Showing 1-10 of 19 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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Hotel spas a win-win business opportunity
Asia focus, SCB EIC, Published on 16/07/2018
» - Spas are among the rising stars of the global wellness industry, with a rapid growth rate that outpaces that of the sector as a whole.
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A broadcast veteran channelling his energies
Business, Komsan Tortermvasana, Published on 20/10/2018
» Home shopping operator TV Direct Plc sprang a surprise last month when the company led by Songpol Shanmatkit announced it was taking over 90.1% of Spring News' digital Channel 19 in a deal worth 1.08 billion baht.
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Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
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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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King Rama X to lead ceremony
News, Post Reporters, Published on 13/10/2017
» His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun will preside over the merit-making ceremonies marking one year since the passing of the late King Bhumibol Adulyadej at the Grand Palace Friday and Saturday, according to the Bureau of the Royal Household.
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Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
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US politics dent sentiment but energy shares lift set
Business, Published on 22/05/2017
» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.
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Stocks climb as prospects for fed rate hike recede
Business, Published on 06/06/2016
» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.
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For Thai banks, partnerships expand reach at low risk
Asia focus, Umesh Pandey, Published on 01/06/2015
» As global banking giants go on a slimming spree and regional banks in Asean say their size is appropriate, banks in Thailand are likely to continue their current strategy of servicing customers via partnerships and opening branches in some neighbouring countries.
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