Showing 41 - 50 of 8,218
Flood relief hurts listed banking firms
Business, Nuntawun Polkuamdee, Published on 30/08/2024
» The government's flood relief measures will hurt the banking and non-banking sectors on the Stock Exchange of Thailand (SET), while companies related to home repairs should benefit, say analysts.
SCB WEALTH Partners with Baker & McKenzie for Inheritance
Published on 28/08/2024
» Dr. Yunyong Thaicharoen (2nd from left), Senior Executive Vice President and Chief Wealth Banking Officer at Siam Commercial Bank, along with Mr. Komkrit Kietduriyakul (2nd from right), Director and partner specialising in banking and capital market practices at Baker & McKenzie Co., Ltd., have announced a strategic collaboration. This partnership aims to provide SCB WEALTH clients with expert legal and tax advisory services related to family asset and inheritance management, establishing holding companies, drafting family constitutions, and structuring family businesses. The objective is to ensure that inheritance asset management is conducted in a manner that promotes stability and sustainability across generations. The event was also attended by Mr. Sornchai Suneta, CFA (far left), First Executive Vice President of the Investment Office and Product Function, Wealth Banking Group at Siam Commercial Bank, and Ms. Benja Supannakul (far right), Director and partner specialising in banking and capital market practices at Baker & McKenzie Co., Ltd. The announcement took place recently at Siam Commercial Bank’s Head Office.
Thailand Post to take part in virtual banking
Business, Komsan Tortermvasana, Published on 28/08/2024
» The board of logistics provider Thailand Post has given the nod to the state agency participating in the planned virtual bank business, according to president Dhanant Subhadrabandhu.
Sansiri banking on Standard deal to drive profit
Business, Molpasorn Shoowong, Published on 28/08/2024
» Selling shares of US-based lifestyle hotel Standard International will drive net profit to reach a new high this year for SET-listed developer Sansiri.
DUP..Homeowners scramble to pay mortgages as loan levels rise
Business, Published on 28/08/2024
» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.
Baht set to rise against the dollar
Business, Somruedi Banchongduang, Published on 27/08/2024
» The baht is expected to strengthen against the greenback this week, potentially reaching 33.50-33.75 baht per dollar, following its rise to the highest level in 13 months. This appreciation is largely driven by the weakening dollar, which has been impacted by the US Federal Reserve's signal of a potential rate cut next month.
Lazada's youngest homegrown chief sets out growth vision to drive Thailand's digital economy
Business, Suchit Leesa-nguansuk, Published on 26/08/2024
» As the new chief executive of major e-marketplace operator Lazada Thailand, Varitha Kiatpinyochai, 32, is the company's youngest homegrown chief executive and the first woman to take the helm.
Baht poised to reach 34 to the greenback
Business, Nareerat Wiriyapong, Published on 22/08/2024
» The baht is on course to appreciate to 34 to the dollar or an even stronger position in the near term after hitting a 13-month high yesterday as the Bank of Thailand held the policy rate at 2.5%, which could spur inflows ahead of the US Federal Reserve's next meeting in September.
BoT leaves interest rate unchanged
Business, Somruedi Banchongduang, Published on 22/08/2024
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy rate steady at 2.5% on Wednesday, in line with the local economic recovery.
Bank of Thailand holds key rate at 2.50%
Published on 21/08/2024
» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.