Thailand

Authorities to monitor debt serviceability of SMEs and households.

The bank will benefit from the interest rate hike, but peak by Q4 and gradually decline after.

A substantial growth in net income helped drive up profits for the quarter.

More than 12,000 attendees are expected to attend the meetings.

Net profit is expected to come at around $117.5m, 14% higher than a year ago.

The Thai company plans to use proceeds for refinancing purposes.

It shared plans to replace its cards with EVs or shift to using biofuel.

It has a capacity of 6,000 seats and will also offer dining and shopping experiences.

It also laid out plans aiming to reduce household debt.

Slower-than-expected income recovery and rising cost of living are hitting households.

This follows after a 36% increase in the bank’s net interest income during the period.

SMEs will likely struggle to make payments as production costs squeezes profits.

Indorama Ventures will use it for their working capital and to achieve its sustainability targets.

Tourists can now pay using AlipayHK, Touch ‘n Go eWallet, and Kakao Pay.

Tourists can pay through AlipayHK, Kakao Pay, Touch 'n Go eWallet, and Alipay.

Krungsri will acquire the 50% remaining shares of SHB Finance over the next three years.