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Search Result for “banking sector”

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BUSINESS

Trump's Fed pick vows to safeguard independence

AFP, Published on 21/04/2026

» WASHINGTON - Kevin Warsh, Donald Trump’s choice to lead the US Federal Reserve, vowed on Tuesday to protect central bank independence at his confirmation hearing, despite intense pressure from the president.

BUSINESS

Long-stay visas for condo buyers in Phuket clarified

Published on 21/04/2026

» PHUKET - Immigration authorities and real estate executives held a briefing on Tuesday to clarify the new long-stay visa programme for foreign real estate investors, which aims to attract high-potential buyers and support economic activity in Thailand’s property sector.

THAILAND

Aura Wellness Achieves THB 1.746 Billion Revenue

Published on 21/04/2026

» Fullerton, one of Singapore’s largest and most respected investment funds, has invested in Aura Wellness, the parent company of Aura Bangkok Clinic and Aura Xpress, making it the only Thai wellness company chosen for investment in this round. The move highlights foreign institutional confidence in Aura Wellness and in Thailand’s fast-growing aesthetic medical market, where demand remains strong among both Thai and international customers, in line with the continued expansion of Thailand’s medical tourism sector, which is projected to grow at a CAGR of 10.49% from 2024 to 2030 and remains one of the country’s key growth areas.

THAILAND

Oil Shortage Threatens Thai Businesses’ Customer Trust

Published on 21/04/2026

» Oil Shortage Puts Thai Businesses and Brands at Risk of Losing Customer Trust: Must Communicate Early, Clearly, and Consistently

BUSINESS

Electric vehicles fuel Tisco auto loan growth in Q1

Business, Somruedi Banchongduang, Published on 21/04/2026

» Tisco Financial Group, the holding company of Tisco Bank, reported positive auto loan growth in Thailand in the first quarter of 2026, mainly driven by an increase in electric vehicle (EV) sales.

BUSINESS

Sky ICT targets green transformation of airports

Business, Komsan Tortermvasana, Published on 21/04/2026

» SET-listed aviation tech company Sky ICT is pivoting to a green airport strategy, seizing aviation shifts amid global volatility.

THAILAND

Trading in Stagflation: Asset Allocation Strategies for a High-Inflation, Low-Growth Economy

Published on 21/04/2026

» Stagflation represents one of the most challenging economic environments for investors and policymakers alike. Characterised by the simultaneous occurrence of stagnant economic growth, high unemployment, and rising inflation, this phenomenon disrupts traditional correlation models between equities and bonds.

PROPERTY

War set to boost condo demand in major markets

Business, Kanana Katharangsiporn, Published on 21/04/2026

» Condominiums and rental homes in key destinations, including Bangkok, Phuket, Pattaya, Samui and Chiang Mai, are likely to benefit from migration from countries affected by the Middle East conflict, according to property consultancy Colliers Thailand.

BUSINESS

Budget tightened amid crisis focus

Business, Wichit Chantanusornsiri, Published on 21/04/2026

» Prime Minister Anutin Charnvirakul has ordered that the fiscal 2027 budget be aligned with current crisis conditions, prioritising cuts to non-essential spending and limiting requests for additional budget allocations by government agencies to investment spending only.

BUSINESS

CP All's virtual banking restructuring under scrutiny

Business, Published on 21/04/2026

» Thailand's retail giant CP All (CPALL) is facing intensifying scrutiny over its proposed restructuring plan to integrate three key subsidiaries into a virtual banking ecosystem, after independent directors formally opposed the move.