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Search Result for “data centre operations”

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BUSINESS

Capital return focus intensifies at ttb

Business, Somruedi Banchongduang, Published on 23/04/2026

» TMBThanachart Bank (ttb) has expanded its share repurchase programme to 35 billion baht and extended the scheme for three years as part of its financial management strategy amid sluggish loan growth.

BUSINESS

Electric vehicles fuel Tisco auto loan growth in Q1

Business, Somruedi Banchongduang, Published on 21/04/2026

» Tisco Financial Group, the holding company of Tisco Bank, reported positive auto loan growth in Thailand in the first quarter of 2026, mainly driven by an increase in electric vehicle (EV) sales.

BUSINESS

BBL maintains loan growth target amid global volatility

Business, Somruedi Banchongduang, Published on 20/04/2026

» Bangkok Bank (BBL) expects crude oil prices to remain elevated despite an eventual end to the war in the Middle East, while encouraging local businesses to accelerate their transition to alternative energy.

BUSINESS

SCB X focuses on tech as conflict drives up costs

Business, Somruedi Banchongduang, Published on 18/04/2026

» SCB X, the financial technology group and holding company of Siam Commercial Bank (SCB), has locked in low-cost technology investments ahead of a broader rise in expenses driven by the ongoing conflict in the Middle East.

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.

BUSINESS

Banks urged to aid struggling borrowers

Business, Somruedi Banchongduang, Published on 09/04/2026

» The Bank of Thailand (BoT) has urged banks to provide financial assistance to borrowers affected by sluggish economic conditions amid rising energy prices.

BUSINESS

Banks raise reserves to deal with effects of war

Somruedi Banchongduang, Published on 01/04/2026

» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.

BUSINESS

Crude prices test GDP, inflation goals

Business, Somruedi Banchongduang, Published on 27/03/2026

» The government is advised to adopt a managed float approach to deal with energy prices amid expectations that domestic diesel prices could reach 60 baht per litre.

BUSINESS

Baht set to fall further amid Mideast wartime pressures

Business, Somruedi Banchongduang, Published on 24/03/2026

» The baht is expected to depreciate to 33.50 per US dollar this week after testing a nine-month low of 33 on Monday, amid heightened uncertainties surrounding the conflict in the Middle East.