Siam Commercial Bank (SCB), the country’s fourth-largest lender by assets, has won preliminary approval for a subsidiary business licence in Myanmar, targeting 7 billion baht in loans in the first five years of operation. The bank expects to set up the subsidiary and begin operations by the end of 2020, said chairman and chief executive […]
Read MoreThe Hanoitimes – Vietnam central bank is ready to intervene in the foreign exchange market in case of necessity. Vietnam’s foreign exchange reserves now stand at a record high of US$84 billion, enabling the government to ensure macro-economic stability, according to the Governor of the State Bank of Vietnam (SBV) Le Minh Hung. “The SBV and […]
Read MoreWith extensive experience in family businesses, politics and regulation, Korkij Danchaivichit has a strong will to shore up Thailand Post as it weathers fierce competition from other courier services. Mr Korkij started work as chief executive of the postal service on March 2, becoming the first outsider in the top job of the 18-year-old state […]
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Thailand
