"Krungsri"

Thailand is expected to see 5.5 million tourists this year despite the Centre for Covid-19 Situation Administration scrapping the Test & Go scheme from May, Krungsri Research said on Wednesday.

Running from 8-14 November 2021 at EmQuartier, the "Marriott Thailand Travel Show" will allow local residents to book attractive stays at hotels across the Kingdom, with special offers for KTC and Krungsri cardholders

This MoU was concluded in order to strengthen the cooperation between Japan and Thailand in digital-related fields. The cooperation that will occur under this MOU includes promoting opportunities for Thai startups to be known internationally and supporting startups from Japan and abroad to be recognized in Thailand.

The acquisition of SHB Finance marks another milestone achievement in Krungsri’s strategic directions of ASEAN expansion, paving the way to aspiration to “Be the Preferred Thai Bank Connecting Customers’ Needs across ASEAN.”

Over the next three years, the biodiesel industry will enjoy improved business conditions thanks to an average annual increase of 3-4 per cent in domestic demand, which will then bring consumption to 5.3-5.7 million litres per day, according Krungsri Researchs outlook.

In a report published on Tuesday, Krungsri Research adjusted downwards Thailand’s GDP growth in 2021 from 2.5 to 2.2 per cent in line with the Covid-19 situation and drought impact.

Krungsri (Bank of Ayudhya Plc) has appointed Kenichi Nishii as head of its Global Markets Group, following the retirement of Tak Bunnag, effective from January 1.

Krungsri (Bank of Ayudhya and its business units) has announced net profits of Bt23.04 billion for 2020, representing a 14.5 per cent drop from its net profit in 2019. The bank attributed the sharp drop to provisioning for future uncertainties given the Covid-19 outbreak in mid-December and the fragile outlook for economic recovery.

Krungsri (Bank of Ayudhya and its subsidiaries) is allowing customers to suspend repayments of loans as part of additional measures to ease financial burdens amid the new Covid-19 outbreak.

Bank of Ayudhya (Krungsri) and SE Thailand joined hands on Wednesday to launch the Social Enterprise Market @Krungsri. The fair is aimed at creating opportunities for social enterprises hit by the Covid-19 crisis. On show are quality products for a better environment and society offered by leading social enterprises, including DoiTung, Doi Kham, Green Net, and The SUPPORT Arts and Crafts International Centre of Thailand. The fair also features fun activities ahead of the festive season.

The East Economic Corridor Office (EECO) has joined hands with Bank of Ayudhya to open the “Krungsri EEC Office”, with an aim to draw Japanese investors.

Krungsri (Bank of Ayudhya Pcl and its business units) and Grab Thailand have unveiled a long-term collaboration on an exclusive basis, jointly introducing two nano-finance products for Grab driver-partners and Grab merchant-partners.