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BUSINESS

KTB, BCEL join hands in cross-border agreement

Business, Somruedi Banchongduang, Published on 23/05/2012

» Krung Thai Bank (KTB) is teaming up with Laos's largest bank to expand opportunities for cross-border trade and investment ahead of the Asean Economic Community (AEC) in 2015.

BUSINESS

Rain blamed for missed audience target

Business, Somruedi Banchongduang, Published on 22/05/2012

» The 2012 Money Expo received a sluggish response from consumers. Both financial transactions and visitors were lower than projected, mainly due to ineffective promotional campaigns and rainstorms during the fair.

BUSINESS

CIMB Thai reaps Malaysian inflow

Business, Somruedi Banchongduang, Published on 19/05/2012

» The Malaysia-based CIMB Thai Bank (CIMBT) expects more banking business from Malaysian clients as foreign investors increase their presence in Southeast Asia ahead of the Asean Economic Community (AEC) in 2015.

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BUSINESS

Home loan gimmicks at Money Expo

Business, Somruedi Banchongduang, Published on 18/05/2012

» Zero-interest home loans are the main draw for visitors to the 2012 Money Expo at Impact Muang Thong Thani.

BUSINESS

SCB mulls increasing loan growth target

Business, Somruedi Banchongduang, Published on 16/05/2012

» Siam Commercial Bank (SCB) may revise up its full-year loan expansion target after booking healthy first-quarter growth of almost 20%.

BUSINESS

Fees lowered on services, loan offerings

Business, Somruedi Banchongduang, Published on 14/05/2012

» Banks are deploying pricing strategies for several financial services in a bid to attract consumers amid the higher cost of living and tighter competition in the market.

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BUSINESS

Saving away inflation

Business, Somruedi Banchongduang, Published on 14/05/2012

» Saving money is a good way to cope with the high cost of living during inflationary times.

BUSINESS

KBank shoots for 36% credit card growth

Business, Somruedi Banchongduang, Published on 11/05/2012

» Kasikornbank set an aggressive goal for credit card spending, targeting 36% growth this year because of higher minimum wages and civil servant salaries.

BUSINESS

Mitr Phol opts to replace workers with machines

Business, Somruedi Banchongduang, Published on 10/05/2012

» Thailand's leading sugar miller, Mitr Phol Group, has seen marginal impact from the state's minimum wage policy, saying it has managed to replace workers with machines starting last year.

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BUSINESS

Spectre of inflation still a key concern

Business, Somruedi Banchongduang, Published on 10/05/2012

» Inflation remains a concern for both the real and financial sectors, threatening to raise manufacturing costs and undermine household savings.