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Search Result for “virtual bank”

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THAILAND

Casino bill seen as 'top priority'

Wichit Chantanusornsiri, Published on 24/05/2025

» The government's casino-entertainment complex bill will top the agenda when parliament convenes in July, Deputy Finance Minister Julapun Amornvivat said.

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GENERAL

Thailand's richest man raises stake in Kasikornbank, now No.3 shareholder

Published on 19/05/2025

» Gulf Development Plc, controlled by Thailand’s richest man Sarath Ratanavadi, has raised its stake in Kasikornbank Plc to about $610 million, making it the commercial lender’s third-largest shareholder.

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THAILAND

FPT Deepens Thai Partnerships to Drive Digital Transformation

Published on 17/05/2025

» Bangkok, May 2025 — Global IT firm FPT Corporation (FPT) has formed strategic partnerships with two of Thailand’s leading enterprises—Sunline and Buzzebees—underscoring the deepening technological and business collaboration between the two nations amid their shared momentum in digital economic growth. The event took place during the official visit of Thailand’s Prime Minister H.E. Paetongtarn Shinawatra – her first official visit to Vietnam since taking office in August 2024.

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GENERAL

US tariffs force ttb to conduct stress tests

Business, Somruedi Banchongduang, Published on 23/04/2025

» TMBThanachart Bank (ttb) has initiated stress tests to gauge the risks and potential impacts of US tariffs on Thai exports.

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INVESTMENT

Stocks make small gains amid trade talk hope

Business, Published on 19/04/2025

» RECAP: Asian stocks notched small gains in thin trade on Friday as investors largely adopted a wait-and-see approach on tariff negotiations before making long-term bets. Some markets were closed for the Good Friday holiday.

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GENERAL

KBank offers helping hand to exporters hit by US tariffs

Business, Somruedi Banchongduang, Published on 18/04/2025

» As part of its efforts to mitigate the impact of the US tariffs on Thai exports, Kasikornbank (KBank) is assisting export clients in exploring new international markets to minimise potential disruption.

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GENERAL

Virtual banks to be announced in June

Business, Somruedi Banchongduang, Published on 18/04/2025

» The Finance Ministry is scheduled to announce the list of approved virtual banks by June 19, with the Bank of Thailand confirming it will grant three banking licences in the initial stage.

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GENERAL

Thailand Post trusts network in virtual banking proposal

Business, Somruedi Banchongduang, Published on 17/04/2025

» Thailand Post plans to leverage its strong network and the expertise of its delivery staff, who have access to underserved and unserved communities across the country, to support its consortium in securing a virtual bank licence.

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GENERAL

SCB X in search of higher profits via wealthier customers

Business, Somruedi Banchongduang, Published on 14/04/2025

» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), is entering its third year of operations in 2025.

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GENERAL

Thailand says US tariff pause gives more time for response

Published on 10/04/2025

» Thailand has prepared more economic stimulus focused on creating jobs, Finance Minister Pichai Chunhavajira said on Thursday, adding that a 90-day pause on US tariffs announced overnight would give officials more time to prepare a response.