Showing 1-10 of 25 results
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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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Most EPS forecasts revised downward
Business, Published on 14/09/2019
» We have cut our earnings per share (EPS) forecasts for 2019 and 2020 after the Stock Exchange of Thailand reported second-quarter EPS of 20.53 baht, well below our expectations of 23.30 baht, as well as a string of earnings downgrades for stocks under (and outside) Tisco's coverage.
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Fresh virus spikes give investors pause
Business, Published on 22/02/2020
» Recap: Most Southeast Asian stock markets ended lower yesterday, with Indonesia losing the most and Thailand the sole gainer, as a sharp rise in new coronavirus cases dented the appeal of riskier assets.
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SET down 29.00 points to 1,540.55 at opening
Online Reporters, Published on 27/01/2020
» Thai stocks opened down 1.85% at the start of trade this morning.
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Classical music by young and old
Life, Published on 26/03/2019
» Japanese conductor Hikotaro Yazaki will return to lead a professional orchestra and a youth orchestra in two concerts this week and next.
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SET reviving after Wall Street scare
Business, Published on 16/10/2018
» The Thai stock market -- along with other emerging markets -- took a big hit last week after the US 10-year Treasury yield surged to 3.25% from 3.05% a week earlier as investors rushed to sell government bonds in anticipation of an interest-rate increase. This led to the Dow Jones Industrial Average falling more than 1,300 points (5%) on Wednesday and Thursday with the tech sector seeing most of the decline.
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Virtual bank applications to open in March
Business, Somruedi Banchongduang, Published on 01/03/2024
» The Bank of Thailand is scheduled to open the application period for virtual banking licences this month, attracting several business operators.
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Spotlight on fourth-quarter earnings
Business, Published on 06/01/2024
» Now that the US Federal Reserve has started to signal that interest rates will fall this year, funds have increasingly returned to equities.
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SCB assesses its digital future
Business, Somruedi Banchongduang, Published on 07/10/2023
» Siam Commercial Bank (SCB) has unveiled its "Digital Bank with a Human Touch" vision of evolving into a fully digital bank by 2025, with more than 95% of customers completing transactions on digital platforms.
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Robinhood set to extend reach into OTA services
Business, Suchit Leesa-nguansuk, Published on 27/05/2021
» Online food delivery service provider Robinhood has vowed to double its investment budget to 300 million baht this year as it expands its reach into online travel agent (OTA) services.
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