Kasikornbank

Lin-gang Exhibition Area becomes catalyst of international cooperation at CIIE

Retrieved on: 
Thursday, November 23, 2023

The Lin-gang Exhibition Area is the first comprehensive exhibition area for enterprises to participate in the CIIE through industrial clusters.

Key Points: 
  • The Lin-gang Exhibition Area is the first comprehensive exhibition area for enterprises to participate in the CIIE through industrial clusters.
  • As a veteran of China's mechanical engineering automation industry, German company Lenze joined the CIIE for the first time through the Lin-gang Exhibition Area.
  • AXA Tianping P&C Insurance Co., Ltd., another first-timer of CIIE through Lin-gang Exhibition Area, signed the first deal of the international facultative inward business of China's international board of reinsurance market.
  • During the CIIE, the ASEAN International Supply Chain Service Forum was held at Lin-gang Exhibition Area.

Lin-gang Exhibition Area becomes catalyst of international cooperation at CIIE

Retrieved on: 
Thursday, November 23, 2023

The Lin-gang Exhibition Area is the first comprehensive exhibition area for enterprises to participate in the CIIE through industrial clusters.

Key Points: 
  • The Lin-gang Exhibition Area is the first comprehensive exhibition area for enterprises to participate in the CIIE through industrial clusters.
  • As a veteran of China's mechanical engineering automation industry, German company Lenze joined the CIIE for the first time through the Lin-gang Exhibition Area.
  • AXA Tianping P&C Insurance Co., Ltd., another first-timer of CIIE through Lin-gang Exhibition Area, signed the first deal of the international facultative inward business of China's international board of reinsurance market.
  • During the CIIE, the ASEAN International Supply Chain Service Forum was held at Lin-gang Exhibition Area.

UnionPay's Innovative Payment Products Showcased at the CIIE for Convenient Cross-Border Payment Services

Retrieved on: 
Tuesday, November 14, 2023

"This product helps businesses manage the travel expenses of their employees and is tailored for the payment demand of professionals in cross-border trade.

Key Points: 
  • "This product helps businesses manage the travel expenses of their employees and is tailored for the payment demand of professionals in cross-border trade.
  • Outside China's mainland, over 200 million UnionPay cards have been issued and 180 UnionPay-standard wallets launched, providing exhibitors with more convenient payment options.
  • A variety of signature products have also appeared at the CIIE such as commercial cards, integrated B2B solutions and the Shop the World platform, which meet the diverse payment needs in cross-border trade.
  • The UnionPay card has a wide customer base in China, and through this platform, we can bring our products to more Chinese consumers."

UnionPay's Innovative Payment Products Showcased at the CIIE for Convenient Cross-Border Payment Services

Retrieved on: 
Tuesday, November 14, 2023

"This product helps businesses manage the travel expenses of their employees and is tailored for the payment demand of professionals in cross-border trade.

Key Points: 
  • "This product helps businesses manage the travel expenses of their employees and is tailored for the payment demand of professionals in cross-border trade.
  • Outside China's mainland, over 200 million UnionPay cards have been issued and 180 UnionPay-standard wallets launched, providing exhibitors with more convenient payment options.
  • A variety of signature products have also appeared at the CIIE such as commercial cards, integrated B2B solutions and the Shop the World platform, which meet the diverse payment needs in cross-border trade.
  • The UnionPay card has a wide customer base in China, and through this platform, we can bring our products to more Chinese consumers."

Siam Piwat gears up for international expansion

Retrieved on: 
Wednesday, September 20, 2023

BANGKOK, Sept. 20, 2023 /PRNewswire/ -- Siam Piwat, Thailand's leading world-class developer of global destinations, the owner and operator of Siam Paragon, Siam Center, Siam Discovery, and a joint venture partner of ICONSIAM and Siam Premium Outlets Bangkok, has announced visions to expand its business both in Thailand and overseas to strengthen its position as a recognized world-class destination developer in the real estate development industry.

Key Points: 
  • BANGKOK, Sept. 20, 2023 /PRNewswire/ -- Siam Piwat, Thailand's leading world-class developer of global destinations, the owner and operator of Siam Paragon, Siam Center, Siam Discovery, and a joint venture partner of ICONSIAM and Siam Premium Outlets Bangkok, has announced visions to expand its business both in Thailand and overseas to strengthen its position as a recognized world-class destination developer in the real estate development industry.
  • Chadatip Chutrakul, Chief Executive Officer, Siam Piwat Group, said, "The retail and real estate development industry across the world is abuzz with activities again after having emerged from the COVID-19 pandemic.
  • To support the long-term investment and business expansion, Siam Piwat has appointed Kiatnakin Phatra Securities PLC.
  • Today, Siam Piwat is ready to take the next confident step towards expanding its business and establishing its presence internationally," concluded Chadatip.

