Siam Commercial Bank (SCB) plans to shutter 200 physical branches this year as part of its three-year plan to cut operating costs by 30% by 2020 and move towards digital banking. Mobile banking service has operating costs 40-50% lower than branch services, said chief executive and president Arthid Nanthawithaya. Employees who work at branches will be […]
Read MoreA NATIONAL digital ID platform is coming soon, and its arrival will allow people online to open bank account, apply for loans and enjoy the services of other businesses and government agencies, says a key developer. The national digital identification infrastructure will bring the Thai economy to another level due to expected massive cost savings […]
Read MoreThe rapid advance of technology is changing the roles of many people in our organisations. As technology takes on more jobs that humans usually do, employees’ concerns for their job security increase. The truth is, technology will render some jobs obsolete. On the other hand, some jobs will evolve and many new jobs will be […]
Read MoreA seasonal downturn in Thailand’s baht driven by dividend outflows and a lack of tourists could be worse than usual this year amid rising global bond yields and less liquidity, according to Kasikornbank Pcl. A dropoff in tourists after the Songkran festival in mid-April and payouts to foreign stock investors usually spell declines for the […]
Read MoreTo be able to get into neighboring countries is the main purpose in order to expand business of Thai enterprises. Vietnam is one of top potential destinations for Thai investors. A seminar on “Key update on Vietnam achievements. How business can tap on opportunities” was held by Bangkok Bank and VSIP on 3 April 2018. […]
Read MoreThailand’s consumer sentiment picked up in March, after dropping in the previous month, buoyed by stronger exports and tourism, but global trade tensions and low farm prices were a worry, a private survey showed on Thursday. The index of the University of the Thai Chamber of Commerce rose to 79.9 in March from 79.3 in […]
Read More
Thailand
