Showing 41-50 of 140 results
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Credit card spending headed for 2020 decline
Business, Somruedi Banchongduang, Published on 13/08/2020
» Annual credit card spending is expected to contract this year because of the coronavirus crisis, particularly for outbound spending, due to the government's prohibition on cross-border travel.
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SCB launches China platform
Business, Somruedi Banchongduang, Published on 19/03/2020
» Siam Commercial Bank (SCB) and China's e-commerce giant JD.com have jointly launched an e-commerce platform to open more opportunities for Thai small-business operators to access the Chinese market.
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BAY cuts a deal to gain access to Grab clients
Business, Somruedi Banchongduang, Published on 24/02/2020
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, will take part in parent Mitsubishi UFJ Financial Group's (MUFG's) massive investment deal in Grab, in a move to gain greater access to customers through the Southeast Asian ride-hailing giant's platform.
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Bank of Thailand considering licences for digital-only banks
Business, Somruedi Banchongduang, Published on 27/01/2020
» The Bank of Thailand is studying licences for digital banks, a tool meant to enhance financial inclusion and keep pace with consumer needs in the digital age, says a senior official.
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Thai banks spread QR code in Asean
Business, Somruedi Banchongduang, Published on 10/02/2020
» Thailand is set to kick off cross-border payment via QR code technology in Asean by mid-year, aiming to enhance financial transactions through the digital platform across the region.
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Kasikorn-Line offers loan options for unbanked
Business, Somruedi Banchongduang, Published on 22/11/2019
» Kasikorn-Line, a joint venture of Kasikornbank and Line Corporation, plans to roll out personal loans and nanofinance on the Line platform in mid-2020, aiming for millions of borrowers in the initial stage.
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Cashless movement picks up steam
Somruedi Banchongduang, Published on 01/08/2019
» Online payments are growing exponentially as banks and tech firms enter the segment
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Cashless movement picks up steam
Business, Somruedi Banchongduang, Published on 01/08/2019
» While cash remains king in Thailand, dominating 90% of the country's total payment value, exponential growth in online payments after banks waived digital transaction fees and a consumer shift towards digital platforms suggest the notion of a cash-free society is gathering steam.
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SCB Life Assurance stake sold in deal worth B92.7bn
Business, Somruedi Banchongduang, Published on 07/08/2019
» Siam Commercial Bank (SCB) will gradually realise income over 15 years from selling the majority stake in subsidiary SCB Life Assurance, plus a 15-year bancassurance agreement, worth 92.7 billion baht, its chief says.
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BBL propels QR service regionally
Business, Somruedi Banchongduang, Published on 24/07/2019
» Bangkok Bank (BBL), Thailand's largest international banking network provider, has expanded its digital footprint in Asia by rolling out cardless QR codes in several countries.
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