Showing 1 - 10 of 418
Thai banks told to focus on tech as returns wane
Business, Somruedi Banchongduang, Published on 03/04/2024
» Thai banks are being urged to ramp up their technology transformation efforts to enhance their income after a study found they had the lowest return on equity (ROE) ratio in the region, despite maintaining strong competitiveness compared with their regional peers.
Gucci’s China shock reverberates across luxury landscape
Published on 24/03/2024
» Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci.
Smartphone market to see 3% uptick
Business, Suchit Leesa-nguansuk, Published on 14/03/2024
» Thailand's smartphone market is projected to grow 3% in 2024, driven by replacement purchases and advanced technology features, according to a global research firm.
HSBC posts record pre-tax profit in 2023
Business, Somruedi Banchongduang, Published on 22/02/2024
» HSBC Holdings reported a record annual pre-tax profit for 2023 thanks to higher global interest rates, despite the US$3 billion hit on its stake in China's Bank of Communications.
Small and Medium Enterprise Development Bank of Thailand predicts 28% loan growth
Business, Wichit Chantanusornsiri, Published on 10/02/2024
» The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) set a loan target of 90 billion baht this year, up by 28% from 2023, while non-performing loans (NPLs) tallied only 8%, the lowest in 22 years, says president Nartnaree Rathapat.
A mechanical masterpiece
Life, Kanokporn Chanasongkram, Published on 26/01/2024
» Competing against industry giants, newcomer Genus won the Mechanical Exception Watch Prize at the GPHG 2019.
Auto loan segment volatile
Somruedi Banchongduang, Published on 20/01/2024
» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.
EV sales seen doubling as first homegrown models hit market
Published on 18/01/2024
» Thailand’s electric vehicle sales may double this year as Chinese manufacturers prepare to roll out their first locally manufactured models and about $2.4 billion in government incentives boosts consumer demand.
Get up close with Yoona at Bitec
Life, Published on 17/01/2024
» South Korean singer and actress Yoona will make a comeback to the Kingdom with "Yoona Fan Meeting Tour: Yoonite In Bangkok" at Bitec Event Hall 98, Bang Na-Trat Road, on Feb 24 at 6pm.
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.