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Search Result for “30 billion”

Showing 1 - 10 of 210

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GENERAL

Spotlight on fourth-quarter earnings

Business, Published on 06/01/2024

» Now that the US Federal Reserve has started to signal that interest rates will fall this year, funds have increasingly returned to equities.

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GENERAL

SCB assesses its digital future

Business, Somruedi Banchongduang, Published on 07/10/2023

» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.

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BUSINESS

Unmasking changes to Covid restrictions

Business, Janine Phakdeetham, Published on 22/06/2022

» As Thailand plans to downgrade Covid-19 to endemic status in July, several rules from the pandemic era such as wearing a mask in public and mandatory purchase of Covid health insurance to enter the nation for foreign visitors are set to change.

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BUSINESS

Economic outlooks diverging in second quarter

Business, Published on 24/04/2021

» It is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers' indices and labour market indicators, show good signs of revival.

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BUSINESS

The world after Covid

Business, Piyasak Manason, Published on 27/06/2020

» The second quarter of 2020 has seen a divergence between the investment world and real economic conditions. Despite a recent uptick, the global economy is still contracting: the IMF has just downgraded its global GDP forecast to -4.9% from -3.0%.

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BUSINESS

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.

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BUSINESS

Most EPS forecasts revised downward

Business, Published on 14/09/2019

» We have cut our earnings per share (EPS) forecasts for 2019 and 2020 after the Stock Exchange of Thailand reported second-quarter EPS of 20.53 baht, well below our expectations of 23.30 baht, as well as a string of earnings downgrades for stocks under (and outside) Tisco's coverage.

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BUSINESS

A broadcast veteran channelling his energies

Business, Komsan Tortermvasana, Published on 20/10/2018

» Home shopping operator TV Direct Plc sprang a surprise last month when the company led by Songpol Shanmatkit announced it was taking over 90.1% of Spring News' digital Channel 19 in a deal worth 1.08 billion baht.

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BUSINESS

SCB's digital transformation takes shape

Business, Published on 31/08/2018

» Siam Commercial Bank's cost-to-income ratio is expected to peak by the first quarter of next year after hefty investment under the five-year SCB Transformation programme.

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BUSINESS

SET down 36.25 points to 1,773.80 at opening

Online Reporters, Published on 06/02/2018

» Thai stocks opened down 2.02% at the start of trade this morning.