Showing 1-10 of 289 results
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ASEAN, Thailand Win in Global Trade Shifts
Published on 11/04/2024
» Southeast Asia stands to benefit from slowing trade between China and the West and geopolitical tensions are favourable for Asean which is emerging as an important alternative to China in trade and investment.
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Mazars Enhances Business Valuations with ESG Integration
Published on 10/04/2024
» In response to the growing recognition of sustainability's profound impact on business valuation, Mazars is introducing pragmatic advisory service designed to empower businesses of all sizes to take into account the Environmental, Social, and Governance (ESG) principles into their valuation processes. This comprehensive service, tailored for organizations of all sizes including private startups and SMEs, acknowledges the evolving landscape where sustainability concerns increasingly influence cash flow estimates and overall business value.
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Land and Houses Financial Business Group Earns AAA Upgrade from TRIS Rating
Published on 03/04/2024
» Mr. Shih, Jiing-Fuh, President of LH Financial Group Public Company Limited (LHFG) and CEO and President of Land and Houses Bank Public Company Limited (LH Bank), revealed that Land and Houses Financial Business Group consisting of LHFG and LH Bank has been upgraded by TRIS Rating as follows: TRIS Rating upgrades the company rating on LHFG to “AA+/Stable” from “A-/Stable”. TRIS Rating upgrades the company rating on LH Bank to “AAA/ Stable” from “A/Stable”. At the same time, TRIS Rating upgrades the rating on LH Bank’s outstanding Basel III Tier 2 capital securities to “AA” from “BBB+”.
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Five Star Celebrates 40 Years of Entrepreneurial Success
Published on 21/03/2024
» Five Star, a franchise business under the umbrella of Charoen Pokphand Foods Public Company Limited (CP Foods), is celebrating its remarkable four-decade legacy. This milestone highlights its substantial impact on the Thai community, underscored by its pivotal role in promoting entrepreneurship through its franchise business model. The company’s dedication to creating employment opportunities, fostering long-lasting careers, and driving continuous growth within the food sector is evident.
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SCB WEALTH Triumphs with Triple Global Awards
Published on 20/03/2024
» Siam Commercial Bank’s Wealth Banking Group, led by Mr. Sornchai Suneta (CFA) (centre), First Executive Vice President of the SCB Investment Office and Product Function; Ms. Ruttaya Tongrut (third from right), Executive Vice President of Wealth Strategy and Enablement; and Ms. Salisa Hanpanich (third from left), Executive Vice President of Wealth Capability Development, has once again secured three prestigious global awards at the "2023 ASIAN PRIVATE BANKER: 13th Award for Distinction" event. This achievement underscores SCB's leadership in investment excellence and top-tier wealth management services, reaffirming its commitment to delivering unparalleled value to customers. The trio of accolades received includes: 1) Best Domestic Private Bank - CIO Office; 2) Best Domestic Private Bank - Discretionary Portfolio Management; and 3) Best Domestic Private Bank - Digital Innovation and Services. The awards ceremony, hosted by Asian Private Banker, Asia’s premier financial and investment magazine, took place recently at the JW Marriott Hotel, Hong Kong.
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TTB's Responsible Lending Paves Path to Sustainable Banking
Published on 11/03/2024
» Chairman of TMBThanachart (TTB) unveils the 2024 strategic plan, focusing on products and services development through Ecosystem Play, utilising digital channels as the primary platform for developing and managing personalised customer relationships. Aligned with the government’s policy to alleviate Thais’ debt burdens, the TTB strategy underscores Responsible Lending and Transition Finance to assist clients in transitioning to eco-friendly business models. This reinforces the Bank’s commitment to sustainable banking and enhancing the financial well-being of Thai people, with the Bank’s goal of achieving Net-zero Commitment.
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TIDLOR's 2023 Success: High Profit, Low NPL, Tech Leverage
Published on 29/02/2024
» TIDLOR Announces Strong 2023 Performance with Record High Net Profit of 3,790 Million Baht, Maintains Low NPL at 1.45% and Leverages Technological Strength for Sustainable Growth in Both Lending and Insurance Brokerage Businesses.
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KAsset, Lombard Odier Forge Alliance for Sustainable Investments
Published on 27/02/2024
» KASIKORN ASSET MANAGEMENT Co., Ltd. (KAsset), a Kasikornbank (KBank) group company and Lombard Odier, a global wealth and asset manager and a leader in sustainable investing, are pleased to announce the entering of an inaugural Alliance on Sustainability between KAsset and Lombard Odier (Singapore) Ltd (Lombard Odier). Lombard Odier will act as a consulting partner, to assist in strategy formulation and the development of sustainable investment offerings and services to the Thai client market, in conformity with international standards.
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Indonesia’s Economic Vision: A Global Force by 2045
Published on 26/02/2024
» PermataBank CEO Ibu Meliza Rusli outlines Indonesia’s growth drivers and pivotal global trade role, emphasising digitalisation and sustainability.
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UOB Predicts 3.6% Growth for Thailand's Economy
Published on 16/02/2024
» According to UOB, Thailand's economy is expected to start the year slowly as the global economy recovers at a sluggish pace but is poised for a more rapid pickup in the second half of 2024. With a new government, fiscal stimulus packages, sustained tourism recovery, and a rebound in merchandise exports, the bank forecasts Thailand's Gross Domestic Product (GDP) to expand by 3.6 percent this year.
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