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Search Result for “banking business”

Showing 61 - 70 of 8,218

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GENERAL

Loan growth slows amid credit crunch

Business, Somruedi Banchongduang, Published on 14/08/2024

» Kasikorn Research Center (K-Research) has slashed its total loan growth projection for the banking industry in 2024 to 1.5% from an earlier forecast of 2.5-3.5%.

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GENERAL

KTB joins Gulf, AIS for virtual bank bid

Business, Nuntawun Polkuamdee, Published on 14/08/2024

» State-owned Krungthai Bank (KTB) has confirmed it plans to apply on Sept 12 for a virtual bank licence together with Gulf Energy Development, Advanced Info Service (AIS) and PTT Oil and Retail Business.

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INVESTMENT

New Vayupak Fund tipped to boost stock market

Published on 13/08/2024

» The cabinet has approved in principle the establishment of the Vayupak Fund 1 valued at between 100 billion and 150 billion baht, with investment units expected to be available for purchase by September.

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GENERAL

Ceramic industry faces threat from Chinese knock-offs

Online Reporters, Published on 13/08/2024

» Ceramic manufacturers in Lampang are struggling amid a surge of cheaper Chinese goods flooding the market.

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GENERAL

Scheme to develop financial hub begins

Business, Wichit Chantanusornsiri, Published on 13/08/2024

» The Finance Ministry is forming a committee tasked with developing policies and drafting legislation to establish the country as a financial hub.

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GENERAL

To cope with credit risk, Thai banks focus on asset quality

Business, Somruedi Banchongduang, Published on 12/08/2024

» Large local banks anticipate their corporate clients will face heightened challenges in the second half of this year because of global uncertainties and concerns about a potential US recession.

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GENERAL

Addressing the Thai nominee problem in foreign-owned firms

Business, Published on 12/08/2024

» A large Chinese-language billboard explicitly offering a service to help customers obtain passports and citizenship for several countries, observed in Huai Khwang district last month, has again sparked a controversy regarding nominee businesses in Thailand.

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INVESTMENT

Wall Street bounce helps lift Asian shares

Business, Published on 10/08/2024

» RECAP: Asian shares were poised to end a tough week on an upbeat note after Wall Street bounced overnight and data showed China taking a step away from deflation, while Japanese stocks managed to sustain an early rally.

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GENERAL

YouTrip eager to grow regional offerings

Business, Somruedi Banchongduang, Published on 10/08/2024

» YouTrip, the Singapore-based fintech firm, is evolving beyond being a travel card service after establishing itself as Southeast Asia's leading multi-currency digital payments platform, demonstrating the fastest growth in the region's business sector.

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GENERAL

Unemployment hits 9-month high

Lamonphet Apisitniran, Published on 09/08/2024

» The unemployment rate in Thailand has reached a nine-month high of about 2% of registered workers, as the country struggles to deal with slow economic growth and more factory shutdowns, according to the Employers’ Confederation of Thai Trade and Industry (EconThai).