Showing 1 - 7 of 7
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.
Lukewarm lending growth for listed banks
Business, Somruedi Banchongduang, Published on 25/07/2017
» Eleven listed commercial lenders' total loans expanded at a tepid pace in the first half, rising slightly less than 2% since the end of last year and reflecting banks' cautious approach and lukewarm loan demand.
US politics dent sentiment but energy shares lift set
Business, Published on 22/05/2017
» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.
After taking the lead in assets, KTB shifts aim
Business, Somruedi Banchongduang, Published on 02/07/2015
» State-owned Krungthai Bank (KTB) has decided to focus on profit improvement after surpassing Bangkok Bank (BBL) as the country's largest lender by assets and deposits, a major milestone reached in the first quarter this year.
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.
Condo bubble danger ahead?
Jon Fernquest, Published on 21/06/2013
» As foreign capital flowed into Thailand recently, many feared stock & real estate prices were far above true value, a bubble ready to burst...
SET rises 5.09 points
Online Reporters, Published on 27/07/2012
» Thai stocks rose slightly on Friday but finished the week down sharply from a week earlier.