Showing 1-10 of 13 results
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Thai banks forecast at least 4% growth for 2018
Business, Somruedi Banchongduang, Published on 09/01/2018
» The research houses of two Thai banks have painted an upbeat picture for the country's economic growth in 2018, forecasting its pace will be at least 4%, underpinned by exports, domestic investment and tourism.
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Corporate loans to rise anew
Business, Somruedi Banchongduang, Published on 22/01/2018
» Positive corporate loan growth, an indicator of private investment, propelled large and mid-sized banks' lending last year, and securities analyst Asia Plus Securities is bullish that the momentum will continue into 2018.
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Fear of fallout over baht's rise
Business, Published on 22/01/2018
» The baht's continuous rise is once again the topic of contentious discussions, with businesses operating in the real sector making the most noise.
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Tisco Bank pumps brake on loan gains
Business, Somruedi Banchongduang, Published on 17/01/2018
» With concerns over high household debt and an uptick in bad loans, Tisco Bank has set a conservative loan growth target of 5% this year, far below the 11.8% loan growth it recorded last year, partly driven by a 33-billion-baht retail loan transferred from Standard Chartered Bank (Thai) (SCBT).
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Mobius still bullish on Thai equities market
Business, Darana Chudasri, Published on 18/01/2018
» Thailand remains a stellar investment destination among emerging markets, with its bull run expected to continue because of the country's sound economic fundamentals, says veteran investor Mark Mobius.
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BAY, TMB, CIMBT report net profit rise
Business, Somruedi Banchongduang, Published on 19/01/2018
» Bank of Ayudhya (BAY), TMB Bank (TMB) and CIMB Thai Bank (CIMBT) saw their unaudited consolidated net profit surge last year thanks to increases in their operating income.
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Fetco: Bull run's fate tied to political news
Business, Published on 19/01/2018
» The stock market's bull run could be fleeting, with a sharp correction possible if there is no clarity on the general election timeline in the third quarter, says the Federation of Thai Capital Market Organizations (Fetco).
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Baht crosses over 32 benchmark
Business, Published on 13/01/2018
» The baht extended its gains on Friday, trading at below 32 to the US dollar and ending the first two weeks of the year up 2%, while exporters have asked the central bank to take measures to put the baht in line with its trade counterparts to retain a competitive advantage.
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Large banks embrace debt fund-raising
Business, Somruedi Banchongduang, Published on 15/01/2018
» Large banks have raised local and foreign currency debentures to lock in cheap costs and increase liquidity in anticipation of higher loan demand, which they expect to be driven by Thailand's positive economic momentum.
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Thailand IPO and M&A activity to peak in 2019
Business, Published on 10/01/2018
» Thailand's dealmaking cycle is predicted to peak in 2019, with the value of both mergers and acquisitions (M&A) and initial public offerings (IPO) forecast to climb over the next two years, before easing back in 2020, according to the third edition of the Global Transactions Forecast, issued by Baker McKenzie and Oxford Economics.
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