Showing 1 - 10 of 14
Gulf quashes KBank takeover rumour as stake increases
Business, Somruedi Banchongduang, Published on 26/04/2024
» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.
Currency nosedives amid more seasonal fluctuations
Business, Somruedi Banchongduang, Published on 23/03/2024
» The baht plunged against the US dollar on Friday, primarily influenced by external factors, with seasonal fluctuations expected to exert continued pressure on the local currency, potentially weakening to 37 per dollar during the second quarter.
BoT adds SME debt rejig options
Business, Somruedi Banchongduang, Published on 12/06/2021
» The Bank of Thailand has added debt restructuring measures for entrepreneurs as the impact deepens from the third wave of the pandemic.
KBank sees diminished baht
Business, Somruedi Banchongduang, Published on 21/05/2021
» Kasikornbank (KBank) forecasts the baht will weaken further against the US dollar by June this year because of dividend repatriation by foreign investors and the country's lower current account surplus.
Ten listed banks declare dividend payments
Business, Somruedi Banchongduang, Published on 11/03/2021
» A total of 10 SET-listed commercial banks have announced dividend payments for 2020 under the Bank of Thailand's guided dividend payment policy to maintain a solid capital buffer for the commercial banking industry.
BoT to consider dividend payments
Business, Somruedi Banchongduang, Published on 13/11/2020
» The Bank of Thailand plans to assess on a yearly basis whether to allow SET-listed financial institutions to undertake dividend payments and stock buybacks for 2021 and 2022.
BoT to keep a lid on baht interventions
Business, Somruedi Banchongduang, Published on 21/02/2018
» The Bank of Thailand is expected to scale back its interventions in the foreign exchange market amid concerns they could prompt the wrath of the US and place Thailand on a currency manipulation watchlist, says a Kasikornbank (KBank) senior executive.
Task force for digital ID recommended
Business, Somruedi Banchongduang, Published on 20/11/2017
» The private sector is studying setting up an entity tasked with handling a national single-point digital identity platform to set the stage for integrating identity verification, pushing the country towards a digital economy.
SCB EIC says bright service sector vital for growth
Business, Somruedi Banchongduang, Published on 31/05/2016
» The government should focus on infrastructure investment in the service sector, one of the Thai economy's few bright spots, as this could pay long-term economic dividends, says Siam Commercial Bank's research house.
Legacy planning
Business, Somruedi Banchongduang, Published on 07/09/2015
» As the clock ticks down on inheritance tax enforcement, the affluent are in a hurry to pass their taxable assets to their children, grandchildren, spouses and even parents to avoid large tax payments and keep their fortunes in the family.