TOKYO & BANGKOK, Mar 11, 2022 - (ACN Newswire) - Krungthai Card Public Company Limited., one of the leading card issuing company and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, announce the launch of issuing the KTC JCB Ultimate Credit Card in Thailand.
Ultimate is the highest status card to accommodate higher income customer and KTC JCB ULTIMATE Credit Card will be the first issued JCB Ultimate card in Thailand. KTC JCB ULTIMATE cardholders will be able to enjoy the JCB Ultimate service additionally to the JCB Platinum service which offers special benefits at restaurants and online merchants. In addition, KTC will provide 2x KTC FOREVER points when spend in foreign currency (other than THB) and card members can enjoy 2 times complimentary access to Royal Silk Lounge when flying international flights or domestic flights within Thailand with Thai Airways or Thai Smile Airways.

Mr Rathian Srimongkol, President & Chief Executive Officer "KTC" or Krungthai Card Public Company Limited, said, "KTC was honored by JCB to be the first credit card in Thailand to issue a credit card of the highest status, that is, the 'KTC JCB ULTIMATE Credit Card' to expand the membership base to those who earn 50,000 baht or more, love to travel with a taste of fine dining, and often shop online. KTC truly hopes that the special privileges of the card will be the go-to option for those that love everything Japanese and have fun with living like the "Live life that is 'Ultimately Yours'" slogan.

Mr Ryo Morita, Managing Director of JCB International (Thailand) Company Limited said, "We are delighted to announce the first JCB Ultimate card in Thailand with KTC. Our Ultimate service focuses mainly on online merchants to accommodate to the new normal. JCB has analyzed the payment transaction to match the need and we strongly believe that the new issued card will fit to the lifestyles of our customer. We are also preparing for exclusive offers for overseas traveling especially in Japan after the boarder is open."

About KTC

KTC is a Thailand's leading credit card company founded in 1996, and operates issuing business, acquiring, payment service provider, and personal loan. KTC's strategy focuses on building membership base to sustain company's profits in which credit card and personal loan are core businesses. Besides, the company has offered other related businesses to satisfy its members. As of December 30, 2021, KTC had over 2.5 million credit card accounts. For more information, please visit: https://www.ktc.co.th/en

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 37 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

Contacts

KTC
Kandtharat Chermchitphong
Paradee Thesratanavong
Public Relations
Tel: +63-2-828-5049
Email: [email protected]

JCB
Ayaka Nakajima
Corporate Communications
Tel: +81-3-5778-8353
Email: [email protected]

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comKrungthai Card Public Company Limited., one of the leading card issuing company and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, announce the launch of issuing the KTC JCB Ultimate Credit Card in Thailand.

Many countries are finally letting go of all the restrictions we’ve had for what feels like an eternity. So naturally, this means that places are opening up, and event calendars are being filled up. So naturally, cryptocurrency will have some events of its own.  I’m sure that many have an urge to travel as soon […]

The post Top Blockchain Conferences 2022: Where to get industry insight? appeared first on Coin Bureau.

HONG KONG, CHINA, Feb 19, 2022 - (ACN Newswire) - With Hong Kong facing an onslaught from the fifth wave of the pandemic, the Deloitte Foundation today launches a program to donate much-needed anti-epidemic supplies to support frontline workers, low-income families, under-privileged children, and the elderly.
The Foundation has so far procured over 100,000 COVID-19 rapid testing kits, together with facemasks, hand sanitizers, and disinfection wipes. We are distributing these supplies to frontline workers including the police force, medical workers and the most vulnerable in society directly and through various charities in Hong Kong.

"As part of the Hong Kong SAR community, we must join forces with the government to work hand in hand to combat this pandemic. We will spare no effort to do what matters most for society during these critical times by leveraging all power and resources, to support the HKSAR government to secure the health and security of all Hong Kong people," says Deloitte China CEO Patrick Tsang.

Deloitte China Chairman and Secretary-General of Deloitte Foundation (Hong Kong) Dennis Chow says, "Frontline workers, especially the police force and the medical workers, are carrying out their duties every day under severe conditions. The whole business community is thankful for everything they are doing during this fifth wave, which is putting the healthcare system in Hong Kong under severe pressure. It's only right that we show our appreciation for their efforts and do whatever we can to help Hong Kong through this challenging time."

