Showing 1 - 10 of 33
TMB, TBank talk merger
Business, Published on 28/12/2018
» Talks of a potential merger between TMB Bank and Thanachart Bank (TBank), including the possibility that the Finance Ministry will inject fresh funds to maintain its shareholding in TMB, are expected to be concluded by the end of January.
Apisak securing draft law for business ease
Business, Wichit Chantanusornsiri, Published on 24/10/2018
» Even as the general election nears, Prime Minister Prayut Chan-o-cha is pushing the Finance Ministry to complete a new draft Secured Transactions Act to facilitate business operations and raise the country's ranking in the World Bank's Ease of Doing Business list.
Bank of Thailand pushes CLMV transfers
Business, Wichit Chantanusornsiri, Published on 02/10/2018
» The Bank of Thailand has initiated a cross-border fund transfer with Cambodia, Laos, Myanmar and Vietnam (CLMV) by scanning QR codes in a move to facilitate deeper integration in the region.
Seeking a balance
Asia focus, Erich Parpart, Published on 01/10/2018
» As returns in Australia, Hong Kong, Japan and New Zealand shrink in the face of high demand and increased restrictions, real-estate investors in Asia are looking for new places to go, with Malaysia and Thailand among their targets.
Draft decree on digital assets approved
Business, Published on 28/03/2018
» The cabinet approved a draft of a royal decree Tuesday to regulate digital-asset-related transactions endorsed by the Council of State.
Panel: Economy firing on all cylinders
Business, Published on 08/02/2018
» The Thai economy is proceeding at full throttle this year, propelled by four active engines: state investment, private investment, exports and household consumption, says Deputy Prime Minister Somkid Jatusripitak.
Share investors tread cautiously ahead of Fed meeting
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
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.
Fund outflows pull down Asian stocks, SET slides
Business, Published on 15/05/2017
» Recap: Most Asian stock markets dipped last week as US dollar strength led to capital outflows. The Thai stock market posted its fifth straight session of losses on Friday as brokers cut earnings growth forecasts for listed companies as the first-quarter earnings season drew to a close.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.