Showing 1 - 6 of 6
BAY looks to secure Vietnam toehold
Business, Somruedi Banchongduang, Published on 05/01/2018
» Bank of Ayudhya (BAY) is exploring opportunities in Vietnam's consumer finance market in line with its parent Bank of Tokyo Mitsubishi UFJ's (BTMU) policy to deepen the group's reach in Southeast Asia.
Krungsri Blockchain’s Interledger transforms Thailand’s financial landscape
Published on 30/10/2017
» The financial services landscape has seen a major transformation as Krungsri (Bank of Ayudhya PCL) and IRPC (IRPC Public Company Limited) jointly announced the successful deployment of Krungsri Blockchain’s Interledger, marking Thailand’s first real-time international funds transfer for oil trading transactions between IRPC and its foreign business partners under the regulatory sandbox framework of the Bank of Thailand. The Krungsri Blockchain’s Interledger enables funds transfer across countries to be completed in a matter of seconds rather than one to three business days as usual.
'New age' airline
Asia focus, Wanant Kerdchuen, Published on 02/11/2015
» As Southeast Asia's skies grow increasingly crowded, it's getting harder for airlines to stand out, let alone make money, when rivals are slashing fares to fill seats. But that hasn't deterred VietJet Air from staking its claim to a piece of the pie.
Bay causes local ripples as global markets drift
Business, Published on 02/02/2015
» Recap: Wild swings in Bank of Ayudhya (BAY), among the top five in trading turnover amid rumours of delisting, caused ripples in the Thai market last week. World markets drifted lower on persistent concerns about weaker economic growth.
Set tracks global moves linked to jobs and oil
Business, Published on 12/01/2015
» Recap: Crude oil prices, which slipped to below $50 a barrel, jolted global stock markets early last week before equities revived on upbeat US jobs data. The Thai stock market also tracked the global market's direction.
Asian markets boosted by US data
Published on 08/01/2015
» HONG KONG — Asian equity markets mostly rallied Thursday on strong US data and expectations for fresh eurozone stimulus measures, while oil prices gave up early gains to resume their downward trend after a surge in New York.