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BUSINESS

Finance Ministry to hold 99% of IBank

Business, Chatrudee Theparat, Published on 31/05/2018

» The government is set to inject 2 billion baht into state-owned Islamic Bank of Thailand (IBank) as soon as there is an announcement of the amended Islamic Bank of Thailand Act in the Royal Gazette, allowing the Finance Ministry to hold more than 49% of the bank.

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BUSINESS

GSB aims for the top of mobile service segment

Business, Published on 20/11/2017

» As digital banking becomes the new battleground for banks to compete for customers, state-owned Government Savings Bank (GSB) has set its sights to be among the top three mobile banking service providers by number of users in the next two years and the largest in the next five years.

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BUSINESS

Terror in Spain, turmoil in Washington dent stocks

Business, Nuntawun Polkuamdee, Published on 21/08/2017

» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.

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BUSINESS

China and Fed set tone as global shares head south

Business, Published on 16/11/2015

» Recap: Downbeat data out of China and the growing possibility of a US Federal Reserve interest-rate increase jolted global stock markets last week. The costly 1800-megahertz spectrum auction and softer oil prices also weighed on the Thai stock market.

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BUSINESS

Gains in oil and fall in Dollar lift Asian shares

Business, Published on 20/04/2015

» Recap: Asian stock markets, especially China, Korea, Hong Kong and Malaysia, marched upward in response to an oil price recovery and hopes that the US Federal Reserve will delay its rate increase in light of weaker US economic data. A buying spree in energy shares also pushed up the Thai stock market in the shortened week after the long Songkran holiday.

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BUSINESS

SET drifts as global stocks rise on Greek relief

Business, Published on 02/03/2015

» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.

BUSINESS

Six launch growth plan

Business, Post Reporters, Published on 16/09/2014

» Thailand's newly appointed economic ministers yesterday outlined a policy platform aimed at boosting short-term growth and rebuilding confidence while also tackling longer-term structural reforms, narrowing economic inequality and wiping out corruption.

ADVANCED NEWS

Outgoing THAI chief on corruption

Jon Fernquest, Published on 31/05/2012

» Piyasvasti says plane purchase was so bad that planes could not fly because fuel cost greater than money made on flights.