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Search Result for “finance”

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OPINION

Rules a boon for future of crypto

Oped, Published on 16/03/2022

» The hottest tech trends across Asia are undoubtedly crypto and non-fungible tokens (NFTs). Amidst it all, Thailand is making waves in the industry by increasing its support for homegrown crypto traders and investors in a bid to make the country more crypto-friendly.

THAILAND

Draft budget bill gets govt nod

News, Published on 18/05/2022

» The cabinet yesterday approved a draft budget bill for the 2023 fiscal year worth 3.1 trillion baht and gave the green light for the formation of a 64-member parliamentary committee to vet it.

BUSINESS

KTC, Mastercard unveil Proud cash card

Business, Published on 02/06/2022

» Krungthai Card Plc (KTC) has partnered with Mastercard to launch the first KTC Proud Mastercard cash card in Thailand.

BUSINESS

Banks expected to delay rate hike

Business, Somruedi Banchongduang, Published on 04/08/2022

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes the banking sector will delay raising the interest rate in line with the Bank of Thailand's anticipated gradual policy rate hike.

BUSINESS

Cabinet reiterates BoT has free rein for its duties

Business, Phusadee Arunmas, Published on 06/10/2022

» The government has pledged it will not intervene in the central bank's handling of inflation, interest rates and the baht's movement, instead asking the Finance Ministry to provide additional information to the bank.

BUSINESS

Sygnum partners with T&B for metaverse fundraising

Business, Published on 07/10/2022

» Sygnum, a digital asset technology group with a Swiss banking licence and a Singaporean capital markets services licence, has partnered with Thai media and entertainment group T&B Media Global to raise more than US$300 million to fund its new interconnected metaverse platform.

BUSINESS

Krungsri takes 75% stake in Home Credit

Business, Post Reporters, Published on 25/11/2022

» Bank of Ayudhya (Krungsri) announced yesterday the 75% majority stake acquisition of the consumer finance business of Home Credit in Indonesia and the Philippines, with an initial total consideration of €473.9 million (17.7 billion baht).

BUSINESS

Opn sets sights on becoming global payment firm

Business, Suchit Leesa-nguansuk, Published on 09/12/2022

» Japan-based payment solutions unicorn Opn, which was founded in Thailand, aims to become a global payment firm within three years through acquisitions and financial services, including by providing loans to merchants and corporate customers.

BUSINESS

SAK, TC Renewable team up to offer solar rooftops, loans

Business, Somruedi Banchongduang, Published on 06/01/2023

» SET-listed Saksiam Leasing (SAK), an auto and personal loan provider, wants to expand by providing loans for residential solar rooftops, aiming to grow the portfolio of the new business to 1 billion baht this year.

BUSINESS

Sustainability retains resonance for Thai firms

Business, Sirinnaree Ongsakul, Published on 24/02/2023

» Sustainability will remain a key trend for fundraising in Thailand, prompting companies to increasingly integrate environmental, social and corporate governance (ESG) considerations into their strategies, says international law firm Baker McKenzie.