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Search Result for “commercial banking”

Showing 81 - 90 of 2,446

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GENERAL

Bank profits underwhelm in Q1

Business, Somruedi Banchongduang, Published on 23/04/2024

» Commercial banks booked marginal profit growth in the first quarter of this year, largely influenced by the decreased profitability of small to mid-sized banks thanks to higher provision for loan loss reserves.

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GENERAL

SET bounces back as war fears ease

Business, Nuntawun Polkuamdee, Published on 23/04/2024

» The Thai stock market rebounded sharply on Monday, rising by about 1.3%, as other regional bourses also bounced back from sharp losses on Friday as investors believe a full-blown war in the Middle East is unlikely while the People's Bank of China (PBOC) opted to keep interest rates unchanged.

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INVESTMENT

Asian shares slump as Mideast risk rises

Published on 20/04/2024

» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.

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GENERAL

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.

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OPINION

Handout difficult without BoT's help

Oped, Chartchai Parasuk, Published on 18/04/2024

» The purpose of this article is to educate the public about the real issue of the digital wallet scheme. The issue is not "HOW to get the 500 billion baht?" but "Is there 500 billion baht AVAILABLE to be borrowed?"

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GENERAL

Thai banks eye regional expansion

Business, Somruedi Banchongduang, Published on 16/04/2024

» Driven by the growth potential of Asean economies, large local banks are likely to see significant opportunities to expand their regional business and enhance their revenue prospects, according to Fitch Ratings Thailand.

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WORLD

Vietnam tycoon given death for $12.5bn fraud

Published on 11/04/2024

» HANOI - A court in Vietnam on Thursday sentenced real estate tycoon Truong My Lan to death for her role in a $12.5-billion financial fraud case, the country’s biggest on record,

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OPINION

Southeast Asian banks must stop funding coal

Oped, Published on 11/04/2024

» Indonesia is by far a major top producer of dangerous climate emissions -- more than any country in the Southeast Asian region, mainly due to its burning of coal. The country is also feeling the full force of worsening climate disasters, from floods and storms to deadly landslides. My hometown, Jakarta, is sinking -- and this is compounded by regular catastrophic flooding and air pollution that disrupts millions of lives. Indonesia faces huge risks as it currently sits as the second most disaster-prone country in the world, according to the World Risk Report 2023.

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TECH

Lenovo expounds on 'AI for All' vision

Business, Suchit Leesa-nguansuk, Published on 10/04/2024

» Lenovo is transitioning from a PC company into a global technology powerhouse by empowering customers' digital intelligence transformation in the age of artificial intelligence (AI), says a senior executive.

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THAILAND

Thai-Laos QR payments to boost tourism

News, Published on 08/04/2024

» Tourist spending on both sides of the Thai-Laos border looks set to increase after the Bank of Thailand (BoT) and the Bank of Lao (BoL) on Sunday launched a new QR payment system to support electronic transactions.