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THAILAND

TIDLOR Bonds Sell Out with Oversubscription, Including Greenshoe Option

Published on 19/12/2023

» Ngern Tid Lor Public Company Limited (TIDLOR) was extremely pleased! The three tranches of bonds, with a total offering amount of 4 billion baht, received excellent responses from institutional investors, high net worth investors, and retail investors.

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LIFE

Rayong Money Expo offers green loans

Life, Published on 06/09/2023

» The "Money Expo 2023 Rayong: Green Finance For Green Living" will bring a comprehensive range of financial and investment products and services to the eastern region at Central Rayong daily from 10am to 8pm, starting Friday to Sunday.

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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

Baht surges to 5-year high near 31

Business, Published on 21/02/2019

» The baht soared to its highest level against the dollar in more than five years on Wednesday, on hopes that the US and China would be able to secure a trade deal and avert retaliatory tariffs. Analysts expect the local currency to continue marching past the 31-baht mark.

BUSINESS

Setback for trump hurts us equities but set rises

Business, Published on 27/03/2017

» Recap: Asian stocks drifted last week and Wall Street fell as investors awaited a crucial vote on the US healthcare bill. Its failure on Friday raised questions about President Donald Trump's ability to push through the rest of his agenda including tax cuts. Lower oil prices prompted by persistent worries about the global glut also dampened sentiment. Buying ahead of the dividend season bolstered the Thai stock market but global uncertainties capped gains.

BUSINESS

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.

BUSINESS

Good week for stocks as concerns EASE about fed

Business, Published on 23/11/2015

» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.

BUSINESS

Baht rallies on inflows, current account

Bloomberg News, Published on 02/02/2015

» The baht climbed the most in two weeks after foreign funds pumped money into local stocks and the nation posted a record current-account surplus.

BUSINESS

Global events set tone for choppy trading week

Business, Published on 11/08/2014

» Recap: Asian stock markets last week were jolted by renewed concerns over China's economic health and escalating tension in Ukraine. The Thai stock market was in a tug of war between profit-taking and buying on dips.

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ADVANCED NEWS

Weekly business news quiz: October 21-25, 2013

Jon Fernquest, Published on 25/10/2013

» Check if you understand the issues and vocabulary in this week's most important business news stories.