Thailand’s tourism slump and household debt weigh on its lenders
Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk…
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Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk…
The company cites ‘differences in views and opinions’ with parent Q&M Dental regarding the direction of the dental business as the reason…
The French drugmaker will pay US$1.15 billion upfront with a commitment for potential milestones worth as much as US$450 million Sanofi…
Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per cent…
HSBC Global Private Banking announced on Tuesday (Jul 22) a series of senior appointments to deepen its coverage across South-east Asia,…
Thailand’s cabinet on Tuesday (Jul 22) gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a…
The insurance industry is facing changes with the introduction of new technologies like artificial intelligence and cloud computing. These…
The project will feature a dual tower structure, comprising a 28-storey office tower with some 10,600 sq ft of gross floor area and a…
The project will feature a dual tower structure, comprising a 28-storey office tower with some 10,600 sq ft of gross floor area and a…
Real estate developer Wing Tai Properties announced a joint venture with CSI Properties – a mixed-use development in the Hong Kong central…
For years, the decentralized finance (DeFi) ecosystem has promised open access to financial tools without intermediaries. But for everyday…
CIMB wants to find its niche in each of the markets it operates in, instead of trying to serve every customer segment across Asean, said…
CIMB wants to find its niche in each of the markets it is in, instead of trying to serve every customer segment across Asean, said group…
The timing of the Johor-Singapore Special Economic Zone (JS-SEZ) is “a lot more conducive” today than some of the previous attempts to do…
Australia’s central bank judged lowering interest rates for a third time within four meetings was not consistent with its strategy of…
Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid growing scepticism…
The group CEO of Link Asset Management Limited, George Hongchoy, plans to step down before the end of June 2026. Hongchoy has held the CEO…
He plans to step down before June 2026; Link is the largest Reit in Asia and manages a HK$226 billion portfolio The group CEO of Link…
He plans to step down before June 2026; Link is the largest Reit in Asia and manages a HK$226 billion portfolio The group CEO of Link…
Alphabet’s Google and OpenAI said their artificial intelligence (AI) models won gold medals at a global mathematics competition,…
Malaysia will establish a data centre framework in October to streamline policies and development in the sector, the trade and digital…
China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and…
[ One of Singapore’s longest-running hedge funds, New Silk Road Investment, is shutting down after weak returns and a pullback by US…
The year to date has been marked by significant market volatility, with trade tensions and tariff-related uncertainty acting as key…