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BUSINESS

Economists upbeat on 2023

Business, Sirivish Toomgum, Published on 08/12/2022

» Thailand's economic outlook remains positive for next year despite global headwinds, according to economists.

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BUSINESS

The Zeronomics challenge

Asia focus, Published on 13/09/2021

» The transition to net zero carbon emissions is one of the biggest challenges facing our generation. The Paris Agreement -- intended to stave off the worst effects of climate change by keeping global warming below 2°C -- requires companies and economies to move at an unprecedented pace.

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BUSINESS

Predee bombshell hits baht trading

Business, Published on 02/09/2020

» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.

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BUSINESS

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.

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BUSINESS

Long-term matchmaker

Asia focus, Tanyatorn Tongwaranan, Published on 27/08/2018

» A healthy financial sector is the lifeline for any economy that wants thrive. For a developing country such as Vietnam, it has taken years to restructure its underbanked economy and build a more efficient and sustainable financial system.

BUSINESS

Asian shares drift lower in thin Pre-Holiday trade

Business, Published on 26/12/2016

» Recap: The oil price retreat and lack of positive market-moving factors weighed on Asian stocks last week. Thai shares also tracked the fall in the regional bourses, but buying in tax-saving funds ahead of the year-end limited the downside.

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BUSINESS

Money mess

Asia focus, Narendra Kaushik, Published on 05/12/2016

» Saurabh Goyal is facing the worst time of his life. The director of BD Green Homes, a New Delhi real estate company, he has not made a single property deal since the government launched its surprise demonetisation campaign.

BUSINESS

Set rides wave of ECB euphoria to 5.3% Gain

Business, Published on 26/01/2015

» Recap: An aggressive stimulus move by the European Central Bank (ECB) stoked a global stock rally last week. The Thai market also tracked the euphoria.

BUSINESS

Baht gains, bonds rise

Bloomberg News, Published on 23/05/2014

» Thailand’s baht rose to within 0.2% of its level prior to Thursday’s coup and bonds gained on optimism a military takeover will bring stability after six months of political unrest.

BUSINESS

Standard Chartered rejects Iran money laundering claims

AFP, Published on 08/08/2012

» LONDON: Shares in emerging markets specialist Standard Chartered Bank plunged Tuesday after US regulators charged that it hid $250 billion in deals with Iranian banks in violation of US sanctions.