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BUSINESS

Two giants, one vision: SCB WEALTH and BlackRock forge global investment power for Thai investors

Business, Somruedi Banchongduang, Published on 13/05/2025

» SCB WEALTH, a key business unit of SCB, is dedicated to enhancing the wealth of Thai investors and expanding opportunities for global investments. SCB launched partnership with BlackRock who is the world’s largest asset management company. By partnering with BlackRock, a company that shares the same business philosophy, both organizations emphasize the customer-centric approach, focusing on developing investment products that truly meet clients’ needs. SCB WEALTH views wealth management as a long-term investment, ensuring a strong financial future under the concept of “Your Success. Our Success.”

BUSINESS

Modest export growth or contraction likely

Business, Somruedi Banchongduang, Published on 09/05/2025

» Thai exports are expected to post marginal growth or contract this year and next, largely due to the anticipated US tariff hikes set to commence in the second half of 2025.

BUSINESS

KTC opts to take cautious approach amid obstacles

Business, Somruedi Banchongduang, Published on 06/05/2025

» Krungthai Card (KTC), a leading credit card provider under Krungthai Bank (KTB), anticipates increasing challenges in its personal loan business for the remainder of the year amid economic headwinds.

BUSINESS

Users share responsibility in financial fraud decree

Business, Somruedi Banchongduang, Published on 30/04/2025

» Victims of financial crimes may be fully liable for damages if losses result from their own negligence under the new emergency decree, according to the Bank of Thailand.

BUSINESS

KTC banking on new IT loan initiative

Business, Somruedi Banchongduang, Published on 30/04/2025

» Krungthai Card (KTC), a leading credit card provider under Krungthai Bank (KTB), has initiated a loan scheme aimed at acquiring new customers interested in IT products and electronics, while maintaining asset quality amid a fragile economic environment.

BUSINESS

HSBC sets digital transactions goal

Business, Somruedi Banchongduang, Published on 29/04/2025

» HSBC Thailand aims to become the No.1 foreign bank for digital transaction banking solutions in the Thai market, in line with the country's strong growth in digital banking adoption.

SUSTAINABILITY

Banks help sugar farmers combat PM2.5

Business, Somruedi Banchongduang, Published on 28/04/2025

» The amount of PM2.5 air pollution has increased in Thailand in recent years, driven by multiple factors such as industrial manufacturing, the widespread use of internal combustion engine-powered vehicles, and the open burning of garbage and agricultural crop residue.

BUSINESS

BoT extends debt relief enrolment deadline

Business, Somruedi Banchongduang, Published on 26/04/2025

» The Bank of Thailand has extended the registration deadline for the "You Fight, We Help" debt relief programme, aimed at supporting vulnerable borrowers amid growing uncertainty and slower economic growth.

BUSINESS

US tariffs force ttb to conduct stress tests

Business, Somruedi Banchongduang, Published on 23/04/2025

» TMBThanachart Bank (ttb) has initiated stress tests to gauge the risks and potential impacts of US tariffs on Thai exports.

BUSINESS

Banks post marginal profit growth in Q1

Business, Somruedi Banchongduang, Published on 22/04/2025

» The banking industry reported marginal growth in net profit for the first quarter of 2025, primarily due to lower net interest income (NII), aligning with a contraction in loans.