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  • THAILAND

    BMA eyes first Green Line debt payment

    News, Supoj Wancharoen, Published on 14/02/2024

    » The Bangkok Metropolitan Administrative (BMA) will notify the Interior Ministry regarding an extra budget for the first tranche of debt, worth over 23 billion baht, owed to the Green Line electric rail service operator.

  • BUSINESS

    BMA mulls transferring new rail lines

    Supoj Wancharoen, Published on 02/08/2022

    » Bangkok governor Chadchart Sittipunt now wants to transfer two new electric rail projects to the Mass Rapid Transit Authority of Thailand (MRTA), while City Hall is still struggling to clear up problems surrounding the Green Line’s concessions.

  • BUSINESS

    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.

  • BUSINESS

    Oil rout drags down asian stocks, But manila shines

    Business, Published on 08/05/2017

    » Recap: Asian stocks fell last week, dragged down by tumbling oil prices on fresh global supply glut concerns. However, the Philippines outperformed the region as stocks rose to a nine-month high. Thai trading was rangebound amid a dearth of market-moving news.

  • BUSINESS

    Investors keep the party going in year's first week

    Business, Published on 09/01/2017

    » Recap: Asian stock markets started the year on a strong footing, rising in response to more upbeat sentiment about the global economy and indications that the US Federal Reserve might not be as aggressive in raising interest rates as earlier predicted. The Thai stock market joined in the rally.

  • BUSINESS

    Investors cheer central banks, Jasmine buoys set

    Business, Published on 26/09/2016

    » Recap: The US Federal Reserve's less-hawkish view on the pace of interest-rate increases, coupled with policy tweaks by the Bank of Japan, buoyed global stock markets last week. The Thai bourse tracked global movements before profit-taking set in on Friday, while a huge tender offer for Jasmine International (JAS) shares also created a bounce.

  • BUSINESS

    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.

  • BUSINESS

    Fed, oil and economic worries push down stocks

    Business, Published on 10/08/2015

    » Recap: Major global stock markets continued to fluctuate last week. The Dow Jones was pressured by underperforming company results and the growing possibility of a Fed rate increase and European bourses fell with global oil prices. Asia's large markets rose, led by gains in China and Hong Kong on growing speculation that the Beijing government would take more steps to restore shaky confidence in equities.

  • BUSINESS

    SET gains as global bourses fret about Greece

    Business, Published on 29/06/2015

    » Recap: The Greek debt crisis cast a cloud over global stock markets last week but Thailand staged a modest rally. Chinese stocks plummeted 8% on Friday as investors rushed to cash out amid signs that an eight-month bull run was ending.

  • BUSINESS

    Set slides below 1,500 on weak earnings outlook

    Business, Darana Chudasri, Published on 01/06/2015

    » Recap: Anxiety over a potential Greek debt default and tightening margin trading requirements for Chinese brokers rattled Asian stock markets last week. Gloomy earnings prospects and the Thai economic slowdown pulled the local bourse below 1,500 points.

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