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Search Result for “Philippines”

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GENERAL

Improved economic data in July

Business, Somruedi Banchongduang, Published on 31/08/2024

» Economic data in July improved from the previous month, mainly attributed to exports and tourism, according to the Bank of Thailand.

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GENERAL

Finno Efra preps for listing

Business, Somruedi Banchongduang, Published on 20/08/2024

» Krungsri Finnovate (KFin), the corporate venture capital arm of Bank of Ayudhya (Krungsri), has partnered with EfraStructure Co to launch a private equity trust aimed at supporting local startups and investing in tech startups across Asean.

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INVESTMENT

Foreign investors set to increasingly focus on Asean, Thailand

Business, Somruedi Banchongduang, Published on 06/08/2024

» CIMB Thai (CIMBT) anticipates increased opportunities for foreign direct investment (FDI) in Thailand due to the global trend of relocating manufacturing bases amid heightened US-China trade tensions.

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GENERAL

Even with digital wallet, S&P affirms stable outlook

Business, Somruedi Banchongduang, Published on 17/06/2024

» S&P Global Ratings says it plans to maintain its stable outlook for Thailand's sovereign ratings even if the country implements the digital wallet scheme.

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GENERAL

Krungsri upbeat on outlook for Japanese, multinational loans

Business, Somruedi Banchongduang, Published on 30/04/2024

» Bank of Ayudhya (Krungsri) has set an ambitious loan growth target for its Japanese and multinational corporation (JPC/MNC) banking business this year, despite experiencing a loan contraction in this segment last year.

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GENERAL

Thai banks eye regional expansion

Business, Somruedi Banchongduang, Published on 16/04/2024

» Driven by the growth potential of Asean economies, large local banks are likely to see significant opportunities to expand their regional business and enhance their revenue prospects, according to Fitch Ratings Thailand.