The cost of living has been increasing for consumers across the world over the past 12 months, as the prices for goods and services increased by 13 % on average in local currencies and by 6 % if measured in US dollars, according to the report released by wealth management group Julius Baer on Tuesday.

SCB X Public Company Limited reported a net profit of 37.5 billion baht in 2022, a 5.5% YoY increase, mainly due to strong net interest income growth, cost management discipline, and lower provisions. Nevertheless, it was offset by a fee and investment-related income decline.