Showing 1 - 10 of 140
CIMB targets $1.28bn of lending in 2024
Reuters, Published on 06/06/2024
» MANILA - The Philippine unit of Malaysia's CIMB Group Holdings Bhd is targeting lending of more than 75 billion pesos (US$1.28 billion) to Filipino clients this year, up 23% from 2023, its chief executive officer said on Thursday.
Business group keeps growth forecast at 2.2% to 2.7%
Reuters, Published on 05/06/2024
» Thailand's economy is recovering slowly and is expected to grow 2.2% to 2.7% this year, unchanged from a previous forecast, a leading joint business group said on Wednesday.
Business group maintains GDP growth forecast
Reuters, Published on 03/04/2024
» Thailand's economy is expected to grow 2.8% to 3.3% this year, a leading joint business group said on Wednesday, maintaining a previous forecast.
Business group keeps growth outlook at 2.8%-3.3%
Reuters, Published on 06/03/2024
» Thailand's economy is expected to grow 2.8%-3.3% this year, maintaining a previous forecast, a leading joint business group said on Wednesday.
Trial begins in Vietnam's largest, multi-billion-dollar fraud
Reuters, Published on 05/03/2024
» HANOI: The trial in Vietnam's largest financial fraud case on record began on Tuesday, with nearly 90 defendants accused of being part of a $12 billion scam, for which some of them risk the death penalty.
Thailand opens applications for virtual banks
Reuters, Published on 05/03/2024
» Thailand will accept applications for virtual banks within the next six months with the aim of supporting people with no or limited access to financial services, the Finance Ministry said on Tuesday, issuing guidelines for licenses.
Business group keeps 2023 growth forecast at 2.5-3.0%
Reuters, Published on 01/11/2023
» Thailand's economy is expected to grow 2.5% to 3.0% this year, unchanged from a previous forecast, helped by government support measures and tourism, a leading joint business group said on Wednesday.
After the moon, India launches rocket to study the sun
Reuters, Published on 02/09/2023
» BENGALURU - Following the success of India's moon landing, the country's space agency launched a rocket on Saturday to study the sun in its first solar mission.
KBank in talks to buy Vietnam lender in up to $1bn deal
Reuters, Published on 23/08/2023
» HANOI/SINGAPORE - Thailand's second-biggest lender Kasikornbank (KBank) is in talks to buy consumer finance provider Home Credit Vietnam in a deal worth up to US$1 billion that would further its push to expand in Vietnam, two sources said.
Thai banks' bad loans down slightly
Reuters, Published on 22/08/2023
» Thai banks' non-performing loans (NPLs) dipped to 2.67% of outstanding loans at the end of June from 2.68% at end-March, helped by debt restructuring, the Bank of Thailand (BoT) said on Tuesday.