Showing 1 - 10 of 786
Economy expected to soar, or just improve
Business, Published on 03/01/2018
» Thailand's stock market is expected to continue its rosy bull run into 2018, assuming the rally will be buoyed by a domestic economic recovery and strong net profits from listed firms.
KTB keying in on low-income earners
Business, Somruedi Banchongduang, Published on 04/01/2018
» Public servants and low-income earners, segments in which Krungthai Bank (KTB) has an advantage, will be the bank's main focus for digital payment services.
Records tumble at home and abroad to welcome 2018
Business, Published on 06/01/2018
» Recap: Global stock markets continued to soar this week, with the Dow Jones index crossing the 25,000-point threshold to a new all-time closing high. Bullish sentiment was supported by a strong US employment rate and the Federal Reserve's upward revision of its forecast for the world's largest economy.
KBank's new notes get mixed ratings
Business, Published on 10/01/2018
» Fitch Ratings has assigned an expected "BBB+(EXP)" rating with a stable outlook for Kasikornbank's (KBank) US dollar-denominated senior unsecured notes, while a Baa1 rating for these notes was assigned by Moody's Investors Service.
Baht crosses over 32 benchmark
Business, Published on 13/01/2018
» The baht extended its gains on Friday, trading at below 32 to the US dollar and ending the first two weeks of the year up 2%, while exporters have asked the central bank to take measures to put the baht in line with its trade counterparts to retain a competitive advantage.
Large banks embrace debt fund-raising
Business, Somruedi Banchongduang, Published on 15/01/2018
» Large banks have raised local and foreign currency debentures to lock in cheap costs and increase liquidity in anticipation of higher loan demand, which they expect to be driven by Thailand's positive economic momentum.
SCB, KBank post weaker earnings
Business, Somruedi Banchongduang, Published on 20/01/2018
» Two of the big four commercial banks reported a sharp drop in unaudited consolidated net profit for 2017 and the three months to December, with larger bad-debt provisions taking a toll on balance sheets.
Fear of fallout over baht's rise
Business, Published on 22/01/2018
» The baht's continuous rise is once again the topic of contentious discussions, with businesses operating in the real sector making the most noise.
KTB net profit takes mighty tumble
Business, Somruedi Banchongduang, Published on 23/01/2018
» State-owned Krungthai Bank's (KTB) unaudited consolidated net profit tumbled by 30.5% last year largely because of a 34.1% surge in loan-loss charges, making it the worst performer among SET-listed bank peers.
SCB seeks to trim staff in digital era
Business, Somruedi Banchongduang, Published on 23/01/2018
» Siam Commercial Bank (SCB) plans to downsize from 27,000 employees to 15,000 over the next three years and transform more than 600 branches to ready itself for the digital banking era.