Latest News for: Thailand banks

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Chinese vaccines play vital role in Thailand's battle against COVID-19

People Daily 25 Jul 2021
The Bank of Thailand, the country's central bank, viewed the procurement and distribution of vaccines as "the most important issue facing the Thai economy." ... Due to the third wave of the outbreak, the World Bank, in the Thailand Economic Monitor report for July, lowered its 2021 ...
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World Insights: Chinese vaccines play vital role in Thailand's battle against COVID-19

Sina 25 Jul 2021
The Bank of Thailand, the country's central bank, viewed the procurement and distribution of vaccines as "the most important issue facing the Thai economy." ... Due to the third wave of the outbreak, the World Bank, in the Thailand Economic Monitor report for July, ...
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After Barclays and Santander, UK Bank Natwest Blocks Payments to Binance

Bitcoin 24 Jul 2021
A major high street bank in the U.K., Natwest, has blocked payments to crypto exchange Binance. Natwest’s decision came after two other major British banks — Barclays and Santander — made a similar move to block fund transfers to Binance ... British bank Natwest (NWG.L) has reportedly become the latest financial institution in the U.K.
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DeFi industry draws in commercial banks? Siam bets with $110M fund

The Coin Telegraph 24 Jul 2021
Thailand’s oldest bank sees blockchain and DeFi as the future of global finance and is seeking to invest in the emerging digital landscape ....
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Binance CEO Reportedly Expects ‘Heavy’ Crypto Regulations

The Daily Hodl 24 Jul 2021
Binance CEO Changpeng Zhao reportedly expects the crypto space to get hit with “heavy” regulations ... CZ spoke with Tai Panich (TP), chief venture and investment officer of SCB 10X, the Thailand-based Siam Commercial Bank subsidiary that hosted the event ... “CZ. More regulatory scrutiny recently ... Communication localization is also needed.” ... “CZ.
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Renewal of Bilateral Swap Arrangement between Japan and Thailand (Bank of Thailand)

Public Technologies 23 Jul 2021
​ The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Bank of Thailand renewed the existing Bilateral Swap Arrangement (BSA) between the two countries today ... Bank of Thailand ... Bank of Thailand published this content on 23 July 2021 and is solely ...
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Japan, Thailand renew bilateral FX arrangement amid Covid-19 crisis

The Times of India 23 Jul 2021
Japan's and Thailand's central banks have renewed an existing bilateral currency swap arrangement, allowing both authorities to swap their local currencies for the dollar during times of crisis, Japan's finance ministry said on Friday.
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Euromoney names Security Bank as Philippines' best

Manila Bulletin 23 Jul 2021
Security Bank Corporation (SBC) has been named the PhilippinesBest Bank by London-based financial magazine Euromoney during its 2021 Euromoney Awards for Excellence ... “Security Bank took advantage of its ties with MUFG to build a strategic partnership with Bank of Ayudhya in Thailand, another member of the MUFG extended family,” noted Euromoney.
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Binance US Is Looking to Go Public, Changpeng Zhao Says

Finance Magnates 23 Jul 2021
While speaking at REDeFiNE Tomorrow 2021, a virtual summit organized by SCB 10X, the venture arm of Thailand’s Siam Commercial Bank, Zhao revealed the plans of his company ... Regulators in the UK, Japan, Thailand, Malta, the Cayman Islands, Poland, and a few more have either warned against its crypto services or taken action in some form ... ....
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Binance crypto exchange debuts plan to go public (IPO)

Cryptopolitan 23 Jul 2021
TL;DR Beakdown ... Zhao made the announcement on Friday at the “Redefine Tomorrow” event organized by SCB 10X, the venture arm of Thailand’s oldest Siam Commercial Bank. The Binance crypto exchange CEO the IPO is not a 100 percent complete project ... to Cayman Island, Thailand, among others, have all been on the neck of the exchange firm.
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Binance US is looking for an IPO, says Changpeng Zhao

The Block 23 Jul 2021
is looking at the potential IPO route," Zhao said on Friday at the "Redefine Tomorrow" event organized by SCB 10X — the venture arm of Thailand's oldest Siam Commercial Bank ... Government agencies in the U.S., the U.K., Japan, Italy, Thailand, Poland, and the Cayman Islands, have all either issued warnings or taken action against the exchange ... ....
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Thailand says Covid-19 resurgence could cut GDP by 0.8-2% this year

Straits Times 22 Jul 2021
BANGKOK • The latest coronavirus wave to hit Thailand is expected to reduce gross domestic product (GDP) by 0.8 per cent to 2 per cent this year, the central bank said yesterday, as the South-east Asian country tackles its biggest outbreak of the virus to date.
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Thailand to join COVAX, acknowledging low vaccine supply

Auburnpub dot com 22 Jul 2021
Passengers sit spaced apart while wearing face masks to help curb the spread of the coronavirus at Suvarnabhumi airport in Bangkok, Thailand, Wednesday, July 21, 2021 ... A person wearing full protective gear uses an ATM outside a bank Bangkok, Thailand, Wednesday, July 21, 2021.
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Thailand says Covid-19 resurgence to cut GDP by 0.8-2.0% in 2021

Straits Times 22 Jul 2021
BANGKOK (REUTERS) - The latest coronavirus wave to hit Thailand is expected to reduce gross domestic product by 0.8-2.0 per cent this year, Thailand's central bank said on Thursday (July 22), as the South-east Asian country tackles its biggest outbreak of the virus to date.

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