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Search Result for “digital asset”

Showing 1 - 10 of 1,780

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INVESTMENT

Bitcoin drops to one-month low in broad crypto market selloff

Bloomberg News, Published on 18/06/2024

» NEW YORK - Bitcoin slid to a one-month low as outflows from digital-asset investment products and the prospect of higher-for-longer US borrowing costs sapped the cryptocurrency market.

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THAILAND

BAM Enhances Customer Reach with ConnectX CDP

Published on 13/06/2024

» Bangkok Commercial Asset Management PCL. known as BAM, a leading force in resolving commercial banks’ NPAs and NPLs issues and driving the Thai economy and society towards sustainable growth, has made significant strides in customer engagement through its strategic collaboration with ConnectX and adoption of cutting-edge MarTech solutions to enhance marketing efficiency through the seamless integration of a Customer Data Platform (CDP). This integrated solution has significantly optimised how the company collects and utilises customer data, leading to enhanced marketing strategies with increased precision and relevance.

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THAILAND

SCGC and AboitizPower Partner for Philippines’ First Smart Power Plant

Published on 13/06/2024

» Aboitiz Power Corporation (AboitizPower), one of the major power producers in the Philippines, has partnered with REPCO NEX, a subsidiary of SCG Chemicals (SCGC), a provider of integrated industrial and digital solutions, to sign a collaboration agreement for the Arkanghel Project. This project aims to develop the first smart power plant in the Philippines, enhancing power production stability through Digital Twin technology. This initiative aligns with the megatrend of increasing energy demand in ASEAN, helping to reduce greenhouse gas emissions and mitigate the impacts of climate change.

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INVESTMENT

Ministry strips Zipmex's licences

Nuntawun Polkuamdee, Published on 12/06/2024

» The Finance Ministry has revoked the digital asset business licences of Zipmex Thailand as requested by the Securities and Exchange Commission (SEC), citing the company's financial status could cause damages to investors while personnel is inadequate to operate efficiently.

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GENERAL

Apple’s AI push causes market stir

Published on 11/06/2024

» Apple’s worldwide developer conference on Monday was about more than just infusing its software with the latest artificial intelligence technology, including ChatGPT.

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THAILAND

UOB Thailand appoints Mr Richard Maloney as its new Chief Executive Officer

Published on 11/06/2024

» UOB Thailand announced June 11, 2024, that Mr Richard Maloney has been appointed as its new Chief Executive Officer, effective 1 July 2024. He will succeed Mr Tan Choon Hin, who will relinquish the position after leading UOB Thailand since 2016. Mr Tan will return to Singapore and take on a new role as Deputy Head of Group Governance, Risk and Compliance. Ms Vira-Anong C Phutrakul will be appointed as Head, Wholesale Banking and Deputy CEO of UOB Thailand.

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INVESTMENT

Bitcoin drops to one-week low

Reuters, Published on 11/06/2024

» MUMBAI - Bitcoin wobbled on Tuesday in a sign of trader nerves ahead of US inflation data and the Federal Reserve's monetary-policy decision.

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GENERAL

KBank takes cautious view on regional loan expansion

Business, Somruedi Banchongduang, Published on 11/06/2024

» Kasikornbank (KBank) is increasing scrutiny of regional loan growth through stronger risk management and focusing on generating fee-based income from its overseas banking business.

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GENERAL

Asian shares advance on rate-cut optimism

Business, Published on 08/06/2024

» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.

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INVESTMENT

Bitcoin ETFs post longest run of inflows as token nears record

Bloomberg News, Published on 07/06/2024

» MUMBAI - United States exchange-traded funds investing directly in Bitcoin attracted net inflows for an unprecedented 18th straight day, a spurt of demand that has helped to lift the largest digital asset toward a record high.