Showing 121 - 130 of 1,730
Local market seen as potential bond hub
Business, Somruedi Banchongduang, Published on 11/06/2018
» Thailand has high potential to be a fund-raising hub for bonds issued by neighbouring countries as demand grows for fund mobilisation in line with robust Asean economic growth, says Standard Chartered Bank.
Amro eyes amiable Thai policy rate
Business, Somruedi Banchongduang, Published on 12/06/2018
» Thailand's monetary policy is expected to remain accommodative until year-end, given that high foreign reserves and subdued inflation provide the policy space, says the Asean+3 Macroeconomic Research Office (Amro).
TMB Bank issues first-ever 'green bonds' worth $60m
Business, Somruedi Banchongduang, Published on 13/06/2018
» TMB Bank has issued green bonds, the country's first bond to finance environment-related projects, worth US$60 million (1.85 billion baht).
KBank upping franchise loans
Business, Somruedi Banchongduang, Published on 14/06/2018
» Kasikornbank (KBank), the country's third-largest lender by assets, aims for 20% growth in new franchise loans this year, says a senior official at the bank.
Next meeting for EARTH creditors set
Business, Somruedi Banchongduang, Published on 15/06/2018
» A creditor meeting to consider the business rehabilitation plan of Energy Earth Plc (EARTH) is scheduled for Aug 2 after the Central Bankruptcy Court ordered a reclassification for Kasikornbank (KBank), with a principal amount of 825 million baht as a secured creditor.
KBank rolls out Facebook Messenger payment service
Business, Somruedi Banchongduang, Published on 26/06/2018
» Kasikornbank (KBank) has entered the social commerce platform by becoming the first Thai bank to offer payment service via Facebook Messenger, targeting transaction value of 30 billion baht for the first year of operations.
SCB rethinks hefty investment budget
Business, Somruedi Banchongduang, Published on 27/06/2018
» Siam Commercial Bank (SCB) plans to slow down its huge infrastructure investment budget this year to alleviate investors' concerns over the investment impact on earnings.
KBank seeks banking agent imprimatur from BoT
Business, Somruedi Banchongduang, Published on 27/06/2018
» Kasikornbank (KBank), the country's third-largest commercial bank by assets, this month will seek approval from the Bank of Thailand for its banking agent service, with a focus on deposits and cash withdrawals.
Swiss bank wary of impact from Fed rate increases
Business, Somruedi Banchongduang, Published on 28/06/2018
» The US Federal Reserve's more hawkish monetary stance than originally expected could stall the global economic recovery and lead to higher volatility in money and capital markets around the world, warns Swiss private bank Lombard Odier.
Baht drops faster than peers against dollar
Business, Somruedi Banchongduang, Published on 30/06/2018
» The baht depreciated against the US dollar at a faster pace than its regional peers in Asia over the past two months, weighed down by external uncertainties, and its downward trend is expected to continue, says a senior central bank official.