Showing 1 - 10 of 21
Sycamore, Franchise Group Submit Bids for Kohl's
Business, Published on 04/06/2022
» Kohl's Corp. received takeover bids from private-equity firm Sycamore Partners and retail holding company Franchise Group Inc., according to people familiar with the matter.
Malaysia c.bank raises interest rate in surprise move
Published on 11/05/2022
» KUALA LUMPUR: Malaysia's central bank unexpectedly raised its benchmark interest rate from a historical low on Wednesday, as rising commodity prices, strained supply chains and strong demand conditions fanned inflationary pressures.
Bank of Thailand: More than one solution
Business, Pathom Sangwongwanich, Published on 03/03/2020
» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.
Big C confirms Tesco interest
Business, Pitsinee Jitpleecheep, Published on 17/01/2020
» The top boss of Big C Supercenter has acknowledged that the company is keen to acquire Tesco's Asia business and has submitted its intent to bid.
Bangkok Bank, PTT lead Thai shares higher
Reuters, Published on 30/10/2019
» The Thai benchmark advanced 0.7% to lead the pack in the region, underpinned by gains in financial and energy stocks. Bangkok Bank Plc scaled 6% while oil and gas major PTT Exploration and Production Plc rose 3.4% after posting a jump in quarterly net profit.
Central bank plans steps to curb strong baht
Reuters, Published on 10/10/2019
» Thailand is not in recession but growing below potential and the central bank is ready to take action if needed, while there are also plans for further measures to curb the baht's strength, central bank and government officials said on Thursday.
BoT: Overseas investment ceilings to rise
Published on 04/10/2019
» In the face of a strong baht that has been Asia’s best performing currency this year, the Bank of Thailand will further relax rules on capital outflows before the end of the year, says governor Veerathai Santiprabhob.
Myanamar reforms gather pace
Asia focus, Larry Jagan, Published on 09/04/2018
» Myanmar has reached a critical crossroads with the start of a new financial year as the National League for Democracy (NLD) government enters its third year in office. But concrete plans for accelerated economic and political reform are in the pipeline. They mark a return to the NLD's traditional, populist principles, stressing land rights and economic fairness but with an emphasis on economic liberalisation.
BoT urges time frame
Business, Published on 07/03/2018
» Thailand's central bank should consider a time frame this year for monetary policy tightening, with the economy likely to grow by at least 4%, says Paiboon Kittisrikangwan, deputy governor of the Bank of Thailand.
Philip Morris bets on a smoke-free future
Business, Published on 16/01/2018
» Philip Morris International is switching its strategy to emphasise its heat-not-burn tobacco products, which, according to studies submitted to the US Food and Drug Administration, contain less harmful agents than traditional cigarettes.