"During these critical and challenging times, Deloitte China and the Deloitte Foundation are committed to supporting frontline workers, the most vulnerable, and underprivileged groups in society," adds Deloitte China Southern Region Managing Partner Edward Au. "We have been able to leverage our network of suppliers and regional procurement teams across China to do what we can to ensure Hong Kong has what it needs to fight back against the fifth wave."

All of us at Deloitte China express our deep gratitude for the dedicated work of frontline workers at this challenging time.

About the Deloitte Foundation
The Deloitte Foundation was established in Chongqing and Hong Kong in June 2015 to centralize the management of charitable donations and support Deloitte's corporate responsibility programs.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms, and their related entities (collectively, the "Deloitte organization"). DTTL (also referred to as "Deloitte Global") and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the "Deloitte organization") serves four out of five Fortune Global 500 companies. Learn how Deloitte's approximately 345,000 people make an impact that matters at www.deloitte.com.

Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which are separate and independent legal entities, provide services from more than 100 cities across the region, including Auckland, Bangkok, Beijing, Hanoi, Hong Kong, Jakarta, Kuala Lumpur, Manila, Melbourne, Osaka, Seoul, Shanghai, Singapore, Sydney, Taipei and Tokyo.

The Deloitte brand entered the China market in 1917 with the opening of an office in Shanghai. Today, Deloitte China delivers a comprehensive range of audit & assurance, consulting, financial advisory, risk advisory and tax services to local, multinational and growth enterprise clients in China. Deloitte China has also made - and continues to make - substantial contributions to the development of China's accounting standards, taxation system and professional expertise. Deloitte China is a locally incorporated professional services organization, owned by its partners in China. To learn more about how Deloitte makes an Impact that Matters in China, please connect with our social media platforms at www2.deloitte.com/cn/en/social-media.

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms or their related entities (collectively, the "Deloitte organization") is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser.

No representations, warranties or undertakings (express or implied) are given as to the accuracy or completeness of the information in this communication, and none of DTTL, its member firms, related entities, employees or agents shall be liable or responsible for any loss or damage whatsoever arising directly or indirectly in connection with any person relying on this communication. DTTL and each of its member firms, and their related entities, are legally separate and independent entities.

2022. For information, contact Deloitte China.

Contact: Ashley Leung
Tel: +852 2109 5261
Email: [email protected]

Contact: Lyanna Chan
Tel: +852 2238 7111
Email: [email protected]


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comWith Hong Kong facing an onslaught from the fifth wave of the pandemic, the Deloitte Foundation today launches a program to donate much-needed anti-epidemic supplies to support frontline workers, low-income families, under-privileged children, and the elderly.

Thailand’s central bank and financial regulator have shared their views and positions on regulating the new, digital-powered financial landscape, outlining plans to issue virtual banking guidelines, rules on the use

The post Thailand’s Financial Regulator Lays out Plans for Payments Using Digital Assets appeared first on Fintech Singapore.

The Singapore-based company, Crypto.com, has hired the former TechChurch and The Ken reporter, Jon Russell as their Asian-based general partner. And with this new development, they hope to expand Fund further. Crypto.com’s $200 million Web 3 fund came into existence in March 2012. As of Monday, intending to expand via the venture arm of investing in Series A stages, project at seed and crypto startups, has grown expectedly. Russell, during an interview, made known that the fund is believed to rise to double its current size and will be announced in a few days. Crypto.com is still hiring GP’s, but with the help of Russell, the fund’s acknowledgment will extend to that Asia-based project. Though Bobby Bao, Crypto.com co-founder, currently runs the fund. Things To Know About Jon Russell Jon Russell is a Uk citizen based in Bangkok. He has lived in Thailand since 2008. In 2014 Jon Russell became a reporter for TechChurch focused on all tech-related issues in Asia. Especially all the major names in India, China, and Southeast Asia. Related article | Sports NFT Marketplace Lympo Suffers An $18.7 Million Hack With this, he changed the daily life of people across Asia. And his knowledge and influence in the tech and crypto field are precisely one of the reasons Crypto.com has hired him as one of their General partners in Asia. Crypto.com Expansion in Asia The Capital prior investment of Crypto.com comprises liquidity provider Woo Network and the first fractional-algorithmic stablecoin protocol Frax Finance. VCs to allocate stock to the ecosystem regardless of the bear market. This leaves Sino Global Capital opening to outside investors through a $200 million fund and FTX ascertaining a $2 billion investment. On June 17, 2021, Crypto.com was integrated into the biggest and most effective digital asset transfer network for institutions, Fireblocks Network. And this helper, Crypto.com, reaches about 400+ institutional participants in their network, thereby helping them grow trading volume and global level. In addition, one of the largest banks in the Singapore region, DBS Bank, is now operating a crypto trading desk. And recently, a majority stake in Thai cryptocurrency exchange Bitkub was amassed by Siam Commercial Bank (SCB), Thailand’s bank. Innovation Officer Mukaya Tai and SCB 10x Chief Venture have proclaimed that she foresees world DeFi protocols have interposed banks. Huge institutional yearning for digital assets is quickly growing in Asia. Related article | Largest DeFi Hack Yet? BadgerDAO Hack Results In Loss Of $120M+ Crypto has earned about 2 million transactions and USD 1 billion in TVL and spotlighting projects like VVS Finance and a couple of others. Moreover, Crypto.com motivated developers to build on Cronos via the Cronos Bounty Programme. It will grant USD 1,337,133.7 as the biggest reward and a Hackathon. Featured Image From Twitter

