Showing 1 - 9 of 9
Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
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.
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.
Krungsri frets over digital pace
Business, Oranan Paweewun, Published on 13/10/2018
» Krungsri Consumer chairman Thakorn Piyapan is concerned that the country's largest credit card and personal loan lender by number of accounts is not adapting fast enough on digital platforms to capture first-mover advantages amid heightening competition.
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.
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.
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.
SET up 1% on China optimism
Online Reporters, Published on 28/09/2012
» Thai stocks rose 1% on Friday in line with other Asian markets as investors speculated that China's central bank would act soon to spur the world's second-largest economy.
Flood-zone home prices?
Jon Fernquest, Published on 06/12/2011
» Flood area property values likely to drop. Flood safe areas (Srinakarin, Bang Na, Rama IX) & condos more attractive.