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  • BUSINESS

    Year of turbulence

    Asia focus, Published on 31/12/2018

    » Two unpredictable men with weird haircuts and access to nuclear weapons had a friendly chat in Singapore -- and that was just one of the many noteworthy stories of 2018. Elsewhere in Asia, we witnessed some surprising political developments (Malaysia) and not-so-surprising ones (Cambodia), along with what seemed to be a disturbingly high number of natural disasters. Many see the latter as a manifestation of the growing impact of climate change, and it's a debate that is bound to intensify in the year ahead. Below, Asia Focus looks back on the eventful year now ending.

  • BUSINESS

    LH founder surprised by DSI summons

    Business, Published on 19/05/2017

    » Land and Houses Plc (LH), one of the country's largest housing developers, is playing down the Department of Special Investment (DSI) summons of its founder and major shareholder, Anant Asavabhokin, to answer money-laundering charges over land sales tied to an embezzlement case.

  • BUSINESS

    Uncage the fintech tigers in Thailand

    Business, Published on 22/05/2018

    » There is a long way to go before Asian financial technology tigers can roar on the global stage and Thailand is no exception. Innovation is moving fast and regulators are struggling to keep up, which means people in Thailand are missing out on useful fintech innovations that Europeans have been benefiting from for years: whether in money remittance, wealth management or business banking.

  • 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

    KTB chief to impose discipline

    Business, Wichit Chantanusornsiri, Published on 07/01/2019

    » Krungthai Bank's board of directors has delegated KTB chief executive Payong Srivanich to take responsibility for proceeding with disciplinary actions against several of the bank's executives and employees who were found to be implicated in extending loans to Energy Earth Plc.

  • BUSINESS

    Banking on transformation

    Asia focus, Chiratas Nivatpumin, Published on 19/11/2018

    » The rise of blockchain technology, quantum computing, artificial intelligence (AI) and digital currencies will completely transform how banks operate in the future, according to William Winters, group chief executive for Standard Chartered Bank.

  • BUSINESS

    Token gestures

    Asia focus, Erich Parpart, Published on 30/04/2018

    » Visa, the world's largest payment network, and archrival Mastercard are championing digital tokens as a new and safer option in Asia, where people under age 30 are the driving force toward rapid adoption of digital payment.

  • BUSINESS

    ICOs get 30 extra days to inform SEC

    Business, Wichit Chantanusornsiri, Published on 29/03/2018

    » A draft version of a royal decree regulating transactions related to digital assets will grant issuers of initial coin offerings (ICOs) 90 days to inform the Securities and Exchange Commission (SEC) of their plans before the law takes effect.

  • BUSINESS

    Draft decree on digital assets approved

    Business, Published on 28/03/2018

    » The cabinet approved a draft of a royal decree Tuesday to regulate digital-asset-related transactions endorsed by the Council of State.

  • 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.

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