Showing 1 - 10 of 10
Breaking the family business curse
Business, Nuntawun Polkuamdee, Published on 01/11/2025
» They build, they grow, then they fall. The familiar cycle of family businesses has echoed across continents for centuries. In Thailand, where family-run conglomerates dominate the economy, the question remains whether they can they break the third-generation curse?
Jaspal prepares for SET listing this year to expand
Business, Nuntawun Polkuamdee, Published on 22/06/2023
» Jaspal, the Bangkok-based ready-to-wear clothing company, is planning to float shares on the Stock Exchange of Thailand (SET) this year to mobilise fresh funds for expansion of its fashion and lifestyle business.
Regional shares retreat, foreign selling continues
Business, Nuntawun Polkuamdee, Published on 11/02/2023
» RECAP: Asia-Pacific stocks retreated on Friday, slumping towards a second weekly loss as investors fretted about the potential for further US Federal Reserve tightening.
Rates, inflation and energy have investors' attention
Business, Nuntawun Polkuamdee, Published on 10/09/2022
» RECAP: Global markets remained fixated this week on inflation, interest rates and energy prices. There was added drama in Britain, where the passing of Queen Elizabeth II came just two days after Prime Minister Liz Truss took office and announced a bold plan to cap soaring energy prices for two years.
GL aims for 20% portfolio growth
Business, Nuntawun Polkuamdee, Published on 03/03/2020
» SET-listed Group Lease (GL) expects its loan growth portfolio to grow by 20% this year after overcoming legal issues in Singapore and Thailand, helping to unlock business operations in domestic and overseas markets.
Profit-making GL looks to turn the page
Business, Nuntawun Polkuamdee, Published on 02/03/2019
» SET-listed Group Lease Plc (GL) predicts a rise in this year's net profit because no extra expenses will be incurred, while insisting that the company's cash on hand is sufficient to repay its creditor later this year.
Group Lease downshifting in Cambodia, Indonesia
Business, Nuntawun Polkuamdee, Published on 16/08/2018
» SET-listed Group Lease Plc (GL) will shift its focus to Thailand and Myanmar as Cambodian and Indonesian operations are downsized because of unresolved conflicts with J Trust Asia Pte Ltd (JTA), GL's former partner and major creditor for more than two years.
Group Lease files two suits against JTA and directors
Business, Nuntawun Polkuamdee, Published on 17/05/2018
» Embattled Group Lease Plc (GL) has filed civil and criminal lawsuits against J Trust Asia Pte Ltd (JTA) following the Central Bankruptcy Court dismissing JTA's business rehabilitation petition for GL.
Court dismisses contentious GL business rehabilitation plan
Business, Nuntawun Polkuamdee, Published on 20/03/2018
» A business rehabilitation plan for Group Lease Plc (GL) filed by J Trust Asia Pte Ltd (JTA) has been dismissed by the Central Bankruptcy Court on grounds that GL is not insolvent and has never defaulted on its debt repayment.
SET seeks Jaymart ICO clarity
Business, Nuntawun Polkuamdee, Published on 01/02/2018
» The Stock Exchange of Thailand (SET) is asking Jaymart Plc about its draft white paper detailing the company's JFin initial coin offering (ICO) in an attempt to equip investors with in-depth details before they make an investment decision.