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Search Result for “Pier 39”

Showing 1 - 10 of 40

BUSINESS

Gulf opts to maintain KBank shareholding at 10% cap

Business, Somruedi Banchongduang, Published on 17/04/2026

» Gulf Development Plc has no plans to increase its shareholding in Kasikornbank (KBank) beyond 10%, partly due to additional regulatory requirements.

BUSINESS

Virtual banks taking shape

Business, Somruedi Banchongduang, Published on 16/04/2026

» Two virtual banks, Bank X and Clicx Bank, are pursuing similar strategies in the retail and food ecosystem, focusing on underserved customer segments as a key growth driver for their virtual banking businesses.

SUSTAINABILITY

Exporters confront carbon footprints

Business, Somruedi Banchongduang, Published on 09/03/2026

» Thai exporters are under growing pressure to accelerate their transition to low-carbon production, as the EU's Carbon Border Adjustment Mechanism (CBAM) came into force on Jan 1, though its effects have been felt for several years.

BUSINESS

Industrial decline forcing Thais into service jobs

Somruedi Banchongduang, Published on 08/01/2026

» The Bank of Thailand (BoT) has expressed concern over the weakening income outlook in the labour market, as an industrial slowdown continues to push workers into the service sector.

BUSINESS

Bank of Thailand to supervise loans for hire purchase, leasing

Somruedi Banchongduang, Published on 12/06/2025

» The Bank of Thailand (BoT) may take over the regulation of fees and interest rates for auto hire-purchase and leasing loans, replacing the Office of the Consumer Protection Board (OCPB) under a new law.

BUSINESS

Auto lease adjustment causes a kerfuffle

News, Somruedi Banchongduang, Published on 10/06/2025

» Auto leasing business operators have shown varying levels of readiness to comply with the Bank of Thailand's regulations following a recent amendment to a royal decree on auto hire-purchase businesses.

BUSINESS

SCB prepared to withstand tariff impact

Business, Somruedi Banchongduang, Published on 06/06/2025

» Siam Commercial Bank (SCB) believes it is properly positioned to withstand tariff-related uncertainties following a stress test mandated by the Bank of Thailand.

PROPERTY

Chinese condo purchases likely depressed this year

Somruedi Banchongduang, Published on 07/04/2025

» Condo transfers from Chinese buyers in Thailand are expected to remain at less than 40% of foreign transfers for the second consecutive year, as tourism from the nation softens and the recent earthquake dents confidence, according to Krungthai Compass, the research centre under Krungthai Bank.

BUSINESS

Tourism set to capitalise on man-made destinations

Business, Somruedi Banchongduang, Published on 14/01/2025

» Man-made tourist destinations could be a key factor in driving up income for Thailand's tourism sector and supporting the country's economy in the long term, according to Krungthai Compass, a research centre under Krungthai Bank (KTB).

BUSINESS

Thai household debt climbs to 104% of GDP

Business, Somruedi Banchongduang, Published on 09/01/2025

» Thailand's household debt including informal loans has reached 104% of gross domestic product (GDP), which is expected to pressure economic growth, according to a report released by a private sector panel.