Showing 1 - 10 of 210
Dollar haven status may always have been a mirage
News, Published on 10/09/2025
» The dollar's sharp drop in April during a burst of tariff-related financial stress called into question what many had assumed to be its critical function as a safety trade. Some now wonder whether that haven status was ever truly warranted.
Foreign currency deposit accounts skyrocket
Business, Somruedi Banchongduang, Published on 20/06/2025
» Foreign currency deposit (FCD) accounts have grown rapidly, driven primarily by individuals, especially younger depositors seeking higher returns.
‘Asian crisis in reverse’ as currencies soar against dollar
Published on 06/05/2025
» SINGAPORE - A wave of dollar selling in Asia is an ominous sign for the greenback as the world’s export powerhouse starts to question a decades-long trend of investing its big trade surpluses in US assets.
Crypto Tap-to-Pay Revolutionises Travel in 2025
Published on 02/04/2025
» Travel has always been exciting, but managing money while exploring different countries used to be a major headache. Converting BTC to USD before trips and then USD back to local currencies was once complicated and time-consuming.
Krungthai Bank Boosts USD Fixed Deposit with High Returns
Published on 19/03/2025
» Krungthai Bank continues to enhance its financial products and services, providing customers with efficient foreign currency management and strategic financial planning. Recognising the US dollar (USD) as the world's primary currency, Krungthai Bank now offers a Foreign Currency Fixed Deposit (FCD) Account in USD, featuring an attractive interest rate of up to 4.56% per annum. Designed for short-term savings with high returns, customers can select fixed deposit terms of 1, 2, or 3 months, with no minimum deposit requirement.
Krungthai Unveils Global Savings Account for Smart Transactions
Published on 12/12/2024
» Krungthai Bank, Thailand’s leading commercial lank, is taking international banking to new heights with the launch of its Global Savings Account, designed to meet the needs of customers engaging in foreign transactions. This all-in-one account combines the convenience of global currency deposits, attractive interest rates, and competitive foreign exchange (FX) rates, making it ideal for anyone looking to manage investments, money transfers, and spending in multiple currencies.
Vayupak Fund enjoys optimistic launch
Business, Published on 08/10/2024
» The 150-billion-baht state-run Vayupak Fund (VAYU1), which debuted on the Stock Exchange of Thailand (SET) on Monday, is expected to boost the daily trading value of Thai stocks and prevent falling prices amid unfavourable external factors led by growing tensions in the Middle East.
Why is the SET in a protracted slump?
Business, Nareerat Wiriyapong, Published on 11/07/2024
» On July 1, with investors searching for clues about their investments in the second half of 2024, the Stock Exchange of Thailand (SET) index slipped below the psychological level of 1,300 points for the second time in a month.
Banks that don't want money bode ill
News, Chartchai Parasuk, Published on 11/07/2024
» When is the last time readers experienced a situation like this? One takes money to deposit in a bank and the bank says please take your money elsewhere as we have no use for it. Such an unusual situation is happening in Thailand at this moment. Thai banks are reducing their credit portfolios and, consequently, reducing their needs for funding.
Yesterday’s shadow
Oped, Postbag, Published on 25/05/2024
» Re: “Court to hear Srettha case”, (BP, May 24) and “Thailand’s judiciary face challenges”, (Opinion, May 24). Prof Thitinan Pongsudhirak’s biting comments on the judiciary’s influence on the lifeline of an elected prime minister are most justified based on past events. For the coming challenge facing our Constitutional Court, it is different from the past. The court’s 5-4 vote not suspending PM Srettha’s lifeline before he has the chance of defence is laudable.