Showing 1 - 10 of 11
Finance Ministry to hold 99% of IBank
Business, Chatrudee Theparat, Published on 31/05/2018
» The government is set to inject 2 billion baht into state-owned Islamic Bank of Thailand (IBank) as soon as there is an announcement of the amended Islamic Bank of Thailand Act in the Royal Gazette, allowing the Finance Ministry to hold more than 49% of the bank.
Nok Air's new shares fully subscribed
Business, Boonsong Kositchotethana, Published on 01/11/2017
» Cash-strapped Nok Air's latest bid to get shareholders to inject 1.7 billion baht in fresh funds and advance a turnaround plan has been declared a success.
Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
The man on mission to drive the EEC
Business, Chatrudee Theparat, Published on 06/03/2017
» The Eastern Economic Corridor (EEC) has dominated current headlines, with the government pinning high hopes on the development. Generous tax breaks have been awarded to companies investing in skilled industries there.
China and Japan data, fed worries depress stocks
Business, Published on 14/09/2015
» Recap: Global stock markets sagged last week on concerns about the economies of China and Japan after their disappointing economic data. Investors also unloaded equities ahead of the US Federal Reserve's much-awaited meeting this week, even though expectations of an interest-rate rate increase appear to have receded for now.
Gains in oil and fall in Dollar lift Asian shares
Business, Published on 20/04/2015
» Recap: Asian stock markets, especially China, Korea, Hong Kong and Malaysia, marched upward in response to an oil price recovery and hopes that the US Federal Reserve will delay its rate increase in light of weaker US economic data. A buying spree in energy shares also pushed up the Thai stock market in the shortened week after the long Songkran holiday.
SET drifts as global stocks rise on Greek relief
Business, Published on 02/03/2015
» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.
Six launch growth plan
Business, Post Reporters, Published on 16/09/2014
» Thailand's newly appointed economic ministers yesterday outlined a policy platform aimed at boosting short-term growth and rebuilding confidence while also tackling longer-term structural reforms, narrowing economic inequality and wiping out corruption.
Coup leader quits TMB board
Wassana Nanuam, Published on 26/06/2014
» Army chief Prayuth Chan-ocha has resigned as a board member of Thai Military Bank (TMB) in a decision effective Thursday, the bank said.
What's new in business news: April 18, 2014
Jon Fernquest, Published on 18/04/2014
» New Facebook feature finds nearby friends, call to privatize THAI, 4-lane roads first after court ruling.