Showing 81 - 90 of 294
2022: Covid impact wanes but persists
Business, Published on 27/12/2021
» The Omicron coronavirus variant that emerged in late November is a wake-up call for us that Covid-19 is not going to disappear soon and quality vaccines remain a key factor to mitigate its impacts. Before 2021 ends, let me share five key economic and investment trends that SCB CIO foresees in 2022.
SCB shoots for 20% return on equity
Business, Somruedi Banchongduang, Published on 24/12/2021
» Siam Commercial Bank (SCB) aims to increase return on equity (ROE) to 20% in five years as part of the bank's ongoing restructuring.
Local unicorn trio prove naysayers wrong
Business, Nuntawun Polkuamdee, Published on 07/12/2021
» The Thai economy witnessed the birth of three unicorn companies this year -- Flash Express, Ascend Money and Bitkub Online -- debunking the belief that the country doesn't have the supporting ecosystem for unicorn startups to thrive.
Bitkub deal likely to hurt small cryptocurrency operators
Business, Published on 04/11/2021
» SCBx Group's acquisition of Bitkub looks likely to cause pain for small cryptocurrency operators as it may significantly boost the exchange's market share, which currently stands at 90%, thanks to the bank's large capital reserves and customer base.
Prolonged lockdowns to cause GDP drop
Business, Nuntawun Polkuamdee, Published on 28/07/2021
» The economic impact from lockdowns may cause Thai GDP to drop by 300 billion baht or 1.7 percentage points, while listed companies' earnings price per share are expected to decline by 4% this year, as reflected in recent decreases in share prices, according to Kasikorn Securities.
Infections and inflation: H2 investment themes
Business, Published on 29/05/2021
» In the first half of this year, the world economy and investments have performed rather well. First-quarter GDP growth in many countries is trending upward, while higher purchasing managers' indices, especially in developed countries, point to a manufacturing recovery.
Sarath’s bid for InTouch draws skeptics
Published on 21/04/2021
» Sarath Ratanavadi, Thailand’s second-richest man, is trying to diversify his empire with a bold bet on digital technology that may cost as much as 53 billion baht.
Portfolio in the palm of your hand
Business, Somruedi Banchongduang, Published on 19/04/2021
» As equity markets have an improved outlook worldwide and interest rates are relatively low across the globe, investors eager for higher returns are turning to mutual funds, which have lapped deposit banking account.
PTT retail arm eyes up to B54bn in IPO
Reuters, Published on 14/01/2021
» PTT Plc, the country's largest oil-and-gas company, has priced an initial public offering (IPO) of shares in retail unit PTT Oil and Retail (PTTOR) to raise up to 54 billion baht, it said on Thursday ahead of what is expected to be among the country's largest listings this year.
Jury still out on BoT measures
Business, Published on 30/11/2020
» The strengthening of the value of the baht is putting the Bank of Thailand in the hot seat again as an influx of offshore fund flows move into emerging market economies, spelling trouble for the export-reliant country.