Showing 1 - 10 of 19
Right on the money
Business, Published on 20/03/2020
» Cash payment growth in Thailand is expected to shrink in the coming years as digital payment transactions expand exponentially, says Bank of Thailand governor Veerathai Santiprabhob.
Baht concerns abound
Business, Published on 02/12/2019
» More than two decades ago, the baht suffered heavy devaluation as a result of speculation, forcing Thailand's central bank to de-link the local currency from the US dollar and adopt a managed floating exchange rate.
Standing steady amid disruption
Business, Published on 25/09/2019
» Siam Commercial Bank (SCB) chief executive Arthid Nanthawithaya has shed light on the next banking business ripe for digitally driven disruption and the century-old bank's path to technological transformation.
Baht surges to 5-year high near 31
Business, Published on 21/02/2019
» The baht soared to its highest level against the dollar in more than five years on Wednesday, on hopes that the US and China would be able to secure a trade deal and avert retaliatory tariffs. Analysts expect the local currency to continue marching past the 31-baht mark.
BoT chief surveys money landscape
Business, Published on 06/12/2018
» The Bank of Thailand has adopted a series of measures over the past few years to block threats to financial stability amid loose monetary policy for an extended period. Governor Veerathai Santiprabhob, however, still sees some areas of concern.
To err is unbankable
Business, Published on 10/09/2018
» Just a month after customer data was reported stolen from Kasikornbank (KBank) and Krungthai Bank (KTB) by unidentified hackers, the local banking sector was dealt another blow on the Aug 31-Sept 1 weekend by an electronic system glitch that lasted several hours, leaving tens of thousands of customers stranded and delaying millions of financial transactions.
BBL to boost mobile capacity
Business, Somruedi Banchongduang, Published on 07/09/2018
» Bangkok Bank (BBL), the country's largest commercial bank by assets, plans to more than double transaction capacity on mobile phones during peak periods by year-end to keep pace with the digital uptick and comply with the Thai Bankers' Association (TBA) agreement.
Playing your cards right
Business, Published on 03/09/2018
» Living within your means is a maxim handed down from one generation to the next, but it can be hard to achieve and easier said than done.
SCB's digital transformation takes shape
Business, Published on 31/08/2018
» Siam Commercial Bank's cost-to-income ratio is expected to peak by the first quarter of next year after hefty investment under the five-year SCB Transformation programme.
Doctor in the house of finance
Business, Published on 24/02/2018
» Six years ago, Rathian Srimongkol made a daring promise to the selection committee during his interview for the top job at Krungthai Card Plc (KTC): to bring the flailing company to a profit of 1 billion baht. The physician-turned-financier not only successfully delivered on that vow a couple of years after taking over, but he's also steered the firm towards record profits through innovative credit card issuance and personal lending.