Showing 1 - 10 of 11
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.
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.
King Rama X to lead ceremony
News, Post Reporters, Published on 13/10/2017
» His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun will preside over the merit-making ceremonies marking one year since the passing of the late King Bhumibol Adulyadej at the Grand Palace Friday and Saturday, according to the Bureau of the Royal Household.
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.
Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
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.
For Thai banks, partnerships expand reach at low risk
Asia focus, Umesh Pandey, Published on 01/06/2015
» As global banking giants go on a slimming spree and regional banks in Asean say their size is appropriate, banks in Thailand are likely to continue their current strategy of servicing customers via partnerships and opening branches in some neighbouring countries.
Buying spree
Business, Post Reporters, Published on 01/01/2015
» Amid a stagnant economy, the past 12 months saw Thai companies go on a buying spree of local and Western business rivals, aiming to be at the forefront when the global economy picks up and the Asean Economic Community arrives at the end of 2015.
SET rises 5.09 points
Online Reporters, Published on 27/07/2012
» Thai stocks rose slightly on Friday but finished the week down sharply from a week earlier.