Kasikornbank (KBank) aims to be a regional digital banking player, with a target of 10 million users and foreign banking income making up 5% of total net income. The bank’s international banking business, named World Business Group (WBG), focuses mainly on Asean+3 (China, Japan and South Korea) and has acquired 1.6 million customers this year. […]
Read MoreThe baht opened at 33.88 to the US dollar on Friday, unchanged from Thursday’s closing rate. The Thai currency is likely to move between 33.75 and 33.95 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. The market is in a risk-on state because investors are hoping that the Omicron variant […]
Read MoreWhile international trips have rebounded across the globe, the pace of recovery in Asia Pacific is still lagging as regional travel regulations differ and most countries adopt a cautious approach towards reopening. Thailand might be one of the very few destinations to welcome fully vaccinated travellers with minimal restrictions, but Thais eager to take short-haul […]
Read MoreThe central bank on Wednesday warned companies about accepting digital assets as payment for goods and services, as more companies rolled out partnerships to accept major cryptocurrencies as payment. “High volatility of digital asset prices, risk of cyber theft and personal data leakages and tools for money laundering could impact customers and businesses,” the Bank […]
Read MoreThe baht opened at 33.74 to the US dollar on Thursday, weakening from Wednesday’s closing rate of 33.72. The Thai currency is likely to move between 33.60 and 33.80 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is weakening as investors sell Thai stocks or […]
Read MoreThe baht opened at 33.67 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 33.71. The Thai currency is likely to move between 33.60 and 33.80 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht strengthen on Tuesday due to the dollar strengthening […]
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Thailand
