Showing 1 - 10 of 39
Thailand ranks No.2 among Asian IPOs
Business, Darana Chudasri, Published on 29/12/2020
» Thailand grabbed the No.2 spot for initial public offerings (IPOs) in Asia in 2020, raising US$4.96 billion in total, behind only China if excluding cross-listed shares from other bourses such as infrastructure funds (IFFs) and real estate investment trusts (REITs).
MTL banking on property to hike return
Business, Darana Chudasri, Published on 06/11/2019
» Muang Thai Life Assurance (MTL) is adding property to its investment portfolio, splurging 3.8 billion baht to construct an office building aiming for higher returns to match long-term insurance's liability obligations amid the low interest rate environment.
KS lifts 12-month SET target
Business, Darana Chudasri, Published on 10/07/2019
» Kasikorn Securities (KS) remains bullish on local stocks and has raised its 12-month forward target for the SET index to 1,775 from the previous 1,725.
SCB Julius Baer eyes 10% of wealth niche
Business, Darana Chudasri, Published on 13/06/2019
» SCB Julius Baer, a strategic wealth management joint venture, aims to take up a 10% market share of Thailand's private banking industry over the next five years by attracting investment from local high net worth (HNW) individuals.
TU banking on innovation to spur growth
Business, Darana Chudasri, Published on 08/06/2019
» SET-listed Thai Union Group Plc (TU), a global seafood conglomerate, aims to innovate for sustainable business growth, increasing the contribution from innovative products to 10% of total revenue within five years.
SCB, FWD Group set to reach life insurance deal
Business, Darana Chudasri, Published on 30/03/2019
» Siam Commercial Bank (SCB) expects FWD Group to reach a deal to acquire its life insurance unit later this year.
SAM eyes B11.6bn from debt collection
Business, Darana Chudasri, Published on 21/02/2019
» Sukhumvit Asset Management Co Ltd (SAM), a non-performing loan (NPL) and bad-asset management company, aims to generate cash from debt collection of 11.6 billion baht this year, with plans to purchase NPLs and non-performing assets (NPAs) to the tune of 16.5 billion baht.
SCB shoots for 12m digital users in 2021
Business, Darana Chudasri, Published on 08/12/2018
» Siam Commercial Bank (SCB) aims for 12 million users of its digital banking platform in the next three years through 2021, with a much-touted digital lending service set to roll out in the first three months of 2019.
BAY: No intention to trim Ngern Tid Lor holding
Business, Darana Chudasri, Published on 01/11/2018
» Bank of Ayudhya (BAY), the country's fifth-largest commercial bank by assets, says it has no plans to downsize its 50% shareholding portion in Ngern Tid Lor Co Ltd, while the 50% deal in equity sales is expected to be completed in next year's first quarter.
SET chief urges 'last resort' state lending if crisis occurs
Business, Darana Chudasri, Published on 28/09/2018
» The state should consider the role of "lender of last resort" for Thailand's capital market to ensure sufficient liquidity in case of a financial crisis, says the Stock Exchange of Thailand (SET).