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Search Result for “Merger”

Showing 1 - 10 of 2,356

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GENERAL

Steel manufacturers merge to survive

Business, Lamonphet Apisitniran, Published on 28/05/2025

» Two local steel manufacturers -- Thai Coated Steel Sheet Ltd (TCS) and Thai Cold Rolled Steel Sheet Plc (TCRSS) -- have decided to merge to survive the undulations of the steel market given major economic uncertainties as a result of Washington's trade policy.

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GENERAL

Trump shocks markets by touting US-Steel-Nippon deal

Published on 24/05/2025

» US President Donald Trump has announced a partnership between United States Steel Corp and Nippon Steel Corp of Japan, shocking markets with an agreement the he said would keep the once-iconic American firm in the US but otherwise providing no specifics.

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INVESTMENT

Thai traders ramp up foreign stock investments

Business, Nuntawun Polkuamdee, Published on 23/05/2025

» Thais' trading of depositary receipts (DRs) has doubled in value this year, as an underwhelming domestic bourse led local investors to increase their investment in foreign stocks, says the Stock Exchange of Thailand (SET).

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GENERAL

Thailand's richest man raises stake in Kasikornbank, now No.3 shareholder

Published on 19/05/2025

» Gulf Development Plc, controlled by Thailand’s richest man Sarath Ratanavadi, has raised its stake in Kasikornbank Plc to about $610 million, making it the commercial lender’s third-largest shareholder.

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GENERAL

Demand for flights to China has risen recently, Singapore Airlines exec says

Published on 16/05/2025

» SEOUL - Singapore Airlines has seen a surge in passenger traffic into China in recent months, but outbound travel has still not recovered to pre-pandemic levels, Chief Commercial Officer Lee Lik Hsin said on Friday.

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GENERAL

New True chief vows to pay firm's 1st dividend in 25 years

Business, Komsan Tortermvasana, Published on 14/05/2025

» The newly appointed group chief executive of True Corporation has outlined his mission for the first 100 days, writing a new chapter for the telecom company by continuing its profitability, driving operations of trusted services, and strengthening data centre development.

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WORLD

Pakistan's Kashmiris return to homes, but keep bunkers stocked

AFP, Published on 12/05/2025

» CHAKOTHI (PAKISTAN) - As an uneasy calm settled over villages on the Pakistan side of contested Kashmir on Sunday, families returned to their own beds but were sure to leave their bunkers stocked.

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GENERAL

SET rebounding after a bumpy April

Business, Published on 10/05/2025

» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.

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GENERAL

National Telecom told to resolve access charge disputes

Business, Komsan Tortermvasana, Published on 08/05/2025

» The Ministry of Digital Economy and Society has instructed National Telecom (NT) to urgently seek solutions to network access charge disputes between the state enterprise and private telecom operators.

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WORLD

Pakistan warns will 'avenge' deaths from Indian strikes

AFP, Published on 08/05/2025

» MUZAFFARABAD (PAKISTAN) - Pakistan has warned it will "avenge" those killed by Indian air strikes that New Delhi said were in response to an attack in Kashmir, signalling an imminent escalation in the worst violence in decades between the nuclear-armed neighbours.