Fitch Rates Bank of Ayudhya’s MTN programme, THB debentures ‘AAA(tha)’

Fitch Ratings has assigned a National Long-Term Rating of ‘AAA(tha)’ to Bank of Ayudhya Public Company Limited’s (BAY, AAA(tha)/Stable) senior unsecured medium-term note (MTN) programme. Fitch has also assigned a ‘AAA(tha)’ National Long-Term Rating to the upcoming senior unsecured debentures that will be issued under the programme. KEY RATING DRIVERSThe MTN programme and senior unsecured […]

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24 ก.พ. 66

Fitch Assigns ‘A+(tha)’ Rating to United Overseas Bank (Thai)’s AT1 Notes

Fitch Ratings has assigned an ‘A+(tha)’ rating to United Overseas Bank (Thai) Public Company Limited’s (UOBT, AAA(tha)/Stable) upcoming issue of Thai baht-denominated Additional Tier 1 (AT1) notes. The notes will be subordinate to the bank’s senior and Tier 2 obligations, and will be included in the bank’s regulatory ratios as AT1 capital. KEY RATING DRIVERSThe […]

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24 ก.พ. 66

PingPong was invited to Co-organize Indonesia E-Commerce Conference 2023, as the only Cross-border Payment Solutions Provider at the conference

PingPong launches a series of localized cross-border payment solutions for Southeast Asian businesses. PingPong Payments, a world’s leading end-to-end payment solutions for global cross-border businesses, attended the Indonesia E-Commerce Conference 2023 as the only payment solutions provider to co-organize the conference. Jack Zhang, General Manager of International Marketing, was invited to share his thoughts about […]

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23 ก.พ. 66

AugmentLabs DAO is launching the world’s most advanced algorithmic stablecoin

AugmentLabs DAO is launching the world’s first algorithmic stablecoin with multi-prong fail-safe mechanisms. This comes on the back of a successfully completed multi-million dollar seed token sale and an ongoing private token sale. A decentralised stablecoin is an absolute necessity for the cryptocurrency space given the collapse of trusted, centralised systems in 2022. Stablecoins are […]

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23 ก.พ. 66

The Future of the Monetary System

The most recent report of the Credit Suisse Research Institute (CSRI) looks at the drawbacks of a US dollar dominant monetary system and possible alternatives The past three years have seen abrupt changes in the global economy, economic policy responses and the realm of geopolitics. Not surprisingly, these changes triggered hefty reactions in financial markets, […]

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22 ก.พ. 66

Panamax Inc., a Bankai Company, makes a Strategic Move for its Core Banking Solution: Acquires Acute Informatics

Panamax Inc., a Bankai Company and global Fintech development leader, recently announced that they had acquired Acute Informatics, an enterprise Digital Core Banking solution and IT Consulting company in Ahmedabad. The acquisition is aimed at empowering Panamax’s digital finance solutions and offering digital core banking solutions globally. The acquisition is vital to getting the right […]

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22 ก.พ. 66

GEMFOREX and David Beckham Collaboration Celebrates its Second Year Together

GEMFOREX, Asia’s leading online financial platform celebrates its second year of a multi-year partnership with sporting icon, entrepreneur, and philanthropist, David Beckham. As one of the world’s most successful athlete-turned-businessmen, David has already helped to promote GEMFOREX and its services across Asia during the last year. A spokesman for GEMFOREX commented: “David has been the […]

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22 ก.พ. 66

TerraPay announces the strategic hire of Sudhesh Giriyan to lead the global remittance business

TerraPay, a leading global payments infrastructure company, announced the appointment of Sudhesh Giriyan as President & Global Head of Remittances, today. Strengthening the company’s senior leadership, this strategic appointment supports TerraPay’s continued global expansion. In his new role, Sudhesh will be responsible for leading TerraPay’s global remittance business, deepening the company’s trust and credibility…

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21 ก.พ. 66
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