Showing 1 - 10 of 11
Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
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.
Krungsri frets over digital pace
Business, Oranan Paweewun, Published on 13/10/2018
» Krungsri Consumer chairman Thakorn Piyapan is concerned that the country's largest credit card and personal loan lender by number of accounts is not adapting fast enough on digital platforms to capture first-mover advantages amid heightening competition.
Setback for trump hurts us equities but set rises
Business, Published on 27/03/2017
» Recap: Asian stocks drifted last week and Wall Street fell as investors awaited a crucial vote on the US healthcare bill. Its failure on Friday raised questions about President Donald Trump's ability to push through the rest of his agenda including tax cuts. Lower oil prices prompted by persistent worries about the global glut also dampened sentiment. Buying ahead of the dividend season bolstered the Thai stock market but global uncertainties capped gains.
Banks urged to cash in on CLMV growth
Business, Pathom Sangwongwanich, Published on 13/06/2016
» Thai banks have more room to penetrate neighbouring countries' banking sectors, with ample opportunities for loan growth and risk diversification, says an executive specialising in principal investments.
Good week for stocks as concerns EASE about fed
Business, Published on 23/11/2015
» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.
Special mortgages rare at Money Expo
Business, Somruedi Banchongduang, Published on 08/05/2015
» Banks are surprisingly not as keen to offer special mortgages at this year's Money Expo, and bankers say this indicates low demand in the property market.
Global events set tone for choppy trading week
Business, Published on 11/08/2014
» Recap: Asian stock markets last week were jolted by renewed concerns over China's economic health and escalating tension in Ukraine. The Thai stock market was in a tug of war between profit-taking and buying on dips.
SET up 1% on China optimism
Online Reporters, Published on 28/09/2012
» Thai stocks rose 1% on Friday in line with other Asian markets as investors speculated that China's central bank would act soon to spur the world's second-largest economy.