Showing 1 - 10 of 23
Siam Commercial Bank's purchase of crypto exchange Bitkub stalled
Published on 01/08/2022
» A deal to sell a majority stake in Thailand’s largest crypto exchange to the nation’s oldest bank remains stuck in due diligence more than eight months after the plan was unveiled, according to the platform’s co-founder.
Bitkub seeks local partner for overseas expansion
Business, Nareerat Wiriyapong, Published on 26/11/2022
» Bangkok-based Bitkub Capital Group Holdings Co has been in talks with prospective local partners in Southeast Asia regarding plans to expand beyond Thailand next year, says founder and group chief executive Jirayut Srupsrisopa.
Ascend Money eyes Asean lead, growth in South Asia
Business, Published on 07/12/2021
» Ascend Money, a digital payment and financial service unicorn of Charoen Pokphand Group's online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia.
Mahidol launches Thailand's 'new normal' of learning
News, Apinya Wipatayotin, Published on 31/08/2020
» Freshmen from Mahidol University started their first day of class with something quite unusual.
Rate cut impact limited
Business, Published on 05/12/2019
» Thailand's financial conditions were tighter than the historical average in the third quarter this year despite a policy rate cut by the Monetary Policy Committee (MPC) in August. This reflected persistent baht appreciation, an increase in corporate spreads and a slowdown in corporate borrowing and commercial bank loan growth.
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.
Sri Panwa Property Fund eyes REIT
Business, Darana Chudasri, Published on 23/08/2016
» Sri Panwa Hotel Property Fund (SPWPF) is set to become the first property fund to convert to a real estate investment trust (REIT).
Nok Air shares gobbled up
Business, Boonsong Kositchotethana, Published on 27/05/2017
» Nok Air confirmed yesterday that almost 82% of its new share offering was taken up despite the refusal of Thai Airways International (THAI) to exercise its subscription rights.
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.
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.