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Search Result for “krungthai bank”

Showing 1 - 8 of 8

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INVESTMENT

Gulf Binance aims for crypto supremacy

Nareerat Wiriyapong, Published on 11/05/2024

» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.

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GENERAL

Baht declines as investors baulk at lack of fiscal discipline

Business, Nareerat Wiriyapong, Published on 13/11/2023

» The baht weakened to below 36 to the dollar on Monday as renewed concerns surfaced over Thailand’s fiscal discipline, following the government’s announcement on its digital wallet scheme on Friday, leading to outflows from Thai bond and stock markets, according to analysts.

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GENERAL

Baht hits two-month high

Business, Nareerat Wiriyapong, Published on 07/11/2023

» The baht traded at a two-month high on Monday and is expected to remain strong until year-end as the market considers whether the Federal Reserve might cut interest rates sooner than previously forecast in 2024, say analysts.

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GENERAL

Baht likely to climb higher if Fed disappoints on rates

Business, Nareerat Wiriyapong, Published on 01/11/2023

» The baht, which traded at a six-week high of 35.86 to the United States dollar on Tuesday morning, is likely to appreciate further if the Federal Reserve fails to produce a clear statement about US interest rate trends at its meeting this week, say analysts.

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BUSINESS

Asian stocks fall amid fears of recession

Business, Nareerat Wiriyapong, Published on 25/04/2023

» The Stock Exchange of Thailand slipped on Monday with Asian bourses broadly down, as investors trimmed risks following a drop in US equity futures, while analysts raised concerns about financial sector stress, saying recession fears are growing.

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BUSINESS

Axa predicts substantial revenue growth

Business, Nareerat Wiriyapong, Published on 07/12/2022

» Axa Insurance Plc, a Thai unit of the France-based global insurer Axa Group, aims to increase its revenue to 5.2 billion baht in 2023, up from an estimated 4.8 billion this year, by focusing on new products and expanding ties with strategic partners.

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BUSINESS

Axa to focus on Asia for long-term growth

Business, Nareerat Wiriyapong, Published on 11/10/2022

» Southeast Asia, Greater China and Japan will remain the three pillars of Axa Group as it grows its business in the coming years, the Paris-based insurer says, noting that the Thai insurance industry is poised for an upward growth trend from 2022 onwards.

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BUSINESS

KTB preps for yuan business in Yunnan

Business, Nareerat Wiriyapong, Published on 11/12/2013

» YUNNAN : Krungthai Bank (KTB), the country's second-largest bank by assets, is strengthening the role of its Kunming branch as part of the strategy to build a greater presence in the Greater Mekong Subregion.