Showing 1-10 of 11 results
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Predee bombshell hits baht trading
Business, Published on 02/09/2020
» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.
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Dealing with capital inflows into Thailand when the baht appreciates
Jon Fernquest, Published on 14/09/2010
» The US dollar is losing value (weakening, depreciating) while Asian currencies have been gaining value (strengthening, appreciating). This makes Asian exports more expensive which could have a negative effect on the Thai economy.
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Korea adds 505 cases, deaths top 2,800: Virus update
Published on 27/02/2020
» Saudi Arabia halted religious visits that draw millions to cities including Mecca and Medina, while Japan asked for all schools to shut from March 2. More new cases were reported outside China than within the country for the first time, highlighting the spread of the epidemic.
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Bangkok Bank takes over StanChart’s Permata for $2.7bn
Published on 12/12/2019
» Bangkok Bank Plc agreed to buy 89.1% of Indonesia’s PT Bank Permata for about US$2.7 billion in the first major purchase of an overseas lender by a Thai bank.
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SCBT angles for double-digit revenue growth after strong Q1
Business, Published on 17/05/2018
» Standard Chartered Bank Thai (SCBT) expects double-digit growth in revenue this year after its top line grew 10% higher than expected for the first three months, says its head.
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Staying in shape
Asia focus, Umesh Pandey, Published on 01/06/2015
» Asian banks remain healthy and have managed to avoid the ongoing problems faced by some multinationals that have been divesting assets left, right and centre, say some of the region's top finance executives.
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China could outrun US next year ... or never
News, David Fickling, Published on 11/03/2019
» Remember when Japan was going to become the world's biggest economy?
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Long-term matchmaker
Asia focus, Tanyatorn Tongwaranan, Published on 27/08/2018
» A healthy financial sector is the lifeline for any economy that wants thrive. For a developing country such as Vietnam, it has taken years to restructure its underbanked economy and build a more efficient and sustainable financial system.
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Asian shares drift lower in thin Pre-Holiday trade
Business, Published on 26/12/2016
» Recap: The oil price retreat and lack of positive market-moving factors weighed on Asian stocks last week. Thai shares also tracked the fall in the regional bourses, but buying in tax-saving funds ahead of the year-end limited the downside.
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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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