Showing 1 - 10 of 5,272
PromptPay 'Y2 18' glitch delays cash transfers
News, Somruedi Banchongduang, Published on 01/01/2018
» Users of the national e-payments system, PromptPay, were left frustrated Sunday when computer glitches related to the formatting of the calendar changing to 2018 held their cash hostage for about eight hours.
Singapore stocks hit near 3-week high on growth data
Published on 02/01/2018
» Singapore shares climbed nearly 1% on Tuesday, buoyed by data showing the city-state's economy grew last year at its fastest pace since 2014, while Indonesia reversed course to end lower after touching a record high.
Economy expected to soar, or just improve
Business, Published on 03/01/2018
» Thailand's stock market is expected to continue its rosy bull run into 2018, assuming the rally will be buoyed by a domestic economic recovery and strong net profits from listed firms.
SCB girds itself for new standard
Business, Somruedi Banchongduang, Published on 03/01/2018
» Siam Commercial Bank (SCB) has been setting aside extra buffers against bad loans since the third quarter of 2017 to comply with International Financial Reporting Standard (IFRS) Version 9, which requires lenders to have larger reserves and earlier recognition of credit losses.
Banks to return fees after PromptPay crash
News, Post Reporters, Published on 04/01/2018
» Commercial banks will return service charges to customers who had to pay the fees when the PromptPay online money transfer service crashed on Sunday morning, the Thai Bankers Association says.
KTB keying in on low-income earners
Business, Somruedi Banchongduang, Published on 04/01/2018
» Public servants and low-income earners, segments in which Krungthai Bank (KTB) has an advantage, will be the bank's main focus for digital payment services.
SET index kicks off new year with a bang
Business, Nuntawun Polkuamdee, Published on 04/01/2018
» The Stock Exchange of Thailand (SET) index rang in the first trading day of the year on an upbeat note, with the gauge posting an all-time closing high of 1,778.53 points, eclipsing the previous record of 1,753.73 set on Jan 4, 1994.
Thailand, India risk being added to US currency watchlist
Published on 04/01/2018
» Thailand and India may have to give freer rein to the baht and rupee this year to avoid triggering US accusations that they’re manipulating their currencies to support exports.
Thai shares hit record closing high, other SE Asia stocks rise
Published on 04/01/2018
» Surging energy stocks pushed the Thai index to a record closing high, while other Southeast Asian stock markets rose on Wednesday as sharp gains on Wall Street overnight on solid US economic data buoyed regional equities.
Myanmar's first tourism stock rises 30% in Singapore debut
Bloomberg News, Published on 05/01/2018
» Thousands of tourists have floated in a hot-air balloon over Myanmar’s historic Bagan plains dotted with more than 2,200 ancient Buddhist temples, pagodas and monasteries. Chances are they rode one of Memories Group Ltd’s inflatables.