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Search Result for “asian”

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THAILAND

SCB WEALTH Triumphs with Triple Global Awards

Published on 20/03/2024

» Siam Commercial Bank’s Wealth Banking Group, led by Mr. Sornchai Suneta (CFA) (centre), First Executive Vice President of the SCB Investment Office and Product Function; Ms. Ruttaya Tongrut (third from right), Executive Vice President of Wealth Strategy and Enablement; and Ms. Salisa Hanpanich (third from left), Executive Vice President of Wealth Capability Development, has once again secured three prestigious global awards at the "2023 ASIAN PRIVATE BANKER: 13th Award for Distinction" event. This achievement underscores SCB's leadership in investment excellence and top-tier wealth management services, reaffirming its commitment to delivering unparalleled value to customers. The trio of accolades received includes: 1) Best Domestic Private Bank - CIO Office; 2) Best Domestic Private Bank - Discretionary Portfolio Management; and 3) Best Domestic Private Bank - Digital Innovation and Services. The awards ceremony, hosted by Asian Private Banker, Asia’s premier financial and investment magazine, took place recently at the JW Marriott Hotel, Hong Kong.

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BUSINESS

Fresh virus spikes give investors pause

Business, Published on 22/02/2020

» Recap: Most Southeast Asian stock markets ended lower yesterday, with Indonesia losing the most and Thailand the sole gainer, as a sharp rise in new coronavirus cases dented the appeal of riskier assets.

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BUSINESS

An impressive showing for M&A

Business, Post Reporters, Published on 28/12/2019

» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.

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BUSINESS

Programming with passion

Asia focus, Nareerat Wiriyapong, Published on 23/07/2018

» Rebecca Parsons loves the great outdoors, whether it's exploring the Dalmatian Coast in southern Croatia, the Galapagos Islands or the upper Amazon, to get an up-close look at a fascinating ecosystem.

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BUSINESS

Adapt or die fighting the giants

Business, Published on 25/09/2017

» Thai banks have one to two years to adapt to the disruptive digital platform, which is changing the way people spend, live and make payments, as they face a do-or-die scenario regarding technology, warns Siam Commercial Bank's (SCB) chief marketing officer Thana Thienachariya.

BUSINESS

SET has best week of year as Pyongyang rattles investors

Business, Published on 04/09/2017

» Recap: Another missile launch by North Korea and Hurricane Harvey in the US shook global capital markets as investors reallocated assets, shifting to safe havens such as gold and bonds, as well as equities in Asian emerging markets including Thailand. Previously the worst performer among emerging market peers, the SET had its highest weekly percentage gain of the year.

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BUSINESS

Dovish tone from yellen heartens equity investors

Business, Published on 17/07/2017

» Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.

BUSINESS

North korea and oil slump keep investors on sidelines

Business, Published on 10/07/2017

» Recap: A long-range missile launch by North Korea put investors back in risk-off mode early last week. A sharp decline in oil prices further dampened sentiment before a Friday rally on Wall Street in response to better-than-expected job figures for June. A buying spree in energy giant PTT following a recent fall and in banking stocks ahead of second-quarter earnings results helped limit losses in the Thai stock market.

BUSINESS

US politics dent sentiment but energy shares lift set

Business, Published on 22/05/2017

» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.