Showing 1 - 10 of 315
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.
SCBAM sets ambitious growth goal
Business, Nuntawun Polkuamdee, Published on 04/04/2025
» SCB Asset Management (SCBAM) wants to grow its assets under management (AUM) by 10-15% to 2 trillion baht this year, maintaining its position as the top asset manager in Thailand's mutual fund industry.
Regional shares sink as trade war worries mount
Business, Published on 29/03/2025
» RECAP: Asian stocks slid yesterday with heavy selling in South Korea and Japan, while safe-haven gold traded at a record high as the latest tariff salvo from US President Donald Trump stoked investor worries of an all-out trade war.
Doubts persist over financial hub bid
Post Reporters, Published on 24/03/2025
» The cabinet approved the Financial Hub bill on Feb 4, marking a significant step in Thailand’s bid to become a regional player in finance.
World’s biggest stock rout deepens as Thai market rescue falters
Published on 17/03/2025
» An ambitious campaign to revive Thailand’s battered stock market is falling flat, as entrenched pessimism about the economy accelerates a foreign funds exodus.
ESG funds tally to exceed B100bn in H2
Business, Nuntawun Polkuamdee, Published on 14/03/2025
» Total investment in environmental, social and governance (ESG) funds is projected to exceed 100 billion baht in the second half of this year, including transfers from maturing long-term equity funds (LTFs), says the Association of Investment Management Companies (AIMC).
Foreigners still underweighting Thai stocks
Business, Nuntawun Polkuamdee, Published on 14/03/2025
» Foreign investors remain underweight on Thai stocks due to concerns over slowing economic growth and declining loan expansion in the banking sector, though sentiment has gradually improved, says Maybank Securities (Thailand).
SCB WEALTH & BlackRock Partner to Drive Global Investment
Published on 13/03/2025
» SCB WEALTH has partnered with BlackRock, a global leader in asset management, to solidify its position as the top wealth management business in Thailand. This partnership will guide clients towards international investments, offering high-quality, innovative opportunities to boost returns in a fast-changing economic landscape. The partnership will offer in-depth investment analysis and insights, work together to identify suitable investment strategies aiming for long-term returns, and develop training programs for Relationship Managers’ development to meet international standards. Providing consultancy and experience sharing to enhance the efficiency of investment advisory services. With all collaboration under partnership will support SCB WEALTH to become the top choice for clients, with a target of THB 180 billion in global investment assets by 2026.
SCB reduces lending rates across the board
Business, Somruedi Banchongduang, Published on 01/03/2025
» Siam Commercial Bank (SCB) has announced a reduction of its maximum loan rate by 25 basis points (bps), aligning with the Bank of Thailand's recent policy rate cut.
SCB offers more overseas wealth options
Somruedi Banchongduang, Published on 27/02/2025
» Siam Commercial Bank (SCB) is increasing access to international wealth products for Thai investors, aiming to expand assets under management (AUM) in foreign currencies to 180 billion baht by 2026.