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Search Result for “cimb”

Showing 1 - 10 of 340

BUSINESS

CIMBT predicts H2 gains after government forms

Business, Nareerat Wiriyapong, Published on 13/02/2026

» The Thai economy will start to recover in the second half of 2026, depending on how soon the new members of parliament are endorsed, as the Bank of Thailand is unlikely to cut interest rates for the entire year in order to prop up economic growth, says CIMB Thai Bank (CIMBT).

BUSINESS

Economists outline most urgent tasks

Business, WICHIT CHANTANUSORNSIRI and Somruedi Banchongduang, Published on 10/02/2026

» Urgent priorities of the new government are to ease the cost-of-living burden on the public, find markets for SME products and push ahead with policies promised during the election campaign, economists say.

BUSINESS

E-savings gain appeal as interest rates edge lower

Business, Somruedi Banchongduang, Published on 26/01/2026

» As interest rates continue to decline, e-savings deposit accounts are emerging as an attractive option for younger Thais looking to take their first steps towards saving.

BUSINESS

AI boom is turning Malaysia’s palm oil estates into data centres

Bloomberg News, Published on 19/11/2025

» KUALA LUMPUR — Malaysia’s palm oil giants, long-blamed for razing rainforests, fuelling toxic haze and driving orangutans to the brink of extinction, are recasting themselves as unlikely champions in a different, potentially greener race: the quest to lure the world’s artificial intelligence (AI) data centres to the Southeast Asian country.

BUSINESS

GC Sets 4.40% Interest for Hybrid Debentures

Published on 06/11/2025

» PTT Global Chemical Public Company Limited (GC), a global leader in the chemical industry and the chemical flagship of PTT Group, has officially announced the interest rate for its Thai Baht-Subordinated Hybrid Debentures with the issuer’s right to early redemption (“Subordinated Hybrid Debentures”) at 4.40% per annum for the first five years and six months. The public offering is expected to take place during 27–28 November and 1–3 December 2025, through 12 financial institutions.

BUSINESS

CIMBT targets higher bancassurance revenue

Business, Somruedi Banchongduang, Published on 05/11/2025

» CIMB Thai Bank (CIMBT) wants to strengthen its bancassurance business to support fee-based income, offsetting sluggish loan growth.

BUSINESS

Thai listed banks’ earnings rise12% in Q3

Business, Somruedi Banchongduang, Published on 23/10/2025

» SET-listed banks recorded 12% year-on-year earnings growth in the third quarter of this year, supported by higher fee-based income despite a decline in interest income and loan contraction.

BUSINESS

GC Issues New Hybrid Debentures to Bolster Growth

Published on 17/10/2025

» PTT Global Chemical Public Company Limited (GC), a global leader in the chemical business and the chemical flagship of PTT Group, has announced its plan to issue new Thai Baht-subordinated hybrid debentures. The debentures are expected to be offered to the general public through a Public Offering (PO) in late 2025 as part of GC’s ongoing Deleveraging Programme. The initiative aims to strengthen the company’s long-term capital structure, enhance financial flexibility, and ensure readiness amid global economic and geopolitical challenges — driving GC towards high-value, low-carbon sustainable growth.

BUSINESS

MR. D.I.Y. sets IPO offer price

Nuntawun Polkuamdee and Kuakul Mornkum, Published on 16/10/2025

» MR. D.I.Y. Holding (Thailand) Plc (MRDIYT) is poised for listing on the Stock Exchange of Thailand (SET), following Atlas Energy Plc’s successful initial public offering (IPO) earlier this month and its upcoming debut on the bourse, hinting at a fresh wave of initial public offerings (IPOs).

BUSINESS

CIMBT expects to increase hiring of financial advisors

Business, Somruedi Banchongduang, Published on 08/10/2025

» CIMB Thai Bank (CIMBT) plans to expand the number of its independent financial advisors (IFAs) to 500 by the end of this year, amid intensifying competition in the financial advisory profession.