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BUSINESS

Thailand keen to host global financiers

Business, Somruedi Banchongduang, Published on 05/12/2025

» Authorities are upbeat about hosting the IMF-World Bank Annual Meetings 2026, hoping it will reinforce foreign confidence in Thailand's solid economic fundamentals.

SUSTAINABILITY

Banks help sugar farmers combat PM2.5

Business, Somruedi Banchongduang, Published on 28/04/2025

» The amount of PM2.5 air pollution has increased in Thailand in recent years, driven by multiple factors such as industrial manufacturing, the widespread use of internal combustion engine-powered vehicles, and the open burning of garbage and agricultural crop residue.

BUSINESS

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.

BUSINESS

Apec summit expected to generate B600bn

Business, Somruedi Banchongduang, Published on 22/12/2022

» An industry council estimates the Apec Summit 2022 held in Bangkok last month will generate 500-600 billion baht in benefits for Thailand's economy over the next 3-5 years.

BUSINESS

SCB unscathed by Mae Manee scam

Business, Somruedi Banchongduang, Published on 31/10/2019

» Even though the multi-billion-baht Mae Manee Ponzi scheme used the same name as a character Siam Commercial Bank (SCB) uses to build customer awareness, the bank insists its reputation has not been affected as victims recognise the difference between the investment fraud scheme and the bank.

BUSINESS

Digital Ventures secures fresh funds for China plays

Business, Somruedi Banchongduang, Published on 08/11/2018

» Digital Ventures Co Ltd (DV), a corporate venture capital arm of Siam Commercial Bank, has raised a further US$50 million (1.64 billion baht) in funds for technology investment in China.

BUSINESS

The far corners of banking

Business, Somruedi Banchongduang, Published on 31/07/2018

» As the high-income market approaches saturation, Kasikornbank (KBank) is shifting its customer acquisition focus to the lower-income segment, where strong demand for financial services remains.