Showing 1-10 of 48 results
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BTS on the hunt for more hotel chains in Europe
Business, Pawee Sirimai, Published on 13/12/2017
» SET-listed BTS Group Holdings Plc (BTS) is mulling the acquisition of another hotel chain in Europe, worth up to 10 billion baht, to reinforce its global presence, says chairman Keeree Kanjanapas.
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Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
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Electric trains may seek PPP
Business, Pawee Sirimai, Published on 04/11/2017
» The Purple Line's southern section and the Orange Line are expected to seek Public-Private Partnership (PPP) committee approval next year, says the head of the State Enterprise Policy Office (Sepo).
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Standard Chartered sees 3.6% growth
Business, Pawee Sirimai, Published on 19/10/2017
» Standard Chartered Bank forecasts the Thai economy will grow 3.6% this year, underpinned by strong export growth, while lower political uncertainty is expected to push GDP growth to 4.3% in 2018.
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SEC set to tighten up B/E regulations
Business, Pawee Sirimai, Published on 12/10/2017
» The Securities and Exchange Commission (SEC) is expected to tighten its regulations on bills of exchange (B/E) by limiting the number of entities in which funds can be privately placed to no more than 10 deep-pocketed investors.
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BAY targets 10.5% mortgage growth
Business, Pawee Sirimai, Published on 21/09/2017
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, aims for 10.5% growth in total mortgages this year, outperforming the industry's softer forecast of 6%.
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Bucking the crowd
Business, Pawee Sirimai, Published on 09/09/2017
» In 2013, Santitarn Sathirathai, an economist at Credit Suisse, rang the alarm bell on Indonesia's investment boom, saying a golden era was coming to an end and a slowdown in economic growth was brewing for Southeast Asia's largest economy.
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UOB predicts Chinese uptick
Business, Pawee Sirimai, Published on 13/07/2017
» Chinese direct investment into Thailand will continue to pick up, supported by current infrastructure investment and Xi Jinping's Belt and Road initiative, says United Oversea Bank (UOB).
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Card usage dips as nation mourns King
Business, Pawee Sirimai, Published on 23/06/2017
» Visa expects to see spending growth curtailed this fiscal year as consumers have been reluctant to open their wallets during the mourning period that followed the late King's passing in October.
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EDC terminal installation misses mark
Business, Pawee Sirimai, Published on 09/06/2017
» The government's plan to completely install 560,000 credit and debit card-swiping terminals by the first quarter of next year could be delayed, says a senior Bank of Thailand official.
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