The Latest Breaking News from SCB

Secunderabad Cantonment Board polls deferred as defence ministry issues gazette notification

HYDERABAD: Elections to the eight civilian wards in Secunderabad Cantonment Board (SCB) in Telangana — which were supposed to be held on April 30 — have been deferred.

The Times of India · Mar 17, 2023

Asia follows Wall Street down, SET falls below 1,600

RECAP: Asian shares slumped on Friday, with the SET closing below 1,600 points, following a sharp decline on Wall Street amid concern that pockets of trouble in the US banking sector could portend broader dangers.

Bangkok Post · Mar 10, 2023

Baht tipped to strengthen after US rates peak

The baht is likely to recover and strengthen to 33-34 to the US dollar by the end of 2023, as the greenback could go into reverse and start to depreciate in six months, says SCB Chief Investment Office (CIO).

Bangkok Post · Feb 28, 2023

Top thailand industry players unveil insights on 'Future business in the digital era'

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.

Bangkok Post · Dec 9, 2022

Local banks forecast to move this week

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.

Bangkok Post · Dec 7, 2022

SET outlook brightens at 1,600 points and beyond

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.

Bangkok Post · Nov 11, 2022

Cracks in Vietnam rattle investors

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.

Bangkok Post · Nov 3, 2022

Vietnamese property tycoon arrested after multi-million pound fraud bust by police

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

Daily Mirror · Oct 8, 2022

Vietnam arrests real estate tycoon over financial frauds

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.

Reuters · Oct 8, 2022

SCB X rejig targets regional fintech status

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.

Bangkok Post · Oct 5, 2022