BANGKOK–(THAI BUSINESS NEWS)–14 Jan. 2019 Mr. Tipakorn Saiphatana (center), KBank Executive Vice President, Mr. Somchai Tejavanija (second from left), Chief Marketing Officer and Senior Executive Vice President, Bangchak Corporation PCL., and Mr. Viboon Wongsakul (first from left), Managing Director, Bangchak Retail Co., Ltd., recently launched the “KBank Service” by appointing Inthanin Coffee and SPAR convenience store […]
Category: Finance
WeWork Closes $6 Billion Investment from SoftBank
Announces Launch of The We Company NEW YORK–(BUSINESS WIRE)–Jan. 08, 2019 WeWork today announced it had received a $6 billion investment from SoftBank. $5 billion is in the form of primary growth capital and the remaining $1 billion in secondary capital which will be used to fund share purchases from investors and employees. WeWork’s post-money […]
“docomo Money Transfer” Mobile Remittance Service to Add China and Thailand
TOKYO–(BUSINESS WIRE)–Dec. 14, 2018 NTT DOCOMO, INC. announced today that it will expand its docomo Money Transfer mobile overseas remittance service to China and Thailand from December 17, bringing the total number of destination countries and regions to 42. Remittances to 70 banks and financial institutions in China and 28 in Thailand will be possible […]
CIMB-Principal Asset Management Group Announces New Chief Executive Officer of ASEAN
Former CEO of ASEAN, Alejandro Echegorri to assume role as Chief Investment Officer with Principal Asia KUALA LUMPUR, Malaysia & BANGKOK, Thailand & JAKARTA, Indonesia & SINGAPORE–(BUSINESS WIRE)–Dec. 12, 2018 CIMB-Principal Asset Management Group today announced Juan Ignacio Eyzaguirre Baraona as the new Chief Executive Officer of ASEAN who will oversee businesses across the region […]
Fieldstone Consolidates Global Structure
JOHANNESBURG–(BUSINESS WIRE)–Nov. 21, 2018 Fieldstone, a leading independent investment bank and financial services provider in the energy and infrastructure sector, has brought together its services and offerings under unified ownership and management on a global basis. Jason Harlan, Fieldstone’s CEO, commented, “We have been working on this consolidation project for some time, and it is […]
CIMB Group Joins RippleNet to Power Instant Payments Across ASEAN
CIMB is one of the first banks to leverage blockchain technology to tap into region’s USD120 billion remittance business SAN FRANCISCO–(BUSINESS WIRE)–Nov. 15, 2018 CIMB Group (“CIMB” or “the Group”) and Ripple have entered into a strategic collaboration to enable instant cross border payments across its various markets. On the back of this partnership, CIMB […]
Thailand’s Krungsri Asset Management Enhances Portfolio Management Capabilities with Charles River IMS
MELBOURNE, Australia–(BUSINESS WIRE)–Nov. 01, 2018 Krungsri Asset Management Co Ltd. (Krungsri Asset), a leading Thai asset management company, is live with enhanced portfolio management capabilities across all asset classes on the Charles River Investment Management Solution (Charles River IMS). A client since 2005, Krungsri Asset uses Charles River IMS for portfolio management, trading and compliance, […]
EMQ Wins the Prestigious Red Herring Top 100 Global Award
SAN FRANCISCO & HONG KONG–(BUSINESS WIRE)–Oct. 29, 2018 EMQ, a leading financial settlement network across Asia, has been honored as a winner of the prestigious 2018 Red Herring Top 100 Global award. The award recognizes the innovations and technologies of the leading startups from North America, Europe, and Asia. This press release features multimedia. View […]
KBank successfully tests instant cross-border payments with SWIFT gpi
BANGKOK–(THAI BUSINESS NEWS)–Oct. 25, 2018 KASIKORNBANK (KBank) teamed up with SWIFT and a group of banks from Asia Pacific, to carry out the trial of SWIFT’s new instant cross-border payments proof of concept. This trial successfully demonstrated that by enabling gpi in real-time domestic systems, payments can be effected in seconds, even when they involve domestic […]
EMQ and FOMO Pay Partner to Bolster the Digital Payment Revolution across “One Belt One Road ” Economic Corridors
HONG KONG & SINGAPORE–(BUSINESS WIRE)–Oct. 24, 2018 EMQ, a leading financial settlement network in Asia, and FOMO Pay, the award winning QR code payment solution provider in Singapore, has announced a partnership to support the growing demand for real-time international settlements from Singapore to China, with the ability to expand across other countries in Asia. […]
KResearch holds press conference on Thailand’s 4Q18 economic outlook
BANGKOK–(THAI BUSINESS NEWS)–Sep. 28, 2018 At KBank Phahon Yothin Building, Dr. Charl Kengchon, KResearch Managing Director, along with other executives recently held a press conference on Thailand’s economic outlook for 4Q18. KResearch has revised upward its growth forecast for the Thai economy in 2018 to 4.6 percent on the back of better economic performance during […]
Bit One Hong Kong : “Made in Japan” Cryptocurrency Exchange Is Now Coming!
TOKYO–(BUSINESS WIRE)–Sep. 07, 2018 BitOne Trade HK, which is a cryptocurrency trading platform operated via Bit One Hong Kong Limited, an affiliated company of Bit One Group Co.,Ltd., a Japanese listed company (TOKYO: 2338), (Director：Kimura Junichi, Location：Flat A, 25/F, Block 3, Golden Dragon Industrial Centre, 182-190 Tai Lin Pai Road, Kwai Fon Kowloon, Hong Kong), […]