Showing 51 - 57 of 57
Shaping the wealth
Asia focus, Nareerat Wiriyapong, Published on 18/11/2019
» � These are exciting times for Asia's wealth market. The global economic centre of gravity has shifted to the region, which has now become the wealth creation centre of the world. A report issued in June by Boston Consulting Group (BCG) projected that wealth in Asia excluding Japan would expand by 9.4% from 2018 to 2023.
Central bank plans steps to curb strong baht
Reuters, Published on 10/10/2019
» Thailand is not in recession but growing below potential and the central bank is ready to take action if needed, while there are also plans for further measures to curb the baht's strength, central bank and government officials said on Thursday.
Time to concentrate on defensive sectors
Business, Published on 05/10/2019
» Positive factors in October: Expect the cabinet to announce more stimulus spending packages this month in an attempt to spur more economic activity before the year-end. The cabinet has already accelerated work on 44 large-scale projects worth a combined 1.94 trillion baht and introduced the "Chim Shop Chai" programme to boost spending power and lend support to the tourism sector.
Little scope for upside at current valuations
Business, Published on 21/09/2019
» We remain cautious about the macroeconomic outlook through the end of this year and into next year, given potential fallout from the Sino-US trade conflict on the global economy. Despite investor hopes for successful trade talks, the current market valuation doesn't seem to offer much scope for upside, even under the scenario of negotiations making progress (actual resolution seems unlikely at this stage).
Magnetic card cancellation delay planned
Business, Somruedi Banchongduang, Published on 05/09/2019
» The Thai Bankers' Association (TBA) plans to seek the central bank's approval to put off the regulator's deadline to cancel the use of magnetic-stripe ATM and debit cards until early next year from the end of this year.
BX to stop services at month's end
Business, Published on 03/09/2019
» Bitcoin Co Ltd (bx.in.th), Thailand's largest digital asset exchange, will cease its operations at the end of this month "to focus on other business opportunities", igniting a price slump for digital assets traded on the exchange.
GH Bank has high-income earners in sight
Business, Published on 21/08/2019
» The head of GH Bank wants it to lend to high-income earners, putting it on a level playing field with commercial banks and broadening borrowers' alternatives.