Before now, some countries have mapped out some crypto taxes for transactions on cryptocurrency assets within their jurisdiction. Thailand is one of the countries that proposes some taxation plans. As the new year begins, the revenue department of Thailand is setting up its measures for implementing its tax plans on crypto traders this January. The move is to provide more clarifying information on the tax over crypto-related activities. According to the director-general of the revenue department, this month will mark the finalizing of the criteria for tax calculations which will be on crypto trading profits. The statement’s release was one week following its government’s disclosed plans to levy crypto miners and traders with a capital taxation gain of 15%. A Bangkok Post article on Tuesday reported the instruction of Prayut Chan-o-cha, the Thai Prime Minister, to the revenue department. He told the department to analyze the issue and map out the taxation plans for the investors and the entire public. Related Reading | Upside Potential in NFTs is Massive Says, Gary Vaynerchuk Following the Prime Minster’s instructions, the department has engaged the Bank of Thailand in a discussion. The talk is also the country’s Stock Exchange and Security and Exchange Commission. Cryptocurrency Investors React On Taxation Plan The Thai Digital Asset Association, while seeking clarifications, got in touch with the revenue department on Sunday. A local media reports that the association seeks to know more concerning withholding taxes and capital gains. Suppakrit Boonsat, the President of the Association, stated that many cryptocurrency investors accept the taxation. However, their concern is making moves that may violate the Revenue Code. Some traders are worried that there could be back taxation or penalties to trades and profits in previous years. According to a spokeswoman from the government, the authorities are not posing any hindrance to industrial development and innovation with fintech included. However, she warned that a rush to accept crypto trading without a thorough understanding could lead to a crypto crisis. Thailand intends to place its new taxation only on profits from miners and traders. In addition, there is an exemption of the country’s digital asset exchanges. With the largest affiliated with commercial banks and billionaire business tycoons. Related Reading | January Proves Turbulent For Investors But NFT And GameFi Seems To Be Eating Good According to the latest filing requirements, those that fail to comply with the rule will be heavilThethe move. In addition, they issued some warnings to individual businesses and commercial banks concerning adopting the country’s digital assets as pa through the movement options. In December, through the move Bank of Thailand mentioned its plan of drawing out measures for regulating crypto-related activities. The regulation, which was tagged ‘Red Lines,’ will cover both businesses and individuals within the crypto industry. Featured image from Pixabay, chart from TradingView.com

Representatives of parties from various corners of the political spectrum in Thailand have expressed their disagreements with the government’s plan to tax profits from cryptocurrencies. The reactions come after recent reports revealed that the Finance Ministry in Bangkok intends to introduce a 15% levy on profits from crypto investments and trading. More and more countries […]

Read full post Political parties in Thailand oppose the finance ministry’s 15% tax on crypto profits law. on Chaintimes.com.

Venture capital (VC) investment in property technology (proptech) reached record levels last year. In H1 2021, VC funding totaled US$9.7 billion, suggesting that 2021 could be the biggest year yet

The post 5 Top Proptech Startups from Singapore to Watch in 2022 appeared first on Fintech Singapore.

Start 2022 with a new selection of these PC VR videogames.