Showing 1-10 of 34 results
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Baker Tilly's M&A business hitting its stride in Thailand
Business, Somruedi Banchongduang, Published on 06/11/2014
» The formation of the Asean Economic Community (AEC) late next year and Thailand's established infrastructure system have helped to double outbound and inbound merger and acquisition (M&A) deals by Baker Tilly Corporate Advisory Services (Thailand) this year.
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Borrowers face tougher credit checks
Business, Somruedi Banchongduang, Published on 16/04/2015
» Wary lenders are expected to carry out more rigorous checks of borrowers' credit history to guard against higher bad loans as the country's economic recovery has yet to gather pace and the high household debt continues to rise.
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Special mortgages rare at Money Expo
Business, Somruedi Banchongduang, Published on 08/05/2015
» Banks are surprisingly not as keen to offer special mortgages at this year's Money Expo, and bankers say this indicates low demand in the property market.
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After taking the lead in assets, KTB shifts aim
Business, Somruedi Banchongduang, Published on 02/07/2015
» State-owned Krungthai Bank (KTB) has decided to focus on profit improvement after surpassing Bangkok Bank (BBL) as the country's largest lender by assets and deposits, a major milestone reached in the first quarter this year.
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Legacy planning
Business, Somruedi Banchongduang, Published on 07/09/2015
» As the clock ticks down on inheritance tax enforcement, the affluent are in a hurry to pass their taxable assets to their children, grandchildren, spouses and even parents to avoid large tax payments and keep their fortunes in the family.
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SSI rehabilitation plan 'almost ready'
Business, Somruedi Banchongduang, Published on 17/02/2016
» The business rehabilitation plan of Sahaviriya Steel Industries Plc, the country's largest maker of hot-rolled coil steel, will soon be finished, says Siam Commercial Bank (SCB), one of SSI's major creditors.
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SSI to finish rehab plan by August
Business, Somruedi Banchongduang, Published on 28/03/2016
» The business rehabilitation plan for Sahaviriya Steel Industries Plc (SSI) is expected to be completed by August, one of its bank creditors has said. Among the crucial elements of the programme are a debt-to-equity swap and a new strategic partner.
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Scotiabank shelves TBank divestment
Business, Somruedi Banchongduang, Published on 07/09/2016
» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.
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Superrich digitising with fintech company
Business, Somruedi Banchongduang, Published on 27/02/2017
» Superrich International Exchange (1965) Co, a leading local money changer, is dipping its toe into the burgeoning financial technology (fintech) sector. It is looking to set up a new company to digitise its services, a move that could disrupt the traditional foreign exchange business.
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Scotiabank holding on to TBank
Business, Somruedi Banchongduang, Published on 06/04/2017
» Bank of Nova Scotia (Scotiabank) is still committed to a long-term investment in Thanachart Bank (TBank), a top executive of the parent firm says.
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