Showing 1-10 of 17 results
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PromptPay usage hits record high in 2023
Business, Somruedi Banchongduang, Published on 12/04/2024
» Financial transactions via PromptPay, Thailand’s national electronic payment platform, tallied a new high last year, while cash transactions posted a notable decline.
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Yuan loans likely to rise for Thai firms
Business, Somruedi Banchongduang, Published on 03/02/2024
» HSBC Thailand expects higher demand for yuan borrowing from large Thai corporates, in line with positive growth of cross-border trade and investment between Thailand, China and Hong Kong.
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K-Asset establishes partnership with JPMAM
Business, Somruedi Banchongduang, Published on 11/01/2024
» Kasikorn Asset Management (K-Asset) is partnering with J.P. Morgan Asset Management (JPMAM) to expand its mutual fund business in the Thai market in line with the positive growth of the Thai wealth segment.
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Post forum tackles banking digitisation
News, Somruedi Banchongduang, Published on 03/10/2023
» Digitisation would catalyse Thai economic growth and increase efficiency in the banking sector, says chief of Citibank Thailand.
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Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
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BoT urges upgrade of Thailand's durian production
Business, Somruedi Banchongduang, Published on 30/05/2023
» Thailand needs to improve its durian production to remain the top exporter amid tougher competition over the next five years, according to a Bank of Thailand report.
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Exploring efforts to ease dollar volatility
Business, Somruedi Banchongduang, Published on 24/05/2023
» Regulations have limited growth of yuan-baht trade payment even as the central banks of Thailand and China have encouraged local currency settlement for quite some time.
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LGT foresees long-term growth in Thailand
Business, Somruedi Banchongduang, Published on 09/03/2023
» LGT Private Banking, an international private bank owned by the House of Liechtenstein, plans to continue growing business in Thailand over the longer term as it foresees greater opportunities here.
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BBL eager to maintain international loan ratio
Business, Somruedi Banchongduang, Published on 07/11/2022
» Bangkok Bank (BBL) plans to maintain the loan proportion of its international banking business at the existing level of 24-25% of total loans for the next few years, despite the high growth potential of regional markets.
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Bank of Thailand continues push for digital currency
Business, Somruedi Banchongduang, Published on 29/10/2022
» The Bank of Thailand (BoT) plans to take more time to develop its retail central bank digital currency (CBDC) to ensure it offers additional benefits to the financial system with good risk management.
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