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.
Thai firms looking beyond backyard
Business, Published on 20/06/2017
» Thai companies are looking beyond Asean for mergers and acquisitions, while the stronger baht is expected to help lower financial costs for these deals, HSBC says.
Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
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.