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Search Result for “standard chartered bank”

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GENERAL

China tests the limits of stimulus spending

Published on 17/06/2025

» China is testing the limits of what its consumer stimulus can accomplish by subsidising purchases of select goods, fuelling a shopping spree that has boosted retail sales growth but threatens to overwhelm authorities, even in the country’s richest regions.

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SUSTAINABILITY

Energy strategy pivot wins 'overwhelming support'

News, Published on 21/04/2025

» Most banks in the industry's biggest climate alliance endorsed a proposal that will refocus the group on providing financial support for the energy transition and also hold signatories to a less stringent standard for reducing the emissions enabled by their lending.

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GENERAL

Regional shares sink as trade war worries mount

Business, Published on 29/03/2025

» RECAP: Asian stocks slid yesterday with heavy selling in South Korea and Japan, while safe-haven gold traded at a record high as the latest tariff salvo from US President Donald Trump stoked investor worries of an all-out trade war.

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GENERAL

Trump tariffs won’t yet force rate cut, says Bank of Thailand

Bloomberg News, Published on 04/03/2025

» Thailand's central bank defended its monetary policy stance as "robust" enough to withstand volatility from United States President Donald Trump's latest tariffs on trading partners, signalling that it may refrain from further easing after last week’s surprise cut.

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GENERAL

Baht expected to dip to 35 by mid-year

Business, Somruedi Banchongduang, Published on 25/02/2025

» Standard Chartered Bank (Thai) forecasts the baht will weaken to around 35 per greenback by mid-2025, driven by escalating trade tensions.

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GENERAL

Agency poised to issue B130bn sustainability-linked bond

Business, Wichit Chantanusornsiri, Published on 06/11/2024

» The Public Debt Management Office (PDMO) plans to issue a sustainability-linked bond (SLB) worth 130 billion baht for fiscal 2025.

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GENERAL

Global economy chiefs fret over a Trump return as US election draws closer

Published on 28/10/2024

» WASHINGTON: Low growth, high debt and escalating wars topped the official agenda at the International Monetary Fund and World Bank annual meetings, but finance leaders spent much of their energy worrying about the potential impacts of a return of Donald Trump to power in November's US presidential election.

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THAILAND

Chartered Group Strengthens MFC with Strategic Share Acquisition

Published on 30/09/2024

» The acquisition of 31,357,850 shares, representing 24.96% of the total issued shares of MFC Asset Management Public Company Limited (MFC), by Chartered Group (via Opus-Chartered Issuances S.A.) was officially communicated to the Stock Exchange of Thailand on 24 September 2024. This transaction, approved by the Office of the Securities and Exchange Commission on 17 September 2024, sees Chartered Group becoming a major shareholder. Meanwhile, the Ministry of Finance and Government Savings Bank retain their shareholdings at 15.92% and 24.94%, respectively.

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THAILAND

True Corporation Closes Oversubscribed JPY141.3 Billion Sustainability Loan

Published on 26/09/2024

» True Corporation Public Company Limited (TRUE), Thailand's leading telecom-tech company and global sustainability pioneer, has successfully secured its maiden sustainability-linked syndicated loan, totalling JPY141.3 billion, for refinancing and debt repayment. This marks the first time a telecom-tech company in Thailand has achieved a sustainability-linked syndicated loan.

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GENERAL

Standard Chartered Thailand Appoints Anchalee Bunsongsikul as CEO

Published on 18/09/2024

» Standard Chartered Bank has appointed Anchalee Bunsongsikul as the new President, CEO, and Head of Banking & Coverage for Standard Chartered Bank (Thailand) and its Representative Offices in Cambodia, Laos, and Myanmar, effective 18 September 2024.