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Search Result for “scb”

Showing 1 - 10 of 1,284

BUSINESS

Moody's upgrades ratings for 7 financial institutions

Business, Somruedi Banchongduang, Published on 24/04/2026

» Moody's Ratings has affirmed the ratings of seven Thai financial institutions and revised their outlooks to stable from negative, following an improvement in Thailand's sovereign outlook.

BUSINESS

Virtual bank rules clarified

Business, Somruedi Banchongduang, Published on 24/04/2026

» The Bank of Thailand is allowing virtual bank applicants to adopt various approaches to comply with regulatory requirements that aim to prevent conflicts of interest among affiliated businesses.

BUSINESS

War risks, rate cuts affect Thai banks’ margins

Business, Somruedi Banchongduang, Published on 23/04/2026

» The local banking industry recorded marginal net profit growth in the first quarter of this year, pressured by a decline in net interest income (NII) as conflicts in the Middle East are expected to heighten risks for the sector.

BUSINESS

Caution urged in uncertain market

Business, Kanana Katharangsiporn, Published on 23/04/2026

» Residential developers should adopt a cautious approach to new launches while strengthening revenue, cash flow and cost management, according to SCB Economic Intelligence Center (EIC).

THAILAND

Bangkok to host 'Rainbow Dress' exhibition in May

News, Poramet Tangsathaporn, Published on 23/04/2026

» Bangkok is set to host the "Amsterdam Rainbow Dress" exhibition to mark International Day Against Homophobia, Biphobia, and Transphobia 2026, or IDAHOBIT 2026, in May.

BUSINESS

The fading of US exceptionalism

Business, Published on 23/04/2026

» Asset performance in the first quarter of 2026 can be divided into two phases: before and after the onset of the Iran war. Before the war, long-term structural trends were the main drivers of asset class performance. US equities were underperforming the rest of the world, with US hyperscalers leading the relative downward move, weighed down by concerns about the monetisation of their AI infrastructure spending.

BUSINESS

Electric vehicles fuel Tisco auto loan growth in Q1

Business, Somruedi Banchongduang, Published on 21/04/2026

» Tisco Financial Group, the holding company of Tisco Bank, reported positive auto loan growth in Thailand in the first quarter of 2026, mainly driven by an increase in electric vehicle (EV) sales.

THAILAND

Manee Power partners AE Solar to tackle energy volatility

Published on 20/04/2026

» Manee Power Co., Ltd., a leading Thai integrated solar energy developer, is celebrating a decade of operations by elevating its status to a "Strategic Energy Partner". Through a landmark partnership with Germany’s AE Solar, the company aims to introduce Tier-1 solar technology to help Thai businesses navigate the dual challenges of geopolitical energy volatility and the global transition towards Net Zero.

THAILAND

From festivity to fiscal strain

Published on 18/04/2026

» As the festive haze of Songkran dissipates, Thailand has entered a far more sobering phase — one defined not by celebration but by tightening household budgets, rising fuel costs and growing unease over economic stability.

BUSINESS

SCB X focuses on tech as conflict drives up costs

Business, Somruedi Banchongduang, Published on 18/04/2026

» SCB X, the financial technology group and holding company of Siam Commercial Bank (SCB), has locked in low-cost technology investments ahead of a broader rise in expenses driven by the ongoing conflict in the Middle East.