
Citibank Thailand and Line Thailand have jointly introduced Citi Line Connect, a new online platform which seamlessly integrates banking tools into one of the “most popular” chat applications for users.
Citi customers can view their account balances, check transactions and credit line, as well as redeem Line coins with Citi Rewards Points to buy stickers, among other “exciting” features.
It is billed as the first time a financial institution in Thailand has offered an additional online platform for online or mobile banking to engage with customers.
It is claimed that Citi Line Connect brought “banking into the hands of customer and connect with those who use Line on a daily basis in a simple and convenient way”.
CHINA MOVES TO HALT CAPITAL OUTFLOW AND SHORE UP THE YUAN
WHILE United States president-elect Donald Trump takes a more protectionist slant in his economic policies, there is no doubt that in this part of the world the global village is getting smaller and who holds the position of the village head is obvious.
With numbers on its side at every level and sphere, China has the prerequisites. At the end of the day, it boils down to money.
China’s latest restrictions to stamp capital outflow and shore up the strength of the yuan include outbound investments of more than US$10 billion (Bt359 billion), or mergers and acquisitions above $1 billion if these are outside the Chinese investors’ core business, as well as foreign real estate deals by state-owned enterprises involving more than $1 billion.
A UOBKayHian research report says China’s potential curbs “are unlikely to negatively impact the property developers” under their coverage.
The report was not specifically about the impact of the curbs on Chinese investments. But it alluded to it and said “the major alliances of the large deals are mostly government related”. – The Star
ANA FIRST CARRIER TO GET HOLD OF A320NEO
Tokyo-based airline ANA has taken delivery of its first A320neo, becoming the first A320neo operator in Japan.
ANA’s A320neo is configured for 146 passengers in a two-class cabin layout with eight business class seats and 138 economy class seats. It is powered by Pratt & Whitney’s PurePower PW1100G-JM engines. ANA plans to start scheduled commercial services from Japan to Asian cities including China in January.
ANA Holdings, the parent company of ANA, placed orders for a total of 37 A320 Family aircraft including seven A320neos, 26 A321neos and four A321ceos in 2014 and 2015. The company also ordered three A380s this year.
The A320neo Family incorporates the latest engines and aerodynamic enhancements, delivering more than 15 per cent fuel savings from day one and 20 per cent by 2020. With more than 4,800 orders received from 89 customers, the A320neo Family has captured over 60 per cent market share in its category.