Showing 1 - 10 of 785
UOB, partners arrange record 28-billion-baht green loan for Thailand’s largest data centre
Published on 11/03/2026
» Bangkok, 6 March 2026 – UOB has led a consortium of five partner banks to jointly arrange a 28-billion-baht green term loan for DayOne Data Centres, supporting the development of one of Thailand’s largest and most scalable data centres. The financing will contribute to DayOne’s initial phase of the greenfield data centre at Chonburi Tech Park in Amata Industrial Park, with operations expected to begin in 2026. The development is DayOne’s inaugural data centre project in Thailand built off their strong foundation and portfolio across the region.
Banks tighten digital checks to curb mule accounts
Business, Somruedi Banchongduang, Published on 11/03/2026
» Banks are tightening monitoring of digital transactions to prevent the use of mule accounts, as fraudsters shift their activities after stricter controls were imposed on conventional bank accounts.
Asian shares poised for best February on record
Business, Published on 28/02/2026
» RECAP: Asian shares were mixed yesterday as concerns about technology company valuations and geopolitical hotspots weighed on sentiment. But the MSCI Asia Pacific Index has gained 7.1% this month, making it the best February performance on record.
Trump's new Iran threats rattle markets
Business, Published on 21/02/2026
» RECAP: Most Asian equities fell and oil prices rose yesterday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a "meaningful deal" in nuclear talks. The remarks put the brakes on a rebound in markets following an AI-fuelled sell-off earlier.
Bank of Thailand to monitor KBank after Gulf purchase
Business, Somruedi Banchongduang, Published on 18/02/2026
» The Bank of Thailand is monitoring the increased shareholding in Kasikornbank (KBank) of 10% by Gulf Development Plc, saying KBank will be placed under intensified supervisory oversight.
Gulf Development increases Kasikornbank stake to 10%
Business, Nuntawun Polkuamdee, Published on 17/02/2026
» A move by Gulf Development Plc (GULF) to raise its shareholding in Kasikornbank (KBank) to 10% is seen as a calculated effort to balance financial optimisation with long-term strategic positioning, while carefully navigating regulatory constraints, analysts say.
Billionaire Sarath’s Gulf doubles Kbank stake
Published on 14/02/2026
» Gulf Development Plc, controlled by billionaire Sarath Ratanavadi, has doubled its stake in Kasikornbank Plc to become the Thai commercial lender’s largest shareholder.
Thailand's major banks target modest loan growth in 2026
Business, Somruedi Banchongduang, Published on 10/02/2026
» Major domestic banks have set modest loan growth targets for 2026 in line with the slower pace of the Thai economy, while maintaining a selective approach to new lending.
Interest rates nudge banks to record varied results
Business, Somruedi Banchongduang, Published on 22/01/2026
» Large local banks posted mixed operating results in 2025, attributed to a decrease in interest income as rates declined, as well as heightened uncertainties.
Loan repayments set to hit record high
Business, Somruedi Banchongduang, Published on 15/01/2026
» Kasikornbank (KBank) expects loan repayments to hit a record high in 2025, with loan growth in 2026 projected to increase marginally in line with Thai economic conditions.