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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

Wealthy brace for tax bill

Business, Wichit Chantanusornsiri, Published on 02/12/2014

» Heirs of the country's 50 richest people will shoulder almost 300 billion baht in estimated payments if the inheritance tax takes effect.

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

Ichitan sees AEC sales push

Business, Published on 07/08/2014

» Ichitan Group Plc, one of Thailand's ready-to-drink green tea market leaders, expects sales to reach 10 billion baht in 2016 from an expected 7 billion this year as the company expands into other Southeast Asian markets and diversifies into fruit drinks.

BUSINESS

Market awaits next move in bid for F&N

AFP, Published on 02/01/2013

» Singapore _ The deadline for a Thai billionaire to make an improved bid for Singapore conglomerate Fraser and Neave (F&N) was due to expire Wednesday, with an Indonesian rival waiting in the wings.

WORLD

$3.2bn payout if Heineken offer approved

AFP, Published on 25/08/2012

» The Singapore conglomerate Fraser and Neave (F&N) is preparing to distribute US$3.2 billion to shareholders if they approve the offer by Heineken to buy its stake in Asia Pacific Breweries (APB).

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.