Showing 1 - 6 of 6
Krungthai Bank trims NPL rate to 2.7% this year
Business, Nuntawun Polkuamdee, Published on 27/11/2025
» Krungthai Bank (KTB) has exercised careful asset management, enabling the state-owned bank to reduce its non-performing loans (NPLs) excluding government-assisted contracts from 4.4% of the portfolio in 2020 to just 2.7% in the first nine months of this year, say executives.
Is USDT used for money laundering?
Business, Nuntawun Polkuamdee, Published on 09/11/2024
» At the peak of investigations into iCon Group's alleged fraud late last month, the Anti-Money Laundering Office checked the money trail of 247 million USDT, a cryptocurrency, worth more than 8 billion baht, suspecting the direct sales firm laundered funds through the popular stablecoin.
Lingering bank worries keep lid on Asian shares
Business, Nuntawun Polkuamdee, Published on 25/03/2023
» RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.
Investors desert Binance
Business, Nuntawun Polkuamdee, Published on 15/12/2022
» Thai cryptocurrency pundits are recommending investors withdraw digital assets from Binance amid a run on the world's largest crypto exchange, moving their money to a safer crypto exchange in Thailand regulated by the Securities and Exchange Commission (SEC).
US-Iran flare-up could enhance gold's lustre
Business, Nuntawun Polkuamdee, Published on 13/01/2020
» Gold prices could break through the US$1,600 threshold if US-Iran geopolitical tensions flare up again, with future gains dependent on the conflict's outcome, gold traders say.
World Bank predicts swelling poverty
Business, Nuntawun Polkuamdee, Published on 21/12/2018
» Farmers and retirees are likely to join the ranks of those categorised as in poverty next year because of low earnings, depressed farm prices and high household debt, says the World Bank.