Showing 31-40 of 119 results
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KBank seeks stake in Indonesia's PT Bank Maspion
Business, Somruedi Banchongduang, Published on 31/05/2022
» Kasikornbank (KBank) is to buy a major stake in Indonesia-based PT Bank Maspion Indonesia Tbk to strengthen its regional banking business.
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KBank sets out ambitious regional growth targets
Business, Somruedi Banchongduang, Published on 03/12/2021
» Kasikornbank (KBank) aims to be a regional digital banking player, with a target of 10 million users and foreign banking income making up 5% of total net income.
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BoT positive on provinces
Business, Somruedi Banchongduang, Published on 12/11/2021
» Regional and provincial economic activities have been picking up after the country's reopening and the positive momentum is expected to be carried on in the remaining period of this year, says an executive at the Bank of Thailand (BoT).
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Foreign speculators pressure baht
Business, Somruedi Banchongduang, Published on 21/10/2021
» Foreign investors have been heavily speculating on the baht as Thailand's twin deficits this year have pressured the local currency to weaken.
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Investors tally record outflows in Q4
Business, Somruedi Banchongduang, Published on 30/06/2021
» Thai investors posted record net portfolio outflows in the fourth quarter last year after the Bank of Thailand relaxed offshore investment regulations as part of its foreign exchange (forex) ecosystem policy to manage the baht.
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Survey suggests hotels lacking liquidity
Business, Somruedi Banchongduang, Published on 06/07/2021
» The remaining liquidity of most hotel operators means they will be able to cover operation costs for less than three months, a Bank of Thailand (BoT) survey suggests.
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Money changers feeling the pinch
Business, Somruedi Banchongduang, Published on 16/06/2021
» Fifty-seven money changers closed their operations over the past year, while the volume of money exchanged plunged by over 600%, mainly due to the country's suspension of cross-border travel amid the Covid-19 pandemic.
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KBank setting up branch in Vietnam
Business, Somruedi Banchongduang, Published on 09/02/2021
» Kasikornbank (KBank) is planning to open a branch in Vietnam's Ho Chi Minh City to expand the scope of its regional banking business in a high-growth economy, covering all loan segments.
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B820bn for BCG economy projects
Business, Somruedi Banchongduang, Published on 10/02/2021
» Thailand has to invest 820 billion baht over the next five years if the country is to follow the principle of the bio-circular green (BCG) economy to rev up eco-friendly businesses and innovations, says Krungthai Compass.
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Banks emphasise debt rejig, assets
Business, Somruedi Banchongduang, Published on 02/11/2020
» Local commercial banks are concentrating on debt restructuring and asset quality rather than business growth amid fragile economic conditions that could linger into next year.
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