Showing 1 - 10 of 23
Downturn hits tycoon pockets
News, Post Reporters, Published on 09/07/2022
» Amid a slow economic recovery, the collective wealth of tycoons on the 2022 Forbes list of Thailand's 50 richest fell nearly 6% to US$151 billion from a year ago.
An impressive showing for M&A
Business, Post Reporters, Published on 28/12/2019
» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.
Musk tops billionaire rich list
News, Post Reporters, Published on 07/04/2022
» Tesla CEO Elon Musk has for the first time topped Forbes' new World's Billionaires ranking while Thai billionaire Dhanin Chearavanont has dropped from No.103 in last year's ranking to No.137.
Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
Growing global growth worries put stocks in red
Business, Published on 13/10/2014
» Recap: The International Monetary Fund's reduction of its forecast for world economic growth jolted global stock markets early last week and also sent oil prices plunging. A dovish tone in US Federal Reserve minutes helped ease worries briefly before markets sank again on Friday. Thai shares were hit by foreign investor selling and profit-taking by local investors.
Tycoons urge unity amid chaos
News, Phusadee Arunmas, Published on 23/03/2020
» Leading tycoons are urging members of the business community to join hands with the government in cushioning the economic impact of the Covid-19 outbreak, says Thai Chamber of Commerce (TCC) chairman, Kalin Sarasin.
The future of work
Asia focus, Patpon Sabpaitoon, Published on 06/04/2020
» Co-working was a little-known concept when JustCo began developing innovative office spaces nine years ago in Singapore. But now it's here to stay, says Kong Wan Long, who is on a mission to make his company a global player in the field alongside the likes of IWC and WeWork.
Asian equities dip as Fed signals imminent rate hike
Business, Published on 27/02/2017
» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.
SME success stories
Asia focus, Erich Parpart, Published on 27/11/2017
» Southeast Asian small and medium enterprises (SMEs) that have successfully tapped into the global value chain say the keys to success include maintaining product standards and quality, educating customers and offering full-service solutions.
Set pushes above 1,500 as oil rally buoys equities
Business, Nuntawun Polkuamdee, Published on 10/10/2016
» Recap: Asian stock markets climbed as signs of strength in the United States bolstered demand for riskier investments. Higher oil prices also helped propel bourses. Risk-on sentiment and speculation about better third-quarter earnings buoyed the Thai stock market.