Showing 1 - 10 of 10
HSBC seeks to appease investors
Business, Published on 05/05/2018
» HSBC Holdings Plc's new chief executive sought to mollify investors with a share buyback of up to $2 billion, as the bank reported yesterday an unexpected 4% drop in first-quarter pre-tax profit due to a surge in spending.
LHFG Q4 net profit gains, impairment dips
Business, Somruedi Banchongduang, Published on 16/01/2018
» Land and Houses Financial Group Plc (LHFG), the parent of LH Bank, has delivered a 16.8% year-on-year increase in its unaudited net profit during the three months to December, largely helped by a sharp decline in impairment charges for credit losses.
SCB using app to push retail loans
Business, Somruedi Banchongduang, Published on 16/01/2018
» Siam Commercial Bank (SCB), the country's second-largest lender by assets, aims to lend 10 billion baht in retail loans through its mobile banking app this year after it rolls out the service for smartphones.
NFI aims to boost Thai Halal food industry
Published on 14/01/2018
» The term "Halal" refers to what is permissible according to traditional Islamic law. Although Halal is usually associated with dietary laws, it is actually not limited to only food and beverages. Nowadays, the halal industry has expanded to various other manufacturing sectors such as pharmaceuticals, cosmetics, toiletries and medical equipment, as well as in service sectors such as logistics, financing, banking and tourism.
Banking on the greater good
Business, Post Reporters, Published on 13/01/2018
» William McChesney Martin Jr, who was chairman of the Federal Reserve for 19 years, famously quipped that his job was to take away the punch bowl just when the party got going. Those words have come to embody the work of a central banker, who at times must implement unpopular measures for the sake of the greater good.
Private sector warming to wage hike
Business, Published on 10/01/2018
» Businesses have agreed on a planned minimum wage hike, details of which are to be settled by mid-month, but they argue that the increase should not be imposed at the same rate nationwide.
Developers banking on megaprojects
Business, Post Reporters, Published on 09/01/2018
» Medium-sized developers have pinned their hopes on the country's economic growth and government spending in megaprojects to help boost the property market this year.
MUFG set to book 1-trillion-yen profit
Kyodo News, Published on 28/04/2015
» Mitsubishi UFJ Financial Group Inc is expected to become the first Japanese bank to post a group net profit exceeding 1 trillion yen (273.66 billion baht or $8.4 billion) when it reports results for past financial year to March 31, sources close to the matter said on Monday.
Japan bank integrates with Ayudhya
Kyodo News, Published on 05/01/2015
» The Bank of Tokyo-Mitsubishi UFJ on Monday integrated its branch in Bangkok with its Thai subsidiary, the Bank of Ayudhya, which it acquired in late 2013 as part of its expansion of operations in Southeast Asia.
Heavy legal costs push Deutsche Bank into loss
Business, Published on 30/10/2014
» FRANKFURT: Deutsche Bank AG yesterday reported a net loss in the third quarter as heavy legal costs weighed on earnings, while a modest rise in investment banking results lagged many of the big gains seen by its peers.