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BUSINESS

GSB aims for the top of mobile service segment

Business, Published on 20/11/2017

» As digital banking becomes the new battleground for banks to compete for customers, state-owned Government Savings Bank (GSB) has set its sights to be among the top three mobile banking service providers by number of users in the next two years and the largest in the next five years.

BUSINESS

SET has best week of year as Pyongyang rattles investors

Business, Published on 04/09/2017

» Recap: Another missile launch by North Korea and Hurricane Harvey in the US shook global capital markets as investors reallocated assets, shifting to safe havens such as gold and bonds, as well as equities in Asian emerging markets including Thailand. Previously the worst performer among emerging market peers, the SET had its highest weekly percentage gain of the year.

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BUSINESS

TCG to push for more help for SMEs

Business, Published on 04/09/2017

» The state-owned Thai Credit Guarantee Corporation (TCG) will discuss a new portfolio guarantee scheme (PGS) worth 150-200 billion baht with the Finance Ministry in early October. The scheme is meant to allow small businesses continued access to bank loans amid the uneven economic recovery.

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BUSINESS

Share investors tread cautiously ahead of Fed meeting

Business, Published on 24/07/2017

» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.

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BUSINESS

BoT tightens belt on consumer loans

Business, Published on 30/06/2017

» The Bank of Thailand is set to announce tighter regulations governing unsecured loans next month as part of its effort to discourage consumers, particularly low-income earners, from accumulating further debt.

BUSINESS

Worries about korea and france keep trade subdued

Business, Published on 24/04/2017

» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.

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THAILAND

Bitten by the bitcoin bug

Spectrum, Published on 19/03/2017

» Atit Lertkiatpanit does not carry bundles of banknotes, but his wealth is assured by his digital wallet. The 26-year-old entrepreneur is an active cryptocurrency investor. He remains unfazed by the fact that bitcoins are not recognised by the Bank of Thailand. He started collecting bitcoins a couple of years ago and the intangible currency now accounts for 70% of his portfolio.

BUSINESS

Dollar revival takes shine off asia stocks

Business, Published on 14/02/2017

» Recap: Asian markets fell early last week amid worries about Donald Trump's protectionist stance, uncertainty about France's political outlook, another crisis brewing in Greece and falling oil prices. However, sentiment picked up following Wall Street's climb to record highs after President Trump said he planned to overhaul business taxes. The Thai stock market see-sawed, with profit-taking keeping the SET Index in check while buying ahead of corporate earnings and dividend season limited the downside.

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THAILAND

What happened to my dead brother?

Spectrum, Published on 27/11/2016

» James Hughes was found dead in a Hua Hin hotel room on Sept 6 after having disappeared on Aug 5. He was 58 and his cause of death was given as "circulatory failure". But when brother David Hughes received an autopsy report a month later, he was convinced that something major was being covered up.

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BUSINESS

Fighting cyberthieves

Business, Somruedi Banchongduang, Published on 03/10/2016

» Sending money and paying utility bills used to require a trip down to the bank during office hours. Today, thanks to smartphones and tablets, those same tasks can be done anytime and anywhere through websites or mobile financial apps.