Showing 1-10 of 13 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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Growing global growth worries put stocks in red
Business, Published on 13/10/2014
» Recap: The International Monetary Fund's reduction of its forecast for world economic growth jolted global stock markets early last week and also sent oil prices plunging. A dovish tone in US Federal Reserve minutes helped ease worries briefly before markets sank again on Friday. Thai shares were hit by foreign investor selling and profit-taking by local investors.
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Tycoons urge unity amid chaos
News, Phusadee Arunmas, Published on 23/03/2020
» Leading tycoons are urging members of the business community to join hands with the government in cushioning the economic impact of the Covid-19 outbreak, says Thai Chamber of Commerce (TCC) chairman, Kalin Sarasin.
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Thai firms looking beyond backyard
Business, Published on 20/06/2017
» Thai companies are looking beyond Asean for mergers and acquisitions, while the stronger baht is expected to help lower financial costs for these deals, HSBC says.
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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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Work in progress
Asia focus, Erich Parpart, Published on 30/01/2017
» Merger and acquisition (M&A) transactions have been surging in Vietnam, as steady economic growth and an expanding middle class draw interest from companies in Thailand, Japan and South Korea among others.
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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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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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Kingsmen CMTI designed for success
Business, ShareInvestor, Published on 11/03/2016
» The company was founded in 1989 and originally called CMTI (Creative, Modular, Technical, International), focusing primarily on interior construction work for exhibitions. In 2002, Kingsmen Group became a partner and our company was renamed Kingsmen CMTI. With our new partner we pivoted our business model toward more retail interior construction and today interior work represents more than half of our business. We are recognised as one of the top interior design and construction companies for both retail space and exhibitions.
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