Showing 1 - 10 of 404
New Thai airline focuses on the South
Business, Molpasorn Shoowong, Published on 04/06/2024
» A new airline founded by a Thai aircraft dealer and technology trading company plans to operate short domestic flights in the South, banking on high-spending local travellers.
Somchai's shift from AIS to PTT's OR could enable alliance
Business, Komsan Tortermvasana, Published on 17/05/2024
» Somchai Lertsutiwong, chief executive of Advanced Info Service (AIS), is tipped to become chairman of PTT Oil and Retail Business (OR), paving the way for him to form an OR-AIS-Krungthai Bank (KTB) alliance to develop a virtual bank business.
CGSI targets top 3 brokerage spot
Business, Nareerat Wiriyapong, Published on 11/05/2024
» CGS International (CGSI), China's second-largest securities firm, wants to be among the top three securities companies in Thailand by 2030, expanding its offerings and teaming up with local and regional partners.
Thailand Post considers 'neutral' virtual banking agent role
Business, Komsan Tortermvasana, Published on 18/04/2024
» State-run logistics provider Thailand Post is considering expanding its scope by becoming a "neutral virtual banking agent", with the aim of complementing the operations of nascent virtual banks, says chief executive Dhanant Subhadrabandhu.
Gulf consortium strongest virtual bank contender
Business, Nuntawun Polkuamdee, Published on 29/03/2024
» The consortium including Gulf Energy Development, Advanced Info Service (AIS), Krungthai Bank (KTB) and PTT Oil and Retail Business (OR) is the strongest contender among the applicants for a virtual bank licence, says Asia Plus Securities (ASPS).
SCBX and WeBank collaborate on innovative technology
Published on 22/03/2024
» SCBX and WeBank have agreed to collaborate on exploring deployment of innovative technology in Thailand, supporting the Consortium's pursuit of the virtual bank licence. Fostering synergies through innovation technology, the Consortium hopes to tackle the problem of financial inclusion in Thailand by making financial services more transparent, accessible, and affordable.
Trio vie for virtual bank licences
Business, Published on 21/03/2024
» Three consortiums are expected to apply for virtual bank licences, as the application period for submissions to the Bank of Thailand (BoT) started on Wednesday, running to Sept 19.
Gulf presents plan for energy, digital asset and virtual bank
Business, Published on 21/03/2024
» Gulf Energy Development, one of Thailand's largest private power producers, has outlined strategies to expand to digital asset exchange and virtual banking businesses, while continuing to build its key energy segment.
The shape of finance to come
Business, Published on 18/03/2024
» Virtual banks are on the horizon after the Royal Gazette published on March 4 the criteria for companies applying for a licence.
BoT aims for lower virtual bank rates, fees
Business, Somruedi Banchongduang, Published on 08/03/2024
» The Bank of Thailand expects the formation of virtual banks to provide reduced interest rates and fees as the operating costs for purely digital banking services are lower without physical branches and fewer staff.