Showing 1 - 10 of 2,289
Five Thai banks revised to negative
Business, Published on 01/10/2025
» Fitch Ratings has revised the ratings outlook for five Thai banks to negative from stable, following the downgrade last week of its outlook for Thailand's sovereign credit rating.
Saint Mary’s Wins 2025 Enactus World Cup
Published on 29/09/2025
» Bangkok, September 2025 —The Enactus World Cup 2025 Presented by ThaiBev marked a historic milestone as both the 25th edition of this world-class competition and Enactus' dynamic return to Southeast Asia after Thailand's reintegration into the global network. The competition brought together over 1,800 students, educators, and staff from 35 countries at the Queen Sirikit National Convention Center (QSNCC), Bangkok, from September 26-28, 2025, held alongside Sustainability Expo 2025 (SX2025).
Bangkok Fashion Week 2025 Showcases Thai Talent
Published on 29/09/2025
» The biggest fashion week of the year highlights Thailand’s rising status as a fashion capital, with leading Thai designers unveiling their creativity and global potential on the world stage.
UOB, Partners Lead THB7.3bn Green Data Centre Deal
Published on 11/09/2025
» Bangkok, September 10, 2025 — UOB (as deal coordinator, green loan coordinator, and mandated lead arranger), together with the Asian Development Bank (ADB), Bangkok Bank, KASIKORNBANK, Kiatnakin Phatra Bank, Oversea-Chinese Banking Corporation (OCBC), and Siam Commercial Bank (collectively the mandated lead arrangers), have successfully led and arranged a THB7.3 billion green financing project for GSA Data Center 01 (GSA DC), the inaugural joint venture between Gulf Development (GULF), Singtel, and Advanced Info Service (AIS). This landmark green financing project will support the development and construction of a 25.6MW data centre in Samut Prakan, south of Bangkok, to meet the growing demand of data processing across Southeast Asia.
Kasikornbank scraps key profit target amid weak economy
Published on 02/09/2025
» Kasikornbank Plc abandoned a key earnings target on concerns that the already weak Thai economy may deteriorate further, denting loan demand and increasing defaults.
TIDLOR to Issue First A+ Rated Debentures
Published on 01/09/2025
» Bangkok, September 1, 2025 — Tidlor Holdings Public Company Limited (“Tidlor Holdings” or “TIDLOR”) has submitted a registration statement and draft prospectus to the Securities and Exchange Commission (SEC) in preparation for its inaugural debenture issuance. The debentures have received an A+ credit rating, instilling strong investor confidence. These will be senior secured debentures, guaranteed by its core subsidiary “Ngern Tid Lor Public Company Limited”, with a debenture holders’ representative appointed.
Retirement at 45 shocks Thais
News, Published on 01/09/2025
» The workforce is facing a major turning point as Kasikornbank (KBank) introduces a special early retirement (ER) programme at the age of 45, the first of its kind in the country.
Structural reforms key to solving debt, say bankers
Business, Somruedi Banchongduang, Published on 27/08/2025
» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.
Fitch: Bad loans expected to pressure large Thai banks
Business, Somruedi Banchongduang, Published on 27/08/2025
» Thailand's six major banks are likely to face rising asset risks over the next several years, pressured by a continued increase in impaired loans, according to Fitch Ratings Thailand.
KBank offers unusual early retirement scheme
Business, Somruedi Banchongduang, Published on 25/08/2025
» Driven by the impact of artificial intelligence (AI) disruption, Kasikornbank (KBank) has introduced a special early retirement (ER) programme for employees aged 45 and older, with several other banks reportedly offering similar initiatives.