MasterCard appoints new country managers to Thailand, Myanmar, IndoChina

In a release, MasterCard announced the appointment of Antonio Corro as country manager of Thailand and Myanmar, and Arn Vogels as country manager of IndoChina (Vietnam, Laos, Cambodia).

NTT Com acquired 74% stake in Digital Port

Demand for data center services surge.

Ex-fund head in Thailand faces criminal charges

A criminal complaint has been filed against Sopana Janeborvorn, a former mutual-fund manager.

Finansa CEO advises bond investments as Thai policy rates fall

Finansa Asset Management CEO Teerapan Jittalan foresees a 50-basis point cut in the policy rate this year.

Thailand's BAM aims for 10% revenue, profit growth

Bangkok Commercial Asset Management sees good profit in rehabilitating debts and selling NPAs.

Thai banks intensify competion to lure wealthy clients

Thai banks have launched strategies to retain wealthy customers and attract the newly rich.

Kasikorn expects AUM to hit Bt1-T

Kasikorn Asset Management forecasts assets under management (AUM) to touch Bt1 trillion this year.

Thailand's SCB adjusts to needs of its wealthier customers

Siam Commercial Bank changed its private banking strategy for clients who are getting richer.

Another good year expected for Thai mutual funds

Thailand's mutual-fund industry is expected to increase by at least 10 per cent this year.

ING sells Thai asset management biz to UOB

For 10 million euro. This is the amount the ING Group will receive in selling its investment management business in Thailand to UOB Asset Management.

Thailand's BAY to issue subordinated debenture

Bank of Ayudhya will issue a 10-year unsecured subordinated debenture worth Bt20 billion to support long-term funding and reinforce its Tier 2 capital.