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  • BUSINESS

    BAAC, agencies partner to upgrade smart farms

    Business, Published on 09/12/2019

    » Deputy Prime Minister Somkid Jatusripitak has ordered the Bank for Agriculture and Agricultural Cooperatives (BAAC) to team up with the Industrial Promotion Department and the Tourism Authority of Thailand (TAT) to develop and upgrade smart farmers and community tourism, part of ongoing efforts to address poverty in the rural sector, covering as many as 30 million people.

  • BUSINESS

    Scotiabank holding on to TBank

    Business, Somruedi Banchongduang, Published on 06/04/2017

    » Bank of Nova Scotia (Scotiabank) is still committed to a long-term investment in Thanachart Bank (TBank), a top executive of the parent firm says.

  • BUSINESS

    Scotiabank shelves TBank divestment

    Business, Somruedi Banchongduang, Published on 07/09/2016

    » Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.

  • BUSINESS

    Investors heartened as fed ends rate suspense

    Business, Published on 20/03/2017

    » Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.

  • BUSINESS

    Global shares sink in bad case of China syndrome

    Business, Published on 11/01/2016

    » Recap: The new year got off to a miserable start as China suspended share trading twice, the yuan slid to a five-year low, and weak manufacturing and services data in the world's second-largest economy rattled traders everywhere including Thailand.

  • BUSINESS

    Set flirts with 1,600 as central banks stay busy

    Business, Published on 01/12/2014

    » Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.

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