Showing 1 - 10 of 14
Conditional voluntary tender offer values Delta at B88.6bn
Business, Pathom Sangwongwanich, Published on 02/08/2018
» Delta Electronics International Singapore Pte Ltd (DEISG) has made a conditional voluntary tender offer for all ordinary shares of SET-listed Delta Electronics Thailand Plc worth 88.6 billion baht.
IFEC ordered to hold meeting
Business, Pathom Sangwongwanich, Published on 08/06/2018
» The Securities and Exchange Commission (SEC) has ordered embattled Inter Far East Energy Corporation Plc (IFEC) to immediately hold a shareholders' meeting to proceed with selecting new directors and resume the company's operations.
Rocky road to democracy
Asia focus, Pathom Sangwongwanich, Published on 02/01/2017
» 2016 has entered the history books as a highly eventful year, with Brexit and Donald Trump's election victory unnerving many people and causing anxiety about the future of Western democracy. Here in the East, meanwhile, we continue to travel along a rocky road toward fully functioning democracy in many countries, with democratic institutions in some cases dominated by kleptocrats, political dynasties and military strongmen.
Bad loans ready to peak
Business, Pathom Sangwongwanich, Published on 12/08/2016
» The surge in bad loans is expected to peak in the third quarter and take a bite out of commercial banks' quarterly earnings, says a senior central bank official.
EDC system to start in September
Business, Pathom Sangwongwanich, Published on 30/06/2016
» Private merchants registered with the Commerce Ministry's Business Development Department will be required to install at least one electronic data capture (EDC) machine from September, in a bid to promote the national e-payment scheme.
E-payment set for roll-out soon
Business, Pathom Sangwongwanich, Published on 08/04/2016
» The registration process for the national e-payment scheme to link a single bank account with a mobile phone number or citizens' ID card number is expected to start in July, says a senior Bank of Thailand official.
Loans and savings rise in November
Business, Pathom Sangwongwanich, Published on 11/01/2016
» Commercial bank loans and savings expanded in November from a month earlier, according to Bank of Thailand statistics.
Central bank sees signs of recovery
Business, Pathom Sangwongwanich, Published on 31/12/2015
» Despite struggling exports, Thailand's economy managed to improve last month thanks to government expenditure, private consumption and tourism, says a senior Bank of Thailand official.
Structural reform 'will help growth'
Business, Pathom Sangwongwanich, Published on 02/11/2015
» Thailand's economic recovery is expected to gain traction in the final quarter due to effects from the government's stimulus packages, but structural reform is still needed to enhance the country's growth prospects, say economists.
FIDF set to clear debt ahead of schedule
Business, Pathom Sangwongwanich, Published on 13/08/2015
» The Financial Institutions Development Fund (FIDF) now expects to pay off the debt incurred from bailing out troubled financial institutions during the 1997 financial crisis in less than 15 years, earlier than the 24 years previously scheduled.