Showing 1 - 10 of 17
Virtual bank applications to open in March
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.
Ascend Money eyes Asean lead, growth in South Asia
Business, Published on 07/12/2021
» Ascend Money, a digital payment and financial service unicorn of Charoen Pokphand Group's online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia.
An impressive showing for M&A
Business, Post Reporters, Published on 28/12/2019
» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.
Programming with passion
Asia focus, Nareerat Wiriyapong, Published on 23/07/2018
» Rebecca Parsons loves the great outdoors, whether it's exploring the Dalmatian Coast in southern Croatia, the Galapagos Islands or the upper Amazon, to get an up-close look at a fascinating ecosystem.
Hotel spas a win-win business opportunity
Asia focus, SCB EIC, Published on 16/07/2018
» - Spas are among the rising stars of the global wellness industry, with a rapid growth rate that outpaces that of the sector as a whole.
Hong Kong court prevents WEH divestment
Business, Post Reporters, Published on 01/06/2018
» Documents show the High Court of Hong Kong issued an injunction prohibiting a company owned by Kasem Narongdej from divesting itself from Wind Energy Holding's (WEH) shares, bolstering suspicions of inappropriate behaviour in the company and confirming the involvement of the Narongdej patriarch in the scandal.
TCG to push for more help for SMEs
Business, Published on 04/09/2017
» The state-owned Thai Credit Guarantee Corporation (TCG) will discuss a new portfolio guarantee scheme (PGS) worth 150-200 billion baht with the Finance Ministry in early October. The scheme is meant to allow small businesses continued access to bank loans amid the uneven economic recovery.
Catching the dragon's oil and gas trend
Asia focus, Published on 17/07/2017
» The Chinese oil and gas sector is undergoing a structural transformation. In the past it was dominated by large state-owned oil companies occupying the entire supply chain, including oil production, pipeline construction and operation, oil refining and trading. However, following economic restructuring the Chinese government will let privately owned and foreign companies participate more actively in the market.
Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
Asian equities dip as Fed signals imminent rate hike
Business, Published on 27/02/2017
» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.