Showing 61 - 70 of 162
BoT facility aims to help mutual funds
Business, Somruedi Banchongduang, Published on 25/03/2020
» The Bank of Thailand has expanded the scope of a special credit facility to provide liquidity to mutual funds by allowing banks to repurchase all money market and daily fixed-income funds, but the central bank will repurchase only underlying assets that meet its requirements.
Pandemic sinks economy
Business, Somruedi Banchongduang, Published on 20/03/2020
» Increasing coronavirus infections are expected to weigh down the economy more than previously anticipated, leading to a contraction of 1%, says Standard Chartered Bank Thai.
SCB waits on new Myanmar licence
Business, Somruedi Banchongduang, Published on 28/02/2020
» Siam Commercial Bank plans to open its first branch in Myanmar this year if the Central Bank of Myanmar (CBM) grants a bank subsidiary licence, says a SCB senior official.
Thai banks spread QR code in Asean
Business, Somruedi Banchongduang, Published on 10/02/2020
» Thailand is set to kick off cross-border payment via QR code technology in Asean by mid-year, aiming to enhance financial transactions through the digital platform across the region.
SCB wants Myanmar licence
Business, Somruedi Banchongduang, Published on 16/01/2020
» Siam Commercial Bank is seeking approval from the Central Bank of Myanmar (CBM) to upgrade SCB's representative office to operate under a bank subsidiary licence in the neighbouring country.
KBank looking at mid-income range
Business, Somruedi Banchongduang, Published on 12/12/2019
» Kasikornbank (KBank) has expanded into the middle-income segment to penetrate a new customer base for bancassurance and mutual fund business, aiming to rev up fee-based income next year.
KBank predicts baht climb against dollar
Business, Somruedi Banchongduang, Published on 28/11/2019
» Kasikornbank (KBank) sees the baht rising to 29.25 against the US dollar at the end of 2020, pointing to the US's structural problems and external uncertainties.
E-payment roadmap eyes cross-border as first order
Business, Somruedi Banchongduang, Published on 20/11/2019
» The national e-payment roadmap for 2020 prioritises cross-border payments and fund transfers, aiming to boost financial transactions via the digital platform across Asean and deepening integration of the regional bloc.
BoT eases up on exporters' rules
Business, Somruedi Banchongduang, Published on 07/11/2019
» The Bank of Thailand has relaxed regulations related to exporters' foreign currency proceeds and foreign securities investment to encourage capital outflows and rein in the baht's strength.
Individual banking agent licences studied
Business, Somruedi Banchongduang, Published on 14/10/2019
» The Bank of Thailand wants to grant individual banking agent licences for basic financial transactions to broaden consumer alternatives in accessing financial services.