Wed, 10 Apr 2019 01:00
ANNIVERSARY SPECIAL Bank offers special time deposit account
The Bank of Ayudhya Plc has introduced a special 14-month time deposit account campaign, offering a special rate of 1.50 per cent per annum, with a minimum deposit of Bt5,000, said Kamolwan Imruthaicharoenchok , the bank’s executive vice president and head of the wealth and retail products division.
Sat, 06 Apr 2019 01:00
Timely proof of philanthropy
Somsak Pola is wrong. Thai billionaires do pass their wealth onto others, and not just to their offspring.
Fri, 05 Apr 2019 01:00
Premchai’s acquittal in black leopard case to be challenged
PLAINTIFFS in the controversial black leopard poaching case said yesterday that they would appeal against the acquittal of a construction tycoon, saying it did not justly punish the wealthy, powerful alleged offender.
Thu, 04 Apr 2019 10:44
Thai pro-marijuana party in high demand after disputed vote
A super-wealthy construction scion who ran a pro-marijuana platform ahead of Thailand's election has emerged as a highly courted candidate as two main parties need his allegiance -- and party seats -- after the disputed vote.
Tue, 02 Apr 2019 18:26
Credit Suisse appoints Natt Thanomsat head of wealth management, Thailand
Credit Suisse on Tuesday announced the appointment of Natt Thanomsat as head of wealth management, Thailand, effective March 20.
Fri, 15 Mar 2019 01:00
A Kingdom of rags and riches
A clot of power and money in Thailand has spawned one of the world’s widest wealth gaps, evident in growing social division
Tue, 12 Mar 2019 18:00
NSB to file charges against two doctors for helping weight-loss entrepreneur obtain controlled drugs
The chief of the Royal Thai Police’s Narcotics Suppression Bureau (NSB) on Tuesday said his agency planned to file criminal charges against two doctors, who had allegedly helped a wealthy entrepreneur get hold of controlled substances for use in her weight-loss product business.
Mon, 11 Mar 2019 11:56
Wealthy entrepreneur arrested over ‘deadly’ weight-loss remedies
The wealthy operator of a business selling weight-loss products was arrested on Monday morning as part of an extensive police operation and charged with possession of controlled substances.
Wed, 06 Mar 2019 17:10
LGT opens Bangkok office
LGT has opened its Bangkok office, LGT Securities Thailand Limited, in the Pathum Wan District. It said the office will provide investment and wealth management services to the bank’s clients across Thailand, complementing LGT’s private banking operations in Hong Kong and Singapore.
Thu, 21 Feb 2019 16:00
LGT opens wealth management office in Thailand for high net worth investors
Vaduz/Bangkok - LGT, the international private banking and asset management group owned by the Princely House of Liechtenstein, today announced the opening of its wealth management business in Thailand, following the successful award of regulatory approvals, according to its press release.
Thu, 14 Feb 2019 01:00
KBank unit leads investment move into wealth-tech
BEACON VC, a corporate venture capital arm of Kasikornbank (KBank), yesterday made its first investment in the emerging wealth management technology (wealth-tech) sector by leading a US$6.5 million investment round of pre-series A funding in Jitta.
Wed, 13 Feb 2019 16:59
Beacon leads $6.5m investment in Jitta
Beacon Venture Capital, a corporate venture capital arm of Kasikornbank, led a funding round of US$6.5 million for Jitta, a Thai WealthTech startup that offers high-tech solutions for investors worldwide.
The funding round, which is the biggest pre-series A round for a Thai startup, will help promote innovation in the country’s WealthTech industry and prepare Jitta for global expansion,
Mon, 11 Feb 2019 01:00
Why are the rich getting richer and the poor getting poorer?
Re: “Global divide of wealth”, National, Feb 2.
Sat, 02 Feb 2019 01:00
GLOBAL DIVIDE OF WEALTH
The number of billionaires worldwide has doubled since the global financial crisis a decade ago, even as hundreds of millions of people live in poverty on less than $5.50 (Bt180) a day.
Wed, 30 Jan 2019 10:52
KBank distributes two million red ‘Ang Pao’ envelopes
To celebrate the Chinese Year of the Earth Pig, KBank is distributing red “Ang Pao” envelopes depicting two auspicious pigs to customers. In Chinese culture, the pig represents abundance and symbolises fertility, prosperity, wealth and lots of good luck.