Showing 1-6 of 6 results
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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.
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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.
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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.
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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.
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Liquor industry: One family control
Jon Fernquest, Published on 28/06/2011
» Liquor industry liberalization happened in 2000 and now "90% of spirit products come from one source - the Sirivadhanabhakdi family."
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Empires make way for new generation
Business, Post Reporters, Published on 02/01/2015
» It's an old Chinese saying: the first generation builds the business, the second makes it a success, but the third wrecks it. In many cases, this old saying has proved to be true.
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