Showing 21 - 30 of 127
Thitikorn closes in on Myanmar firm
Business, Nuntawun Polkuamdee, Published on 26/05/2020
» SET-listed Thitikorn (TK) is set to finalise the acquisition of a microfinance business in Myanmar next quarter, a move expected to lend support to the company's goal of having 30% of its loan portfolio come from neighbouring countries by year-end 2020.
PTTOR IPO slated to be largest this year
Business, Nuntawun Polkuamdee, Published on 06/04/2020
» The initial public offering (IPO) launch of PTT Oil and Retail Business Co (PTTOR), a wholly owned subsidiary of national oil and gas conglomerate PTT Plc, is expected to increase the share value of PTT by 1.6-3 baht per share and is slated to become this year's largest public offering, says LH Securities.
BAY looks to expand QR in neighbouring countries
Business, Nuntawun Polkuamdee, Published on 30/10/2019
» Bank of Ayudhya (BAY), the country's fifth-largest commercial lender by assets, is targeting Laos, Vietnam and Cambodia as its next destinations for cross-border QR code payment.
SET bent on meeting distant B250bn IPO goal for 2019
Business, Nuntawun Polkuamdee, Published on 11/09/2019
» The Stock Exchange of Thailand (SET) is confident it can create new market capitalisation worth 250 billion baht from IPOs this year, even though these deals have fetched an initial market value of only 55.5 billion so far this year.
SEC says stablecoin won't be employed as fundraising tool
Business, Nuntawun Polkuamdee, Published on 16/07/2019
» The Stock Exchange of Thailand's (SET) stablecoin is to be used as an e-payment medium for clearing and settlement and not a fundraising tool, says a senior official at the Securities and Exchange Commission (SEC).
SET mulls 'stablecoin' to tame Libra
Business, Nuntawun Polkuamdee, Published on 10/07/2019
» The Stock Exchange of Thailand (SET) has floated the idea of launching a digital "stablecoin" to be used domestically at first before expanding into Cambodia, Laos, Myanmar and Vietnam if the asset takes hold.
Credit Suisse promotes impact investing
Business, Nuntawun Polkuamdee, Published on 25/06/2019
» Clients across Asia have shown increasing interest in "impact investing" by offering capital as a means to sustainably address social and environmental challenges, says Credit Suisse.
Thitikorn keeps gaze on foreign lending
Business, Nuntawun Polkuamdee, Published on 29/03/2019
» SET–listed Thitikorn Plc (TK), a leading hire-purchase provider of motorcycles, aims for a twofold increase in loan growth for its overseas business unit, propelled by branch expansion and a new operating licence in Myanmar.
Yoma to issue debentures worth more than B2bn
Business, Nuntawun Polkuamdee, Published on 18/01/2019
» Yoma Strategic Holdings Ltd, a Myanmar-based conglomerate listed on the Singapore Exchange, will raise funds for the first time in Thailand's capital market through baht-denominated debentures worth 2.3 billion baht.
TK cinches loan rules on interest rate hike
Business, Nuntawun Polkuamdee, Published on 25/12/2018
» SET-listed Thitikorn Plc (TK), Thailand's largest motorcycle loan provider, plans to be more stringent on loan approvals as interest rates rise and an economic slowdown is anticipated next year.