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BUSINESS

Cryptocurrencies' total market cap soars to B4bn

Business, Darana Chudasri, Published on 11/01/2021

» Cryptocurrencies' total market capitalisation in Thailand soared to nearly 4 billion baht on Friday, or around 6% of the Stock Exchange of Thailand's (SET) 2020 daily average trade, backed by the continuous price surges of bitcoin and other digital currencies.

BUSINESS

E-payment sees fast growth

Business, Darana Chudasri, Published on 07/05/2020

» TrueMoney Wallet, the largest electronic purse, saw leapfrog growth in March in terms of online payment and new customer acquisition as the viral outbreak ushered in a change in consumers' spending patterns.

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BUSINESS

KBank allots B5bn for digitisation plan

Business, Darana Chudasri, Published on 07/11/2019

» Kasikornbank (KBank) is pursuing an ambitious digitisation strategy, with a plan to invest about 5 billion baht yearly in technology like data analytics and online lending to future-proof its business from technological disruption.

BUSINESS

ASP touts Israeli tech startups

Business, Darana Chudasri, Published on 13/09/2019

» Wealthy investors are advised to look at Israeli tech startups, which are well known for developing sophisticated innovations, says Asia Plus Group Holdings (ASP).

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BUSINESS

BLS advises buying overseas assets until baht weakens

Business, Darana Chudasri, Published on 16/07/2019

» Investors are advised to shift their holdings into overseas assets amid the strengthening baht until the local currency starts to depreciate towards the end of 2019, says Bualuang Securities (BLS).