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INVESTMENT

Gulf quashes KBank takeover rumour as stake increases

Business, Somruedi Banchongduang, Published on 26/04/2024

» Gulf Energy Development clarified that it has no plans to take over Kasikornbank (KBank), attributing its recent increased shareholding in the bank solely to its pursuit of investment gains.

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INVESTMENT

MPC calls for human capital investment

Business, Somruedi Banchongduang, Published on 23/01/2024

» Thailand needs human capital investment for sustained growth in the long term amid the sluggish economy post-pandemic, says a member of the Bank of Thailand's Monetary Policy Committee (MPC).

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INVESTMENT

UOB joins Board of Investment to encourage outlays

Business, Somruedi Banchongduang, Published on 12/01/2024

» UOB Thailand is ready to support clients in both inbound and outbound investment in Southeast Asia, with rapid growth of foreign direct investment (FDI) expected for the region.

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INVESTMENT

BBL, The Mall offer co-branded cards

Business, Somruedi Banchongduang, Published on 26/10/2023

» Bangkok Bank (BBL) aims to expand its retail banking business via a collaboration with The Mall Group Co, offering a full range of financial services to the large corporation.

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INVESTMENT

Interest income to drive banking profits

Business, Somruedi Banchongduang, Published on 19/10/2023

» Kasikorn Research Center (K-Research) expects total net banking profits to rise to around 190 billion baht for the first nine months of this year, supported by rising interest income in line with policy rate hikes.

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INVESTMENT

KBank spins off investment business

Somruedi Banchongduang, Published on 03/08/2023

» Kasikornbank (KBank) is spinning off its investment business to a new entity with the aim of making profits of 5 billion baht over the next three years, paving the way for new S-curve business in the long run.