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Collapse of the SCB-Bitkub deal
Business, Post Reporters, Published on 27/12/2022
» Siam Commercial Bank (SCB), Thailand's oldest lender, announced on Aug 25 the collapse of its acquisition offer for 51% of the shares of Bitkub Online Co (Bitkub) from Bitkub Capital for 17.8 billion baht, citing regulatory issues.
Rolling with the punches
Business, Post Reporters, Published on 27/12/2022
» This year has been packed with events that highlighted both progress and setbacks — unavoidable realities in the world of business. The year posed challenges for the government and businesses seeking new opportunities post-pandemic, sparked hope among car makers that are anticipating growth of the electric vehicle industry in Thailand, as well as unsuccessful attempts by some companies to further grow their businesses.
Fitch upgrades ratings of 9 Thai financial institutions
Business, Post Reporters, Published on 03/08/2016
» Fitch Ratings has upgraded the national long-term ratings of nine financial institutions in Thailand.