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GENERAL

Virtual bank applications to open in March

Business, Somruedi Banchongduang, Published on 01/03/2024

» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.

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LIFE

Rayong Money Expo offers green loans

Life, Published on 06/09/2023

» The "Money Expo 2023 Rayong: Green Finance For Green Living" will bring a comprehensive range of financial and investment products and services to the eastern region at Central Rayong daily from 10am to 8pm, starting Friday to Sunday.

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BUSINESS

An impressive showing for M&A

Business, Post Reporters, Published on 28/12/2019

» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.

BUSINESS

Indorama readies B15bn in debentures, eyes sustainability

Business, Published on 09/10/2019

» Indorama Ventures Plc plans to issue 15 billion baht in subordinated perpetual debentures.

BUSINESS

US politics dent sentiment but energy shares lift set

Business, Published on 22/05/2017

» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.

BUSINESS

Banks urged to cash in on CLMV growth

Business, Pathom Sangwongwanich, Published on 13/06/2016

» Thai banks have more room to penetrate neighbouring countries' banking sectors, with ample opportunities for loan growth and risk diversification, says an executive specialising in principal investments.

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WORLD

Cambodia calling

Asia focus, Umesh Pandey, Published on 14/09/2015

» As Thai companies start to see their sales tapering off amid slow domestic consumption, some are reaping the benefits of earlier decisions to enter markets where the risks at times have spooked other investors aware of their chequered history.

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BUSINESS

For Thai banks, partnerships expand reach at low risk

Asia focus, Umesh Pandey, Published on 01/06/2015

» As global banking giants go on a slimming spree and regional banks in Asean say their size is appropriate, banks in Thailand are likely to continue their current strategy of servicing customers via partnerships and opening branches in some neighbouring countries.

ADVANCED NEWS

Eternal youth for 100 year old bank

Jon Fernquest, Published on 12/09/2011

» 100 years old, the Government Savings Bank is becoming young again, helping rural communities, with only 1.1% non-performing loans,