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Search Result for “billion baht”

Showing 1 - 10 of 43

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MOTORING

Rever Leasing aims to lead EV loan market

Somruedi Banchongduang, Published on 17/04/2024

» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.

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GENERAL

Virtual bank applications to open in March

Business, Somruedi Banchongduang, Published on 01/03/2024

» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.

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BUSINESS

Bitkub seeks local partner for overseas expansion

Business, Nareerat Wiriyapong, Published on 26/11/2022

» Bangkok-based Bitkub Capital Group Holdings Co has been in talks with prospective local partners in Southeast Asia regarding plans to expand beyond Thailand next year, says founder and group chief executive Jirayut Srupsrisopa.

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BUSINESS

Siam Commercial Bank's purchase of crypto exchange Bitkub stalled

Published on 01/08/2022

» A deal to sell a majority stake in Thailand’s largest crypto exchange to the nation’s oldest bank remains stuck in due diligence more than eight months after the plan was unveiled, according to the platform’s co-founder.

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BUSINESS

Prices drop amid competition in express delivery segment

Business, Suchit Leesa-nguansuk, Published on 19/07/2022

» Competition in the express delivery segment is expected to intensify later this year with some operators now employing a price cut strategy to attract customers as fuel prices are cooling down.

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BUSINESS

Ascend Money eyes Asean lead, growth in South Asia

Business, Published on 07/12/2021

» Ascend Money, a digital payment and financial service unicorn of Charoen Pokphand Group's online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia.

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BUSINESS

New eatsHUB boasts low commission rate

Business, Komsan Tortermvasana, Published on 23/08/2021

» Given mounting complaints about unfair treatment by major food delivery platforms towards restaurants and drivers, the Digital Economy Promotion Agency (Depa) plans to address the problem.

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BUSINESS

New food delivery apps seeking a bite

Business, Suchit Leesa-nguansuk, Published on 10/06/2020

» Competition in food delivery apps is expected to intensify as a series of newcomers jump into the 35-billion-baht market, with some aiming to leverage customer insights for their other businesses.

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BUSINESS

An impressive showing for M&A

Business, Post Reporters, Published on 28/12/2019

» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.

BUSINESS

Indorama readies B15bn in debentures, eyes sustainability

Business, Published on 09/10/2019

» Indorama Ventures Plc plans to issue 15 billion baht in subordinated perpetual debentures.