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Search Result for “exchange”

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BUSINESS

Asian trade subdued as economic outlook weakens

Business, Published on 13/05/2023

» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

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BUSINESS

Exports seen contracting 10% y/y in Q1

Reuters, Published on 04/04/2023

» Thailand's exports are likely to show a contraction of 10% in the first quarter of this year from a year earlier, bigger than a previous forecast drop of 8%, the country's shippers' council said on Tuesday.

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BUSINESS

Taking a deep dive into the baht rebound

Business, Janine Phakdeetham, Published on 03/08/2022

» The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.

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BUSINESS

BoT eyes higher bank capital reserves

Business, Somruedi Banchongduang, Published on 25/03/2022

» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.

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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.

BUSINESS

Delay in panel formation hampers preparedness for Personal Data Protection Act

Business, Suchit Leesa-nguansuk, Published on 23/09/2020

» The delay in the official endorsement of those sitting on the Personal Data Protection Committee is expected to hinder preparedness by the private and public sectors, which need guidelines to comply with the Personal Data Protection Act (PDPA).

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BUSINESS

Thailand 'poised to soar'

News, Chatrudee Theparat, Published on 19/06/2020

» Thailand is poised to soar in the global market with heightened investment attraction and a massive budget earmarked to rejuvenate the economy in the fourth quarter, as the Covid-19 pandemic eases, according to Deputy Prime Minister Somkid Jatusripitak.

BUSINESS

KBank mulling sizeable stake in Myanmar's A Bank

Business, Published on 15/01/2020

» Kasikornbank (KBank) wants to expand its footprint in Myanmar, acquiring a sizeable stake in a bank there.

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BUSINESS

Rate cut impact limited

Business, Published on 05/12/2019

» Thailand's financial conditions were tighter than the historical average in the third quarter this year despite a policy rate cut by the Monetary Policy Committee (MPC) in August. This reflected persistent baht appreciation, an increase in corporate spreads and a slowdown in corporate borrowing and commercial bank loan growth.

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BUSINESS

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.