Showing 1 - 10 of 3,204
'We really need to talk'
Business, Post Reporters, Published on 21/04/2025
» With trade tensions exacerbated by the US's reciprocal tariffs, key business sectors are calling on the Thai government to prioritise negotiations with Washington during the 90-day pause, as the nation is expected to be one of the hardest hit from the tariff rate of 36%, which is significantly higher than the regional and global average.
Virtual banks to be announced in June
Business, Somruedi Banchongduang, Published on 18/04/2025
» The Finance Ministry is scheduled to announce the list of approved virtual banks by June 19, with the Bank of Thailand confirming it will grant three banking licences in the initial stage.
Search begins for new Bank of Thailand chief
Published on 17/04/2025
» The Ministry of Finance has appointed a selection committee to choose a new Bank of Thailand governor to succeed Sethaput Suthiwartnarueput, whose five year term will end on Sept 30.
Thailand Post trusts network in virtual banking proposal
Business, Somruedi Banchongduang, Published on 17/04/2025
» Thailand Post plans to leverage its strong network and the expertise of its delivery staff, who have access to underserved and unserved communities across the country, to support its consortium in securing a virtual bank licence.
SCB X in search of higher profits via wealthier customers
Business, Somruedi Banchongduang, Published on 14/04/2025
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), is entering its third year of operations in 2025.
SCBX Sends Aid to Myanmar Earthquake Victims
Published on 10/04/2025
» SCBX Group, represented by Siam Commercial Bank (SCB), has reaffirmed its commitment to social responsibility through timely humanitarian support following the recent devastating earthquake in the Republic of the Union of Myanmar, which caused significant loss of life and property.
SCB economists cut Thai growth outlook
Business, Nareerat Wiriyapong, Published on 10/04/2025
» SCB EIC, the research centre of Siam Commercial Bank (SCB), has downgraded Thailand's economic growth forecast this year to 1.4-1.5% from 2.4% after US President Donald Trump's tariff hike on Thai imports.
SCB X to upgrade continuity plan
Business, Somruedi Banchongduang, Published on 10/04/2025
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), plans to strengthen its business continuity plan to address earthquake risks.
US no longer the only game in town
Business, Published on 09/04/2025
» Market developments in the first quarter this year have been quite unexpected, to say the least. At the beginning of the year, we highlighted the universal consensus in support of US exceptionalism. The market viewed the supremacy of US assets as unassailable in the context of an artificial intelligence (AI) future dominated by a few US information technology hyperscalers.
Thai shares plunge on Trump tariff fears
Published on 08/04/2025
» Share prices on the Stock Exchange of Thailand dived on Tuesday on fears of a possible trade war after tariff hikes by the US administration.