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Search Result for “financial services”

Showing 61 - 70 of 141

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THAILAND

PromptPay postpones C2C service

Business, Post Reporters, Published on 13/10/2016

» The launch of PromptPay's customer-to-customer (C2C) money transfers, the first service under the national e-payment scheme, has been pushed back to the first quarter of next year so that the system can be tested thoroughly.

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BUSINESS

US elections to strengthen dollar

Business, Published on 21/09/2016

» The baht is expected to retreat to 36 to the dollar in the next 6-12 months on anticipation the greenback will strengthen after the US presidential election in November, say strategists at Credit Suisse.

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OPINION

PromptPay hackable

News, Postbag, Published on 27/08/2016

» Re "PromptPay sows doubts", (Editorial, Aug 24).

BUSINESS

Rate cuts, stimulus moves help propel global stocks

Business, Published on 08/08/2016

» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.

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BUSINESS

Experts back e-payment safety

Business, Published on 30/07/2016

» Financial technology experts are reassuring the public over the national e-payment scheme, saying the system has been designed to allow fair competition while controlling risks at the present level.

BUSINESS

Cautious tone from fed gives big lift to stocks

Business, Nuntawun Polkuamdee, Published on 04/04/2016

» Recap: The cautious tone of Federal Reserve Chair Janet Yellen's comments on the global economy that lessened prospects for a US interest-rate increase triggered a global stock market rally last week. Positive investor response to her views also pushed the Thai stock market back above 1,400 points.

BUSINESS

Foreign flight poses threat to stock market

Business, Nuntawun Polkuamdee, Published on 04/01/2016

» The persistent exodus of foreign investors is of the greatest concern to the Thai stock market in 2016 after around 400 billion baht was cashed out over the past three years.

BUSINESS

Asian shares rise but 4G cost concerns hit set

Business, Published on 28/12/2015

» Recap: A Wall Street rally propelled by consumer sentiment at a five-month high in December gave a boost to most Asian stock markets. However, concerns over expensive 4G licences in Thailand triggered a sharp sell-off in telecom stocks and battered the SET index. Lower oil prices also put pressure on the local bourse.

BUSINESS

Asian markets await jobs data with bated breath

Business, Published on 05/10/2015

» Recap: Asian stock markets changed little as investors awaited US jobs data, crucial information for the US Federal Reserve in deciding on its first rate hike in years. However, banking stocks were under selling pressure on investor concerns that larger loan-loss provisions to cushion against rising non-performing loans could erode third-quarter profits.