Moody's Investors Service has revised to stable from negative its outlook for banks in Asia Pacific as banking risks in the region are stabilizing
Douglas Abrams, managing director of Expara, had revealed the establishment of Expara Thailand to manage GSB’s first sub fund, which is expected to be active for 4-5 years.
The move, which marked the third hike since December last year, had been widely anticipated and is therefore not expected to have a significant impact on Asia Pacific.
Although the BOT has continually amended the regulations, certain rules are still not in line with the changing economic and financial environment.
Some 48% of bilateral trade between Japan and Thailand is settled in the yen or baht, compared with 51% in the U.S. dollar.
The Thai baht is one of the best-performing currencies in the region this year, rising about 5% against the dollar.
กสิกรไทยเปิดตัวบีคอน เวนเจอร์ แคปิทัล (Beacon Venture Capital) เพื่อเป็นหน่วยงานที่ทำการร่วมลงทุนในสตาร์ทอัพภายใต้แนวคิด The Next Building Block
Less than 12 months ago, Thailand was celebrating its status as one of Asia's best-performing stock markets.
