• Tue, 25 Jul 2017 01:00:00
    Govt to seize 12 of Yingluck’s bank accounts
    First civil liability action taken over rice-pledging row
    politics
  • Tue, 25 Jul 2017 01:00:00
    Allianz banks on new agency chief
    ALLIANZ Ayudhya Assurance aims to strengthen its agency channel, the insurer’s major revenue contributor, with the appointment of industry veteran Virong Patanakumjorn as chief agency officer (CAO).
    Corporate
  • Tue, 25 Jul 2017 01:00:00
    Grab to tap Didi, SoftBank for funds in $2.5 bn top-up
    GRAB, Uber Technologies’ biggest ride-hailing competitor in Southeast Asia, said it expects to raise US$2.5 billion in its latest financing round that will help bolster its position in the region and grow its payments platform.
    ASEAN+
  • Tue, 25 Jul 2017 01:00:00
    AMLC set to probe Metrobank fraud
    THE Philippines’ Metropolitan Bank and Trust Co may be subjected to a probe by the Anti-Money Laundering Council (AMLC) in the aftermath of a massive fraud incident involving anywhere between 900 million and 2.5 billion pesos in illegally disbursed loans orchestrated by a rogue officer.
    ASEAN+
  • Mon, 24 Jul 2017 12:56:16
    Uber rival Grab to raise $2.5 billion in new financing
    SINGAPORE - Southeast Asian ride-hailing firm Grab said Monday it expects to raise $2.5 billion in financing, mostly from China's Didi Chuxing and Japan's Softbank, as it strengthens its lead over rival Uber.
    Breaking News
  • Mon, 24 Jul 2017 11:41:48
    Grab receives $2 bn in funding 
    Grab announced on Monday that Didi Chuxing and SoftBank Group Corp will invest US$2 billion (Bt67 billion) in the Singapore-based ride-sharing platform.
    Corporate
  • Mon, 24 Jul 2017 01:00:00
    Myanmar aims for trade boost with neighbouring countries with ADB help
    As Myanmar aims to increase its exports to major trading partners such as China and Thailand, trade facilitation would be supported by development lenders including Asia Development Bank (ADB), an official said. 
    business
  • Mon, 24 Jul 2017 01:00:00
    GSB takes big stride forward with plans for digital services
    Government Savings Bank (GSB) plans to open five digital solution branches in the second half of this year, as it launched a QR Code payment facility on Saturday.
    Corporate
  • Mon, 24 Jul 2017 01:00:00
    Market watch
    The European Central Bank (ECB) last week pledged to continue with its loose monetary policy stance but probably to a lesser degree next year after the current quantitative easing (QE) programme ends in 2017.
    business
  • Mon, 24 Jul 2017 01:00:00
    The beginning of the end of monetary stimulus policies
    RIDING the waves of loose monetary policies such as ultra low interest rates and relentless liquidity injections from major central banks, global stock markets have been on the steady course upward for the past several years.
    business
  • Sat, 22 Jul 2017 01:00:00
    SCB in lunch promotion for wealthy customers
    SIAM Commercial Bank (SCB) has launched a promotion called SCB Live Bespoke “The Black Carpet Lunch” for 300 of its private banking customers and SCB First card holders with a credit limit of Bt10 million to Bt50 million.
    Corporate
  • Sat, 22 Jul 2017 01:00:00
    SBV clarifies M&A concerns in banking sector
    VIETNAM WILL have one more wholly foreign-owned bank if the merger and acquisition (M&A) deal on OceanBank is finalised, a State Bank of Vietnam (SBV) official said on Thursday.
    ASEAN+
  • Fri, 21 Jul 2017 16:07:10
    Sukhothai builds levees as Yom River swells
    Muang Sukhothai Municipality on Friday used big sandbags to erect temporary flood levees to protect business areas as the Yom River, which runs through downtown, is expected to burst its banks.
    Breaking News
  • Fri, 21 Jul 2017 10:16:28
    Euro holds gains as ECB fuels 'taper' talk but equities struggle
    HONG KONG - The euro held its dollar gains in Asia on Friday after the head of the European Central Bank said policymakers would begin re-evaluating its stimulus in the autumn, fuelling talk that the age of cheap money was coming to an end.
    Breaking News
  • Thu, 20 Jul 2017 18:43:45
    BAY profit up 10 per cent in first half
    Bank of Ayudhya Plc, or Krungsri, has turned in a solid performance for the first half of this year with consolidated net profit gaining 10.5 per cent to Bt11.5 billion, thanks to robust net interest income and non-interest income as well as effective expense management. 
    Corporate
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