Showing 1 - 8 of 8
Virtual bank applications to open in March
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.
Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
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.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Banks urged to cash in on CLMV growth
Business, Pathom Sangwongwanich, Published on 13/06/2016
» Thai banks have more room to penetrate neighbouring countries' banking sectors, with ample opportunities for loan growth and risk diversification, says an executive specialising in principal investments.
After taking the lead in assets, KTB shifts aim
Business, Somruedi Banchongduang, Published on 02/07/2015
» State-owned Krungthai Bank (KTB) has decided to focus on profit improvement after surpassing Bangkok Bank (BBL) as the country's largest lender by assets and deposits, a major milestone reached in the first quarter this year.
Special mortgages rare at Money Expo
Business, Somruedi Banchongduang, Published on 08/05/2015
» Banks are surprisingly not as keen to offer special mortgages at this year's Money Expo, and bankers say this indicates low demand in the property market.
Banks offering low-rate mortgages to flood victims
Business, Somruedi Banchongduang, Published on 22/03/2012
» Banks are offering special mortgage rates for customers in flood-hit areas as they begin to implement the central bank's soft-loan programme.