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  • BUSINESS

    Banks urged to cash in on CLMV growth

    Business, Pathom Sangwongwanich, Published on 13/06/2016

    » Thai banks have more room to penetrate neighbouring countries' banking sectors, with ample opportunities for loan growth and risk diversification, says an executive specialising in principal investments.

  • BUSINESS

    Care and feeding of a fragile economy

    Business, Published on 08/10/2018

    » Raising the policy interest rate at a time when the country's economy remains vulnerable could stall a recovery towards sustained growth, warns Finance Minister Apisak Tantivorawong.

  • 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

    Adapt or die fighting the giants

    Business, Published on 25/09/2017

    » Thai banks have one to two years to adapt to the disruptive digital platform, which is changing the way people spend, live and make payments, as they face a do-or-die scenario regarding technology, warns Siam Commercial Bank's (SCB) chief marketing officer Thana Thienachariya.

  • 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.

  • BUSINESS

    Syria and Trump-Xi talks keep investors on sidelines

    Business, Published on 10/04/2017

    » Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.

  • 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.

  • BUSINESS

    US elections to strengthen dollar

    Business, Published on 21/09/2016

    » The baht is expected to retreat to 36 to the dollar in the next 6-12 months on anticipation the greenback will strengthen after the US presidential election in November, say strategists at Credit Suisse.

  • BUSINESS

    Staying in shape

    Asia focus, Umesh Pandey, Published on 01/06/2015

    » Asian banks remain healthy and have managed to avoid the ongoing problems faced by some multinationals that have been divesting assets left, right and centre, say some of the region's top finance executives.

  • LEARNING

    A robber in pink

    Terry Fredrickson, Published on 19/06/2013

    » A pink raincoat is not the normal choice for a robber, but this was no ordinary thief. Not only did he steal 2200 baht from a Phuket convenience store on Tuesday, but returned minutes later leaving a 10-baht coin on the counter.

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