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BUSINESS

Impact first to set up REIT in Q4

Business, Somruedi Banchongduang, Published on 16/08/2013

» Impact Exhibition Management, a business unit of the SET-listed Bangkok Land Plc, is to launch the country's first real estate investment trust (REIT) in the fourth quarter with a size of 20 billion baht to finance Impact Exhibition's second phase.

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BUSINESS

SSI could regain loan status

Business, Somruedi Banchongduang, Published on 24/07/2013

» Thailand's largest hot-rolled coil steelmaker, Sahaviriya Steel Industries (SSI), will return to normal loan status soon now that its liquidity situation is easing and production at its British unit is improving under a debt restructuring plan, says Siam Commercial Bank (SCB).

BUSINESS

StanChart eyes e-banking

Business, Somruedi Banchongduang, Published on 20/06/2013

» Standard Chartered (Thai) Bank is focusing on online services as a way to ride through the intensifying competition in the consumer finance market and help it to maintain healthy margins in the business.

BUSINESS

Thanachart to bank record revenue in Q2

Business, Somruedi Banchongduang, Published on 09/05/2013

» Thanachart Capital, the parent company of Thanachart Bank (TBank), expects record earnings in the second quarter thanks largely to one-time revenue from the recent divestment of Thanachart Life Assurance in a sale to Prudential Life Assurance (Thailand).

BUSINESS

Thanachart strengthens capital, targets high-yield

Business, Somruedi Banchongduang, Published on 26/03/2013

» Thanachart Bank hopes to see its capital adequacy ratio rise by one to two percentage points this year, bolstered by improved profitability on the back of its focus on high-yield loans and an extra income from the sale of an insurance subsidiary to Prudential.

BUSINESS

KTC stiffens card rules

Business, Somruedi Banchongduang, Published on 29/01/2013

» Krung Thai Card Plc (KTC), the country's largest credit card operator, has tightened its lending rules to prevent damage from non-performing loans (NPLs).

BUSINESS

KTB will restructure loan portfolio in 2013

Business, Somruedi Banchongduang, Published on 29/12/2012

» Krungthai Bank (KTB) will diversify its loan portfolio by boosting its small and medium-sized enterprise (SME) business and focusing more on private individual customers

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BUSINESS

Many firms still not AEC-ready

Business, Somruedi Banchongduang, Published on 26/12/2012

» Kasikornbank (KBank) says the competitiveness of big Thai companies needs improvement, as only two-thirds of large local firms can expect to handle stronger competition in the Asean market.

BUSINESS

Tisco confident of hitting 30% loan growth

Business, Somruedi Banchongduang, Published on 19/11/2012

» Tisco Bank expects to book significant full-year loan growth of 27-30% thanks mainly to auto financing jumping more than expected with the government's first-time car buyer scheme.

BUSINESS

KTC to maintain co-branded card as GSB eyes launch

Business, Somruedi Banchongduang, Published on 20/08/2012

» Krungthai Card (KTC) says it will maintain its credit card co-branded with the state-owned Government Savings Bank despite GSB planning to launch its own card.