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Kasikornbank

Thai Economy Grows Better Than Expected, But Election Looms

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Thailand's economy grew fastest in six years in 2018, with fourth-quarter beating expectations on higher domestic demand and record tourism arrivals. GDP rose 3.7...
Kasikornbank eyes wealth management business in Laos, Myanmar

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Thailand's Kasikornbank (KBank) aims to target affluent customers in neighbouring countries as part of its efforts to push towards 10 per cent growth in...
Thailand’s SCB eyes expansion in Vietnam

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Siam Commercial Bank (SCB) is keen to flex its muscles in Vietnam by opening its own branch rather than a joint venture in a...
Thailand hopeful after emergency state ends

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Tourism businesses and foreign investors have welcomed the government's decision to lift the state of emergency in Bangkok, expecting the move to facilitate the...
Japanese banks eager to enter Thailand

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Japanese banks are seeking permits to set up representative offices in Thailand in response to the surge in small and medium-sized enterprises (SME) from...
Thai baht falls to record low

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Thailand's currency, the baht, fell to a record low of 32.14 to the dollar in early trading on August 27, the lowest since August...
Thailand’s economic growth ‘hit speed bump’

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Moody's Analytics, the research department of the global rating agency, said in its newly published report on Thailand that the kingdom's economy has "hit...
Thailand: $17b cash for Songkran splash

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The Bank of Thailand said it has prepared a record 500 billion baht ($17 billion) in cash reserves in anticipation of this year's Songkran...
Thai companies post record sales

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Thai companies were hitting record highs in sales of $339 billion in 2012 and showed a 15.67 per cent growth in net profits compared...
Dawei project slimmed down by developer

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The development of an industrial zone in Myanmar's southern town of Dawei has received new backing by master developer Italian-Thai Development (ITD), albeit at...