admits that such digital crowdfunding could be considered as a security if it falls into an exchangeable criteria.

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BUSINESS

SCB looking into launching e-market platform on app

Business, Somruedi Banchongduang, Published on 10/01/2018

» Siam Commercial Bank (SCB) is studying launching its own e-marketplace after the Bank of Thailand conducted a public hearing on the platform, says a senior official.