Showing 1 - 5 of 5
An impressive showing for M&A
Business, Post Reporters, Published on 28/12/2019
» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.
A broadcast veteran channelling his energies
Business, Komsan Tortermvasana, Published on 20/10/2018
» Home shopping operator TV Direct Plc sprang a surprise last month when the company led by Songpol Shanmatkit announced it was taking over 90.1% of Spring News' digital Channel 19 in a deal worth 1.08 billion baht.
Banking's 40,000 cutback question
Business, Published on 13/02/2018
» Scholars are divided over who should be responsible for the more than 40,000 bank employees that are scheduled to be displaced over the next three years by the country's four largest banks.
Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
Asian stocks down over Glum manufacturing data
Business, Published on 28/09/2015
» Recap: Downbeat manufacturing data from the US and China stoked fresh worries over the global economy and sent Asian stock markets down. Sahaviriya Steel Industries Plc's debt woes also rattled Thai stocks with its shares and those of its three major lenders coming under a selling spree.