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StashAway announces Assets under Management of US$1billion

25 Jan 2021 08:30

StashAway, Southeast Asia's largest and fastest-growing digital wealth manager for both retail and accredited investors, has announced that they're managing more than US$1billion (SG$ 1.35billion).Since StashAway first launched its services in 2017, numerous wealthmanagers

CIMB Thai Bank Plc. (CIMB Thai or the Bank) today announced the appointment of Mr. Paul Wong Chee Kin as President CEO of CIMB Thai, effective 1 February 2021. He succeeds Mr. Sutee Losoponkul, who was Acting President CEO since September 2020 following the departure of the previous CEO, A

CIMB Thai appoints Paul Wong Chee Kin as President and CEO

22 Jan 2021 17:28

Charoen Pokphand Foods Public Company Limited (CPF) was successful in offering 5 series of debentures with tenors of 2Y to 12Y and coupon rates from 1.75-3.80% p.a. to retail investors and institutional and/or high net worth investors during the

CPF delighted by investor confidence, Demand for 5 series of debentures oversubscribed its target

22 Jan 2021 10:17

Bangkok Bank reports 2020 net profit of Baht 17,181 million

22 Jan 2021 09:43

In 2020, the Covid-19 pandemic caused the greatest disruption seen in decades to both the global and the Thai economies. Businesses, especially in the export and tourism sectors, were affected by government measures to control the spread of the virus, such as lockdowns and international travel bans.

Amid severe economic headwinds and significant operating challenges stemming from the COVID-19 pandemic, Siam Commercial Bank and its subsidiaries reported a consolidated net profit (based on unaudited financial statements) of Baht 27.2 billion, a 33% decrease yoy. The decline in net profit

SCB ANNOUNCED 2020 NET PROFIT OF BAHT 27.2 BILLION

22 Jan 2021 09:35

Atradius to host a series of virtual events on the future of global trade

21 Jan 2021 18:30

- The webcasts will feature thought leaders from business and academia who will address the uncertainty facing the international trade environment as it emerges from the Covid-19 economic crisis.As the world strives to turn the page on the Covid-19 crisis, many

The Stock Exchange of Thailand (SET) Group announces the extension of aid measures for listed companies affected by the ongoing COVID-19 pandemic. The measures comprise 1) Extending period of an annual registrar fee cut for listed companies an

SET extends fee cut measures to help listed companies get through COVID-19 crisis, effective from January

21 Jan 2021 15:22

Allianz Ayudhya appoints Thomas Wilsonas the new President and CEO Allianz Ayudhya Assurance PCL.

21 Jan 2021 13:27

Operating income rose YoY by THB 167.6 million to THB 14,927.1 million.Pre-Provision Operating Profit increased 12.0% YoY to THB 6,027.8 million.Net profit decreased by THB 727.2 million to THB 1,290.6 million, attributed to the increase in provisions.Provisions elevated due to ec

CIMB THAI posts net profit of THB 1,290.6 million for 2021.

21 Jan 2021 11:30

SABINA weathers the COVID-19 crisis by reorganizing its management to incorporate the new generation. Following the appointment of Duangdao Mahanavanont as the Chief Commercial Officer in charge of managing revenue streams, SABINA i

SABINA navigates through pandemic with major restructuring, new generation leaders, and sustainable revenue

21 Jan 2021 10:21

Ms. Kattiya Indaravijaya, Chief Executive Officer of KASIKORNBANK, said the Thai economy contracted in 2020 amid the domestic and global effects of the COVID-19 pandemic. The crisis negatively impacted domestic spending, as well as the export and tourism sectors. For 2021, the T

KASIKORNBANK announces 2020 net profit of Baht 29,487 Million

21 Jan 2021 09:24

Siam Commercial Bank (SCB) has partnered with FWD Life Insurance Plc (FWD Insurance) to launch 'OPD Khum Krob Chob Hai Huang' to support medical expenses as a response to customer's needs during the COVID-19 pandemic. The product is designed to

SCB partners with FWD to launch 'OPD Khum Krob Chob Hai Huang' to support customer during pandemic

21 Jan 2021 08:51

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), referred to EXIM Thailand's launch of an Investment and Production Efficiency Enhancement Credit Scheme in 2020, which offered a credit facility with a special interest rate to e

EXIM Thailand Extends Investment and Production Efficiency Enhancement Credit Scheme

