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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.

  • BUSINESS

    Headwinds ahead

    Asia focus, Erich Parpart, Published on 29/04/2019

    » Amid unfavourable external economic conditions and political uncertainties at home, the outlook is dimming for Thailand and other Asian countries facing an export slowdown linked to weak trade and demand growth globally.

  • BUSINESS

    Personal privacy in the balance

    Business, Published on 11/03/2019

    » Data is hailed as the new "oil" of the 21st century, with digitalisation changing the landscape across every segment of society and business. When valuable and personal data can be exploited for personal or corporate gain, there is a need to ensure that personal information is well protected from fraud and mischief.

  • BUSINESS

    BoT urges talks before passbook halt

    Business, Somruedi Banchongduang, Published on 04/01/2019

    » The Bank of Thailand is demanding commercial banks discuss whether they intend to cancel physical passbooks in the future because it wants to ensure banks will offer proper services to customers.

  • 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

    US politics dent sentiment but energy shares lift set

    Business, Published on 22/05/2017

    » Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.

  • 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

    Stocks climb as prospects for fed rate hike recede

    Business, Published on 06/06/2016

    » Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.

  • BUSINESS

    Special mortgages rare at Money Expo

    Business, Somruedi Banchongduang, Published on 08/05/2015

    » Banks are surprisingly not as keen to offer special mortgages at this year's Money Expo, and bankers say this indicates low demand in the property market.

  • BUSINESS

    Banks offering low-rate mortgages to flood victims

    Business, Somruedi Banchongduang, Published on 22/03/2012

    » Banks are offering special mortgage rates for customers in flood-hit areas as they begin to implement the central bank's soft-loan programme.

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