Showing 1 - 10 of 15
YouTrip targets 10% growth a year
Business, Somruedi Banchongduang, Published on 04/12/2025
» YouTrip, Asia-Pacific's leading multi-currency travel card, expects to maintain annual growth of 10% over the next three years and is preparing to list on a US stock exchange during that period.
Bangkok Bank, MIT aid SMEs and farmers
Business, Somruedi Banchongduang, Published on 03/11/2025
» Bangkok Bank (BBL) is partnering with the Massachusetts Institute of Technology (MIT), a well-known educational institution, to bring the power of artificial intelligence (AI) and digital innovation to Thai small and medium-sized enterprises (SMEs) and the agricultural sector.
YouTrip eager to grow regional offerings
Business, Somruedi Banchongduang, Published on 10/08/2024
» YouTrip, the Singapore-based fintech firm, is evolving beyond being a travel card service after establishing itself as Southeast Asia's leading multi-currency digital payments platform, demonstrating the fastest growth in the region's business sector.
XPG eyes profit surge next year
Business, Somruedi Banchongduang, Published on 18/08/2021
» SET-listed XSpring Capital (XPG), formerly known as Seamico Securities Plc, expects to gain minimum net profit of 100 million baht this year and is targeting a profit surge next year, in line with strong growth in the digital asset business.
BAY cuts a deal to gain access to Grab clients
Business, Somruedi Banchongduang, Published on 24/02/2020
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, will take part in parent Mitsubishi UFJ Financial Group's (MUFG's) massive investment deal in Grab, in a move to gain greater access to customers through the Southeast Asian ride-hailing giant's platform.
Kasikorn-Line offers loan options for unbanked
Business, Somruedi Banchongduang, Published on 22/11/2019
» Kasikorn-Line, a joint venture of Kasikornbank and Line Corporation, plans to roll out personal loans and nanofinance on the Line platform in mid-2020, aiming for millions of borrowers in the initial stage.
SCB Life Assurance stake sold in deal worth B92.7bn
Business, Somruedi Banchongduang, Published on 07/08/2019
» Siam Commercial Bank (SCB) will gradually realise income over 15 years from selling the majority stake in subsidiary SCB Life Assurance, plus a 15-year bancassurance agreement, worth 92.7 billion baht, its chief says.
Facebook approaches BoT on Libra
Business, Somruedi Banchongduang, Published on 06/07/2019
» The Bank of Thailand will schedule a meeting with Facebook to discuss the social media giant's much-touted Libra cryptocurrency.
FWD buying SCB subsidiary in key deal
Business, Somruedi Banchongduang, Published on 02/07/2019
» SET-listed Siam Commercial Bank (SCB) has entered into a binding agreement to sell 99.2% of subsidiary SCB Life Assurance to insurer FWD Group Financial Services for 92.7 billion baht, marking Southeast Asia's biggest life insurance acquisition deal.
KBank invests $50m in Grab
Business, Somruedi Banchongduang, Published on 09/11/2018
» Kasikornbank (KBank) has splashed US$50 million (1.65 billion baht) for an investment in Grab, Southeast Asia's leading online-to-offline (O2O) platform, to expand its new customer base to taxi drivers.