Latest News for: Thailand banks


Ant Group bullish on PH

Manila Standard 26 Nov 2022
Digital banks are getting bigger ... Major e-wallet operators and financial institutions including GCash in the Philippines, TnGD and Maybank in Malaysia, Dana in Indonesia, TrueMoney in Thailand and Mandiri Bank in Indonesia have been using ZOLOZs e-KYC (electronic Know-Your-Customer) solutions to serve their customers.

Pandemic reverses poverty reduction gains in Philippines: World Bank study

People Daily 25 Nov 2022
Ndiame Diop, World Bank Country Director for Brunei, Malaysia, the Philippines, and Thailand, also said "inequality is still very high in the Philippines.". According to the World Bank's report, the top 1 percent of earners together capture 17 percent of national income, with only 14 percent being shared by the bottom 50 percent.

PH ranks 15th in World Bank’s income inequality report

The Philadelphia Inquirer 24 Nov 2022
... data are available for 2014-19, only in Thailand is income inequality greater than in the Philippines," said the World Bank report.

CTBC ranked among top 10 Best Taiwan Global Brands for seventh time

Taipei Times 24 Nov 2022
Staff ... In terms of overseas business performance, its subsidiary CTBC Bank last year increased its shareholding in Thailand’s LH Financial Group to 46.6 percent, becoming its largest shareholder and making it the Taiwanese-invested bank with the most branches in Thailand ... .

Japan’s Mitsubishi UFJ to buy two Asia units of Home Credit for $620 million -source

FX Empire 23 Nov 2022
The acquisitions will be made through Thailand’s Bank of Ayudhya PCL (BAY), about 77% owned by Mitsubishi UFJ, the source said ... Mitsubishi UFJ, which owns about 22% of Morgan Stanley , is completing its $8 billion sale of MUFG Union Bank (MUB) to U.S ... Among Japanese banks, Sumitomo ...

Japan's Mitsubishi UFJ to buy two Asia units of Home Credit for $620 mln -source

Reuters 23 Nov 2022
The acquisitions will be made through Thailand's Bank of Ayudhya PCL (BAY) (BAY.BK), about 77% owned by Mitsubishi UFJ, the source said ... Mitsubishi UFJ, which owns about 22% of Morgan Stanley (MS.N), is completing its $8 billion sale of MUFG Union Bank (MUB) (UBCAL.UL) to U.S.

Development partners vow to mobilize funds for PH climate change mitigation

Manila Standard 23 Nov 2022
Development partners including the World Bank Group and United Nations Development Program joined the Climate Investment Forum 2022, spearheaded by the Climate Change Commission in commemoration of the 15th Global Warming and Climate Consciousness Week ... Ndiame Diop, World Bank country director for Brunei, Malaysia, Philippines and Thailand.

How Has Fintech Affected Unbanked Populations?

The Post and Courier 23 Nov 2022
Digital financial solutions have steadily increased global access to banking ... In Thailand, nearly one in five banked adults opened their first account to receive government benefits ... Mobile banking apps allow users to conduct transactions without visiting a physical bank branch.

​Managing Director of the International Monetary Fund (IMF) Paid a Courtesy Call on the Governor of the Bank of Thailand​ (Bank of Thailand)

Public Technologies 21 Nov 2022
Sethaput Suthiwartnarueput, the Bank of Thailand Governor, welcomed the ... Bank of Thailand published this content on 18 November 2022 and is solely responsible for the information contained therein.

Thai economy posts fastest growth in a year, global risks cloud outlook

Reuters 21 Nov 2022
The data reinforced expectations for a modest 25-basis-point rate hike at the Bank of Thailand's Nov ... "The Bank of Thailand is set to stick with gradual rate hikes as nurturing the recovery will remain a key priority." ... World banks see global economy slowing more in 2023, with likely U.S.

Black Friday Party Being Held: Sold With Over 4,000,000 Pieces, JISULIFE Made a Breakthrough This Year.

Victoria Advocate 21 Nov 2022
JISULIFE offers a set of warming gadgets including NS05 Space Capsule HandWarmer & PowerBank, NS03&NS06 2-In-1 Hand Warmer & Power Bank, and NW05 Wireless Neck Warmer ... F8X Bear Mini Fan Plus -- The top1 Best Seller on Amazon in America/Australia, on Shopee in Thailand/Singapore/Philippines.

K-pop group Super Junior dazzles Hong Kong, overseas fans in world tour concert, spearheading return ...

Korea Times 21 Nov 2022
K-pop idol group Super Junior perform during its "Super Show 9 ... Since the tour started in Seoul in July, Hong Kong was the fourth overseas venue following Thailand, Singapore and Indonesia. "I am so excited (to see the concert)," Hongkonger Carol Kwan, a banking industry worker in her 40s, said while holding posters and cheering items in her hands ... 7.

Humbled by inflation, central bankers scale back their ambitionsThe Fed’s big miss on inflation has ...

Deccan Herald 20 Nov 2022
Central banks’ independence is harder to justify after such a failure of “analysis, forecasts, action and communication,” Allianz SE’s chief economic adviser, Mohamed El-Erian, tweeted in October ...Monetary policy is 90 per cent communication and 10 per cent action,” says Bank of Thailand Governor Sethaput ­Suthiwartnarueput ... Central Bank.

The Countries With the Highest Flood Risk

The Post and Courier 18 Nov 2022
Netherlands ... Thailand ... Pictured is Chiang Mai, Thailand, on Oct. 3 of this year when the Ping River overflowed its banks. Flood damage across Thailand has inundated more than 70,000 homes in northern and central regions since late September, according to Nikkei Asia ... Above, the Kamo River floods its banks during heavy rain in Kyoto, Japan in 2018.18 ... .

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