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Search Result for “exchange”

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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

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.

BUSINESS

Equities hit by us interest rate speculation again

Business, Published on 05/09/2016

» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.

BUSINESS

Set stalls despite high turnover, global optimism

Business, Published on 10/11/2014

» Recap: US and European markets surged last week. The Dow Jones Industrial Average hit a new high, buoyed by signals from the European Central Bank (ECB) signal that it stands ready to introduce more economic stimulus measures if necessary.

ADVANCED NEWS

Condo bubble danger ahead?

Jon Fernquest, Published on 21/06/2013

» As foreign capital flowed into Thailand recently, many feared stock & real estate prices were far above true value, a bubble ready to burst...

THAILAND

Paiboon Wattanasiritham dies

Online Reporters, Published on 09/04/2012

» Paiboon Wattanasiritham, former deputy prime minister and well-known social worker, died of pancreatic cancer on Monday afternoon at the age of 71, doctors at Chulalongkorn Hospital said.

ADVANCED NEWS

Eternal youth for 100 year old bank

Jon Fernquest, Published on 12/09/2011

» 100 years old, the Government Savings Bank is becoming young again, helping rural communities, with only 1.1% non-performing loans,

ADVANCED NEWS

How industries gain and lose in the short-run with rising Thai baht

Jon Fernquest, Published on 18/10/2010

» Like a gigantic tsunami wave crossing the Pacific Ocean, US dollar depreciation is causing currency appreciation in Asian currencies. A major global currency realignment is underway.