The Latest Breaking News from SCB

Digital infrastructure modernisation, agile operations and ecosystem partnerships are imperative for businesses to create new innovations and services and achieve success in the face of digital disruption and other pressing challenges, say IT heads of business pioneers in Thailand.

Local banks are expected to raise interest rates this week following the Bank of Thailand's recent policy rate hike, while borrowers could face a normalisation of loan rates for next year.

The SET staged a big recovery in October from its poor performance the month before, establishing a new support level at 1,600 points. The trading range was between 1,553.80 and 1,619.08 with a close at 1,608.76, up 19.25 points or 1.2% on the month.

Financial markets in Vietnam, Asia’s fastest-growing economy, are in an unsettling slide as a crackdown on property lending, a falling currency and rising interest rates heap pressure on banks and rattle confidence.

Truong My Lan, the chairman of a Ho Chin Minh property firm, was arrested for illegally issuing bonds to raise tens of millions of pounds from investors during 2018-2019

A Vietnamese real estate tycoon was arrested on suspicion of financial fraud, the police said on Saturday, as the country broadens its years-long anti-graft drive.

SCB X, the holding company of Siam Commercial Bank (SCB) Group, has set a five-year business direction ending in 2026 to pave the way for it to become a regional financial technology company and generate income from new sources.

Scottish Craft Butchers in the area to promote nutritional and economic value of pork in 'buy Scottish' drive.

Siam Commercial Bank (SCB), Thailand's oldest lender, is viewed as an outstanding stock to watch given its fintech business expansion and high-yield lending services, according to Asia Plus Securities (ASPS).

August was good to the Stock Exchange of Thailand with the index moving up 62.52 points, or 4% month-on-month, to close at 1,638.93 points. Average daily turnover improved significantly, climbing 21% to 70.7 billion baht, from only 58.3 billion in July.

The scrapped Siam Commercial Bank (SCB)-Bitkub investment deal has not deterred Gulf Energy Development from its decision to venture into the digital asset business, with the company saying it was determined to benefit from the latest trend in new technology.