20 Jan 2021 17:18

TMB or TMB Bank Public Company Limited and its subsidiaries announced today the financial performance of 4th quarter and 12 months of 2020. Overall for 4Q20 results, both income generation and expense

TMB posted 2020 net profit of THB 10,112 million, up 40% from previous year on the back of synergy realization from the merger with Thanachart

20 Jan 2021 16:56

Beacon Venture Capital (Beacon VC), the corporate venture capital arm of KASIKORNBANK PLC. announces the Series A investment in Robowealth, a top-notch wealth tech start-up. This investment aims

Beacon VC Invests in Robowealth, leading Thais toward the Capital Market with Wealth Tech Solutions, Targeting 2021 with the Total AuM of 30 Billion Thai

20 Jan 2021 14:59

Krungsri (Bank of Ayudhya PCL and its subsidiaries) released additional customer assistance measures for Retail, Business Banking, and Commercial Banking customers impacted by the new wave of COVID-19 outbreak.Krungsri President and Chief Executive Officer Mr. S

Krungsri introduces additional measures to assist customers affected by COVID-19

19 Jan 2021 15:16

KTC reports its 2020 business operations according to the new TFRS9 standard, announcing a net profit of 5,332 million Baht. User database accounts numbered 3.4 million, overall receivables experienced growth,

KTC confronted the COVID-19 crisis, pushing a net profit of 5,332 million Baht, and complying with the BOT to extend measures to aid

19 Jan 2021 14:16

MA valuations boom in the second half of 2020, despite COVID-19 impacts on the economy, according to PwC

19 Jan 2021 12:15

- Deal volumes up 18% and deal values increase 94% in second half of 2020- Megadeals double in second half of the year- Technology and telecom sub-sectors see highest growth as demand for digital assets accelerates-

Ms. Chalarat Phinitbenchaphol (left), Executive Vice President, and Mr. Chaiyot Tunpisut, First Senior Vice President, KASIKORNBANK, recently represented the Bank to receive the Best Home Loan Product in Thailand 2020 award at the Asian Banker's South East Asia

KBank wins Best Home Loan Product in Thailand 2020 award from The Asian Banker

19 Jan 2021 10:24

Banpu Public Company Limited, an international versatile energy provider, was affirmed by TRIS Rating to maintain the ratings on the Company and its senior unsecured debentures at A with a stable ratin

Banpu maintained A rating on the Company and its senior unsecured debentures, reflecting its strength and readiness to thrive amidst global

18 Jan 2021 16:10

LMRKTS helps banks bridge the SA-CCR adoption gap

18 Jan 2021 15:00

LMRKTS, an industry-leading optimization and compression provider, announced the completion of its third optimization cycle for clients who calculate their capital requirements using the Basel Committee on Banking Supervision's Standardized Approach for measuring Counterparty Credit

Ayudhya Capital Auto Lease PCL, under Krungsri Auto, a leader in automotive finance under Bank of Ayudhya PCL, led by Mrs. Kittiya Srisanit (center), Head of Krungsri Auto Group, Bank of Ayudhya PCL, recently receiv

Krungsri Auto Receives 'Thai Private Sector Collective Action Against Corruption' Certificate to Certify its Business Operation

18 Jan 2021 11:51

Market for Alternative Investment (mai) will list Jakpaisan Estate pcl, a property developer with low-rise housing and condominium projects in its portfolio, on January 18, under the ticker symbol JAK. The company has a market capitalization at its initial public offering (IPO) of THB 464 million

Bangkok Bank announces temporary system maintenance of Bangkok Bank Mobile Banking to enhance service efficiency and better serve

14 Jan 2021 11:13

Krungsri (Bank of Ayudhya PCL) recently announced the appointment of Mr. Phonganant Thanattrai as Head of Retail and Consumer Banking, subsequent to the retirement of Mr. Dan Harsono, effective from 1 January 2021 onward.For more than 10 years with Krungsri, Mr. Phonganant is among the hi

Krungsri appoints Head of Retail and Consumer Banking

13 Jan 2021 13:41

SCGP continues to expand its foodservice packaging business in line with global megatrends as it acquires Go-Pak, a leading provider of foodservice packaging in the UK, Europe and North America

SCGP closes Go-Pak deal, expanding foodservice packaging business in face of Enters UK, Europe and North America markets and strengthen potential in

13 Jan 2021 10:05