Showing 1-10 of 12 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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Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
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Chearavanonts head list of 50 richest
Business, Published on 03/06/2016
» The Chearavanont brothers led by Dhanin Chearavanont, chairman and chief executive of Charoen Pokphand Group, remain the wealthiest family in Thailand this year, according to Forbes magazine.
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Asian equities dip as Fed signals imminent rate hike
Business, Published on 27/02/2017
» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.
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Set pushes above 1,500 as oil rally buoys equities
Business, Nuntawun Polkuamdee, Published on 10/10/2016
» Recap: Asian stock markets climbed as signs of strength in the United States bolstered demand for riskier investments. Higher oil prices also helped propel bourses. Risk-on sentiment and speculation about better third-quarter earnings buoyed the Thai stock market.
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Chearavanont family keeps crown as rich Thais get richer
Business, Published on 01/06/2017
» The Chearavanont brothers, led by Dhanin Chearavanont, honorary chairman of Charoen Pokphand (CP) Group, Thailand's agriculture and food conglomerate, remain the wealthiest family in Thailand this year, according to Forbes magazine.
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Buying spree
Business, Post Reporters, Published on 01/01/2015
» Amid a stagnant economy, the past 12 months saw Thai companies go on a buying spree of local and Western business rivals, aiming to be at the forefront when the global economy picks up and the Asean Economic Community arrives at the end of 2015.
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Golden Land ramps up investment budget
Business, Kanana Katharangsiporn, Published on 08/03/2016
» SET-listed developer Golden Land Property Development Plc (GOLD) has raised its annual land investment budget to 3 billion baht from the usual 1-2 billion after securing new funding in January.
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Top business newsmakers of 2014
Business, Post Reporters, Published on 25/12/2014
» It must be said that Thailand itself became quite a newsmaker along its up-and-down ride throughout the Year of the Horse.
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Wealthy brace for tax bill
Business, Wichit Chantanusornsiri, Published on 02/12/2014
» Heirs of the country's 50 richest people will shoulder almost 300 billion baht in estimated payments if the inheritance tax takes effect.
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