Global Dual Interface Payment Card Market (2022 to 2030) - Size, Share & Trends Analysis Report

Retrieved on: 
Thursday, September 1, 2022

DUBLIN, Sept. 1, 2022 /PRNewswire/ -- The "Global Dual Interface Payment Card Market Size, Share & Trends Analysis Report by Type (Plastic, Metal), by End-use (Retail, Healthcare, Transportation, Hospitality), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 1, 2022 /PRNewswire/ -- The "Global Dual Interface Payment Card Market Size, Share & Trends Analysis Report by Type (Plastic, Metal), by End-use (Retail, Healthcare, Transportation, Hospitality), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
  • The global dual interface payment card market size is expected to reach USD 23.66 billion by 2030, growing at a CAGR of 16.2% from 2022 to 2030.
  • This partnership was aimed at launching a contactless debit card along with a credit line by leveraging dzcard's dual interface EMV debit card.
  • The outbreak of COVID-19 played a vital role in driving the growth of the dual interface payment card market.

Outlook on the Dual Interface Payment Card Global Market to 2030 - Increasing Demand for Contactless Payments is Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, August 29, 2022

At the same time, the strong emphasis of payment service providers on offering enhanced payment solutions to their customers is expected to propel growth.

Key Points: 
  • At the same time, the strong emphasis of payment service providers on offering enhanced payment solutions to their customers is expected to propel growth.
  • Increasing strategic collaborations between banks, hybrid smart cards, and dual interface card manufacturing companies to provide better service and upgrade customer experience is expected to drive the market growth during the forecast period.
  • This partnership was aimed at launching a contactless debit card along with a credit line by leveraging dzcard's dual interface EMV debit card.
  • The outbreak of COVID-19 played a vital role in driving the growth of the dual interface payment card market.

TAT Together With Leading Corporations Launching TAGTHAi Pass – Thailand Digital Travel Pass

Retrieved on: 
Monday, August 29, 2022

Tourism Authority of Thailand (TAT) together with 5 leading corporations; including AIS, TRUE, Kasikorn Bank, ThaiBev, and Dusit Thani, had launched the TAGTHAi Pass a Thai digital travel pass.

Key Points: 
  • Tourism Authority of Thailand (TAT) together with 5 leading corporations; including AIS, TRUE, Kasikorn Bank, ThaiBev, and Dusit Thani, had launched the TAGTHAi Pass a Thai digital travel pass.
  • View the full release here: https://www.businesswire.com/news/home/20220804005451/en/
    TAGTHAi Pass is Thailand's first digital pass for tourism.
  • Provide travelers with the travel pass, travel tips, and emergency contact service.
  • With TAGTHAi Pass, travelers can enjoy sightseeings, activities, and dining experiences in Thailands top travel citiesincluding Bangkok, Chiang Mai, Phuket, and more cities to be launched.

KKR Leads Series B Funding Round in Vietnam’s KiotViet

Retrieved on: 
Thursday, September 2, 2021

KiotViet, a leading merchant platform for micro, small, and medium enterprises (MSMEs) in Vietnam, and KKR, a global investment firm, today announced the signing of definitive agreements under which KKR will participate as the lead investor in the US$45 million Series B funding round of KiotViet (the Company), with participation from its existing investor, Jungle Ventures.

Key Points: 
  • KiotViet, a leading merchant platform for micro, small, and medium enterprises (MSMEs) in Vietnam, and KKR, a global investment firm, today announced the signing of definitive agreements under which KKR will participate as the lead investor in the US$45 million Series B funding round of KiotViet (the Company), with participation from its existing investor, Jungle Ventures.
  • Hao Tran, CEO of KiotViet, said: Micro, small and medium enterprises play a vital role in the domestic economy as a driver for Vietnams future growth.
  • We would also like to thank Jungle Ventures for their continued commitment in supporting our growth, as well as Kasikorn Bank and Cao Viet My for participating in this Series B funding round.
  • For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co.

Bank of Thailand Launches World's First Government Savings Bond on IBM Blockchain Technology

Retrieved on: 
Monday, October 5, 2020

BANGKOK, Thailand, Oct. 5, 2020 /PRNewswire/ --SIBOS --IBM (NYSE: IBM ) today announced that Bank of Thailand (BOT), the central bank, has successfully launched the world's first blockchain-based platform for government savings bonds issuing a total of $1.6B USD within two weeks.

Key Points: 
  • BANGKOK, Thailand, Oct. 5, 2020 /PRNewswire/ --SIBOS --IBM (NYSE: IBM ) today announced that Bank of Thailand (BOT), the central bank, has successfully launched the world's first blockchain-based platform for government savings bonds issuing a total of $1.6B USD within two weeks.
  • According to The Thai Bond Market Association, the outstanding Thai bond market stood at $421B USD as of December 2019.
  • The effort to develop a secure and efficient government bond infrastructure involved collaboration among eight institutions including BOT, Public Debt Management Office, Thailand Securities Depository Co., Ltd, Thai Bond Market Association and selling-agent banks, including Bangkok Bank, Krungthai Bank, Kasikorn Bank, and Siam Commercial Bank, with IBM Blockchain as technology and cloud platform partner.
  • Bank of Thailand now plans to extend blockchain to all other government bonds targeting both retail and wholesale investors.