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Search Result for “FINANCE”

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BUSINESS

TGH's chief takes firm to new terrain

Business, Somruedi Banchongduang, Published on 06/03/2021

» With a vision to fully digitise work operations and transform financial services to a new dawn of better services, SET-listed Thai Group Holdings Plc (TGH) has formulated clear development phases towards regional expansion under the helm of Thakorn Piyapan.

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BUSINESS

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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BUSINESS

Golden Land ramps up investment budget

Business, Kanana Katharangsiporn, Published on 08/03/2016

» SET­-listed developer Golden Land Property Development Plc (GOLD) has raised its annual land investment budget to 3 billion baht from the usual 1-2 billion after securing new funding in January.

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BUSINESS

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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BUSINESS

Buying spree

Business, Post Reporters, Published on 01/01/2015

» Amid a stagnant economy, the past 12 months saw Thai companies go on a buying spree of local and Western business rivals, aiming to be at the forefront when the global economy picks up and the Asean Economic Community arrives at the end of 2015.

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BUSINESS

Top business newsmakers of 2014

Business, Post Reporters, Published on 25/12/2014

» It must be said that Thailand itself became quite a newsmaker along its up-and-down ride throughout the Year of the Horse.

BUSINESS

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.

BUSINESS

ThaiBev seeks loans to buy FNN stake

Published on 23/07/2012

» Thai Beverage Pcl (THBEV), Thailand’s biggest beer maker, is in talks with three banks to help provide financing for its purchase of a US$2.2 billion stake in Fraser and Neave Ltd (FNN), said two people with knowledge of the matter.

ADVANCED NEWS

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."