Showing 1-9 of 9 results
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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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SCB, KBank post weaker earnings
Business, Somruedi Banchongduang, Published on 20/01/2018
» Two of the big four commercial banks reported a sharp drop in unaudited consolidated net profit for 2017 and the three months to December, with larger bad-debt provisions taking a toll on balance sheets.
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SME Bank cleared to exit rehab plan
Business, Chatrudee Theparat, Published on 20/01/2018
» The state-owned Small and Medium Enterprise Development Bank of Thailand (SME Bank) yesterday got the nod from the State Enterprises Policy Commission (superboard) to exit its rehabilitation plan, thanks to its improving operating performance and significantly lower non-performing loans.
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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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SET reaches all-time high of 1,802.80
Business, Nuntawun Polkuamdee, Published on 12/01/2018
» The Stock Exchange of Thailand (SET) index closed at an all-time high Thursday, finishing at 1,802.80 points, with analysts pointing towards the bullish rally going forward thanks to sanguine economic prospects.
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SEC: Bitcoin futures are kosher
Business, Pathom Sangwongwanich, Published on 11/01/2018
» Despite allowing Thai investors to speculate on bitcoin via an international global derivatives trading service, the Securities and Exchange Commission (SEC) has insisted bitcoin futures is a regulated futures contract even as bitcoin itself is not legal tender in Thailand.
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Breaking the gridlock in project financing
Business, Wirot Poonsuwan, Published on 09/01/2018
» An assignment of all construction and supply contracts is invariably an essential element of the security package required by syndicates of Thai banks for financing large construction projects. These include metropolitan mass-rapid rail transit, toll roads, provincial power plants, industrial facilities in the Eastern Economic Corridor, offshore oil and gas platforms, mixed-use commercial and residential complexes in the capital's central business district, and others.
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SET aims to double market cap by 2020
Business, Nuntawun Polkuamdee, Published on 07/04/2017
» The Stock Exchange of Thailand (SET) has set the ambitious goal of doubling market capitalisation to 30 trillion baht in 2020, says its president Kesara Manchusree.
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