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SCB to concentrate more on lending for purchases of used cars
May 3, 2016 1:00 am

SCB to concentrate more on lending for purchases of used cars

SIAM COMMERCIAL Bank is looking to do more used-car and car-title lending to offset the slowdown in loans for new autos, said Narong Srichukrin, first executive vice president and head of SCB’s wealth segment and retail banking group.

TCG aims for a  million smaller clients by 2020
May 3, 2016 1:00 am

TCG aims for a million smaller clients by 2020

THE THAI Credit Guarantee Corporation (TCG) plans to guarantee loans totalling up to Bt100 billion a year for micro-businesses, start-ups, innovative ventures, and small and medium-sized enterprises, aiming to serve a million such clients by 2020.

Benefits of a cashless society
May 2, 2016 1:00 am

Benefits of a cashless society

THAILAND is moving towards a cashless society because paying with a card is safer than doing so with cash, according to MasterCard.

Myanmar aims to attract $140 billion in FDI until 2030
May 2, 2016 1:00 am

Myanmar aims to attract $140 billion in FDI until 2030

MYANMAR has set its sights on attracting US$140 billion (Bt4.9 trillion) in foreign direct investment (FDI) from now until 2030, according to a national economic development plan.

Foreign volunteers join Thais to construct homes for families of needy...
May 1, 2016 1:00 am

Foreign volunteers join Thais to construct homes for families of needy...

CIGNA INTERNATIONAL Markets has partnered with the Habitat for Humanity Foundation, a non-profit organisation with a global network, with the aim of helping to manage housing for the needy and reduce the number of homeless people by as much as...

Cape & Kantary to invest Bt7 bn on nine new hotels
April 29, 2016 1:00 am

Cape & Kantary to invest Bt7 bn on nine new hotels

CAPE & KANTARY plans to open nine hotels by 2020 with an approximate investment of Bt6.5 billion to Bt7 billion to cash in on the growing tourism industry in the long term.

One Asset Management joins TMB Open Architecture
April 29, 2016 1:00 am

One Asset Management joins TMB Open Architecture

TMB Bank has brought One Asset Management aboard as the sixth partner in its “TMB Open Architecture” to strengthen its fund-management business and drive its assets under management (AUM) up 20 per cent to Bt220 billion this year.

Taiwan's Yuanta securities returns to Thailand
April 27, 2016 6:08 pm

Taiwan's Yuanta securities returns to Thailand

Taiwan's Yuanta Securities Asia Financial Services is rebuilding its securities business in Thailand with the acquisition of KKTrade Securities.

SCG shows 23% increase in Q1 earnings
April 27, 2016 4:52 pm

SCG shows 23% increase in Q1 earnings

Siam Cement Group (SCG), Thailand's largest industrial conglomerate, reported a 23 per cent increase in the first-quarter net profit.

Cabinet approves delaying deposit insurance cut to phase in financial...
April 27, 2016 1:00 am

Cabinet approves delaying deposit insurance cut to phase in financial...

THE CABINET has approved amending the Deposit Protection Agency Act to delay until 2021 the reduction of deposit insurance to a maximum of Bt1 million, instead of this August as previously scheduled.