Showing 1 - 10 of 13
KBank mulling sizeable stake in Myanmar's A Bank
Business, Published on 15/01/2020
» Kasikornbank (KBank) wants to expand its footprint in Myanmar, acquiring a sizeable stake in a bank there.
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.
Bangkok Bank takes over StanChart’s Permata for $2.7bn
Published on 12/12/2019
» Bangkok Bank Plc agreed to buy 89.1% of Indonesia’s PT Bank Permata for about US$2.7 billion in the first major purchase of an overseas lender by a Thai bank.
SET up 0.2%, global markets cringe over trade war fears
Business, Published on 03/03/2018
» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.
Share trade subdued after long-expected Fed move
Business, Published on 19/06/2017
» Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.
Scepticism about Trump tax plan keeps stocks in check
Business, Published on 01/05/2017
» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.
Most talked-about stories of 2014
Business, Post Reporters, Published on 26/12/2014
» Historically, 2014 will go down as another disappointing year for most, as the Thai economy continued to suffer amid political uncertainty, policy questions and weak global growth.
Banks show mixed Q1 results
Online Reporters, Published on 18/04/2014
» Ten banks reported operating results for the first quarter of 2013 on Friday.
Growth quickens on local demand
Bloomberg News, Published on 18/02/2013
» Thailand's economic growth accelerated in the fourth quarter on rising exports and local demand, reducing pressure on the central bank for further interest-rate cuts.
Baht retreats from 16-month high
Bloomberg News, Published on 14/01/2013
» Thailand's baht retreated from a 16-month high amid concern the central bank will intervene to slow gains that hurt exports. Government bonds advanced.