Showing 1 - 4 of 4
Krungsri Blockchain’s Interledger transforms Thailand’s financial landscape
Published on 30/10/2017
» The financial services landscape has seen a major transformation as Krungsri (Bank of Ayudhya PCL) and IRPC (IRPC Public Company Limited) jointly announced the successful deployment of Krungsri Blockchain’s Interledger, marking Thailand’s first real-time international funds transfer for oil trading transactions between IRPC and its foreign business partners under the regulatory sandbox framework of the Bank of Thailand. The Krungsri Blockchain’s Interledger enables funds transfer across countries to be completed in a matter of seconds rather than one to three business days as usual.
Bay causes local ripples as global markets drift
Business, Published on 02/02/2015
» Recap: Wild swings in Bank of Ayudhya (BAY), among the top five in trading turnover amid rumours of delisting, caused ripples in the Thai market last week. World markets drifted lower on persistent concerns about weaker economic growth.
Set tracks global moves linked to jobs and oil
Business, Published on 12/01/2015
» Recap: Crude oil prices, which slipped to below $50 a barrel, jolted global stock markets early last week before equities revived on upbeat US jobs data. The Thai stock market also tracked the global market's direction.
Asian markets boosted by US data
Published on 08/01/2015
» HONG KONG — Asian equity markets mostly rallied Thursday on strong US data and expectations for fresh eurozone stimulus measures, while oil prices gave up early gains to resume their downward trend after a surge in New York.