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BUSINESS

Covid-19 lump sum policies to cease

Business, Darana Chudasri, Published on 24/03/2020

» Several insurance companies and brokers have stopped selling Covid-19 insurance lump-sum payout policies, while some have adjusted claim benefits to prevent policyholders' moral hazard problem and underwriting risks.

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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.

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BUSINESS

With China, possibilities abound for SCB

Business, Somruedi Banchongduang, Published on 17/07/2019

» Greater opportunities for Thailand as a destination for China's outbound investment have been spotted as trade diversifies amid the US-China trade dispute, according to a Siam Commercial Bank (SCB) senior executive.

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BUSINESS

A broadcast veteran channelling his energies

Business, Komsan Tortermvasana, Published on 20/10/2018

» Home shopping operator TV Direct Plc sprang a surprise last month when the company led by Songpol Shanmatkit announced it was taking over 90.1% of Spring News' digital Channel 19 in a deal worth 1.08 billion baht.

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BUSINESS

SCB's digital transformation takes shape

Business, Published on 31/08/2018

» Siam Commercial Bank's cost-to-income ratio is expected to peak by the first quarter of next year after hefty investment under the five-year SCB Transformation programme.

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BUSINESS

Programming with passion

Asia focus, Nareerat Wiriyapong, Published on 23/07/2018

» Rebecca Parsons loves the great outdoors, whether it's exploring the Dalmatian Coast in southern Croatia, the Galapagos Islands or the upper Amazon, to get an up-close look at a fascinating ecosystem.

BUSINESS

SCBT angles for double-digit revenue growth after strong Q1

Business, Published on 17/05/2018

» Standard Chartered Bank Thai (SCBT) expects double-digit growth in revenue this year after its top line grew 10% higher than expected for the first three months, says its head.

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BUSINESS

Banking's 40,000 cutback question

Business, Published on 13/02/2018

» Scholars are divided over who should be responsible for the more than 40,000 bank employees that are scheduled to be displaced over the next three years by the country's four largest banks.

BUSINESS

IPO fortunes forecast to grow in 2018

Business, Darana Chudasri, Published on 05/01/2018

» 2018 is expected to be another good year for companies that want to raise capital from initial public offerings (IPOs), but the offer prices from issuers may not tempt investors.

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BUSINESS

Adapt or die fighting the giants

Business, Published on 25/09/2017

» Thai banks have one to two years to adapt to the disruptive digital platform, which is changing the way people spend, live and make payments, as they face a do-or-die scenario regarding technology, warns Siam Commercial Bank's (SCB) chief marketing officer Thana Thienachariya.